Monday, 22 December 2014
Last updated 2 hours ago
Dec 19 2014 | 9:51am ET
London hedge funds stepped up bets this month against European companies with the highest sensitivity to lower oil prices, speculating that share prices have further to fall.
Firms including BlueCrest Capital Management and Marshall Wace increased their short positions this month in exploration and oil-services stocks including Petrofac Ltd., SBM Offshore NV and Lundin Petroleum AB, according to data compiled by Bloomberg and European regulators.
Dec 22 2014 | 5:22am ET
BlackRock Inc., Macquarie Group Ltd. and Millennium Capital Management former employees are planning a Hong Kong-based hedge fund which will use computer models to spot trading opportunities in 13 Asian stock markets.
Dec 22 2014 | 5:08am ET
Meredith Whitney, who started a hedge fund after becoming one of Wall Street’s most famous analysts, has found it harder to bet on stocks than scrutinize them.
Dec 19 2014 | 11:46am ET
Christmas has come early for Highland Capital Management. The Dallas-based hedge fund firm today won its court case against Credit Suisse AG, which was convicted of defrauding Highland in a real estate refinancing deal.
Dec 19 2014 | 7:35am ET
Third Point Reinsurance has announced that it is winding down its catastrophe fund and reallocating the investment to an insurance-linked securities vehicle.
Dec 19 2014 | 6:34am ET
It may not be a very merry Christmas for some hedge funds this year, as investors redeeming their money from funds is at its highest point this year.
Dec 19 2014 | 5:28am ET
With less than one year in office, U.S. Federal Reserve Chair Janet Yellen has been named Wall Street’s Person of the Year for 2014, according to a poll taken by Convergex, an agency-focused global brokerage and trading related services provider.More News
Dec 21 2014 | 10:30am ET
Texan Allen Stanford first appeared on the radars of financial regulators in 1997. Julie Preuitt, then a branch chief in the SEC’s Fort Worth Broker-Dealer Examination group, was becoming “very concerned” about the “extraordinary revenue” Stanford claimed to me making in his investment fund. It took authorities more than 12 years until Stanford was charged with a crime. H. David Kotz, who served as the inspector general of the Securities and Exchange Commission for over four years, takes us inside the investigation—or lackthereof—and explains why Stanford got away with it for so long.
Dec 19 2014 | 6:10am ET
A handful of the top alternative investment firms on both sides of the Atlantic have realized the importance of brand communications. Unsurprisingly, they are among the industry’s most successful firms. What do they know that others are missing? Peregrine's Max Hilton explains.
Dec 18 2014 | 9:51am ET
The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce settlement that awarded her less than half the family fortune.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.