Wednesday, 30 July 2014
Last updated 4 sec ago
Jul 29 2014 | 2:35pm ET
Harbinger Capital Partners’ former chief operating officer has settled Securities and Exchange Commission fraud allegations, closing the book on a case that cost firm founder Philip Falcone the right to run a hedge fund.
Peter Jenson agreed to pay $200,000 and admitted wrongdoing for helping Falcone take a $113 million loan from Harbinger hedge funds to pay his tax bill. The loan was not disclosed to investors.
Jul 30 2014 | 9:07am ET
It turns out that there is something that keeps Elliott Management founder Paul Singer up at nights, and it isn’t central bankers or the Obama administration: It’s a solar electromagnetic pulse that could plunge humanity back into the dark ages.
Jul 30 2014 | 8:17am ET
Ramius Capital has asked investors to let it turn over management of an alternative mutual fund to State Street Global Advisors.
Jul 30 2014 | 8:16am ET
Hedge fund Casablanca Capital is poised to take control of mining company Cliffs Natural Resources, it said yesterday.
Jul 30 2014 | 8:15am ET
The Securities and Exchange Commission has suffered another setback in its court battle with Maverick Capital and Ranger Capital founder Sam Wyly, just months after a jury handed it a major victory.
Jul 30 2014 | 8:14am ET
If, as he hopes, another bidder drives up the price for discount retailer Family Dollar Stores, Carl Icahn won’t be reaping the full benefit.
Jul 30 2014 | 7:48am ET
William Ackman’s presentation on nutritional supplements company Herbalife didn’t impress many people, but one of its fans is now out of a job.More News
Jul 28 2014 | 8:10am ET
Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv and has 360,000 researcher/analysts. If you're picturing the HR nightmare this would entail, relax: those thousands of researchers and analysts aren't actual employees of the firm.
Jul 29 2014 | 9:33am ET
In an environment where many asset classes seem expensive by historical standards, it is tough to find compelling investment opportunities that offer attractive risk/reward profiles. This is especially true in the fixed income world where yields in many areas are at record lows. Steve Mason, a portfolio manager at Collins Capital Investments, tells us where he looking.
Jul 23 2014 | 6:44am ET
While he’s always been a photographer, recent expeditions to Iceland, Ethiopia and beyond have given hedge-fund manager David Yarrow a clear shot at artistic and financial success, says William Cash.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…