Thursday, 23 October 2014
Last updated 2 hours ago
Oct 21 2014 | 12:41pm ET
In the second half of our interview with Nouriel Roubini, FINalternatives editor-in-chief Deirdre Brennan speaks with the renowned economist about IMF policies, the risk posed by shadow banking systems, and the possibility of a hard landing in China.
"Our view at Roubini [Global Economics] is that there are two extreme views about China and they’re both wrong," he says. "So our baseline has growth this year is barely above 7% reaching 6.5% by next year and 5.5% by 2016. Now 5.5% is not a real hard landing, but it’s not a soft landing."
Oct 23 2014 | 6:10am ET
Investor redemptions have cost Eclectica Asset Management more than half of its assets this year.
Oct 23 2014 | 6:09am ET
A man accused of insider-trading Herbalife shares based on hints he got from a friend who lived with a Pershing Square Asset Management analyst is challenging the Securities and Exchange Commission’s right to challenge his actions.
Oct 23 2014 | 6:08am ET
A federal appeals court in New York has dealt Argentina yet another legal defeat in its default-inducing battle with hedge funds.
Oct 23 2014 | 5:12am ET
A Bernard Madoff investor has settled with the receiver recovering assets for the Ponzi schemer’s victims.
Oct 23 2014 | 5:11am ET
A conservative talk-radio host from Texas must pay $1.7 million in disgorgement and fines for allegedly defrauding investors in his hedge fund, the Securities and Exchange Commission has ruled.
Oct 23 2014 | 5:10am ET
Carl Icahn’s chief boogeyman in his successful battle against eBay Inc. is exiting the field.More News
Oct 21 2014 | 2:57am ET
If D.J. Paul were a real estate development, he would be described as “multi-use.” Before co-founding the New York-based real-estate crowdfunding platform Propellr with his college roommate, Todd Lippiatt, Paul studied philosophy, sold mortgage-backed securities, produced movies and lobbied Washington to get the JOBS Act passed—among other pursuits.
Oct 22 2014 | 12:28pm ET
From a regulatory standpoint, nearly every development since the crisis has placed more demands on internal compliance departments and a firms’ data management capabilities. Compliance departments have seen headcounts beefed up, but without the support of timely, accurate data, their job is impossible. Alan McKenna explains.
Oct 22 2014 | 10:29am ET
A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for a lakefront home in Kenilworth, Illinois.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...