Friday, 21 November 2014
Last updated 2 hours ago
Nov 20 2014 | 1:53pm ET
BlueBay Asset Management will close a US$1.4 billion macro hedge fund after its manager resigned from the firm.
Neil Phillips plans to start a hedge fund of his own. But rather than simply replace him as head of the Global Macro Fund, London-based BlueBay said that it is in “the best interest of investors” to shut the fund and return money to clients.
Nov 21 2014 | 8:32am ET
Third Point’s Daniel Loeb at last has the scalp he sought at Sotheby’s.
Nov 21 2014 | 8:30am ET
If Warren Buffett treats his companies like masterpieces, David Rubenstein treats his like, well, better masterpieces.
Nov 21 2014 | 7:53am ET
Hedge-fund creditors of Iceland’s failed banks have had hundreds of millions of dollars stuck in the country since the financial crisis. They may soon be able to take it out—but could be subject to a severe haircut for the privilege.
Nov 21 2014 | 7:50am ET
Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, is looking to get out of his position selling the yen.
Nov 21 2014 | 7:44am ET
Simon Davies, who managed money at Cheyne Capital Management for 11 years, plans to start trading an event-driven fund with Sand Grove Capital Management next year.
Nov 20 2014 | 1:50pm ET
Claren Road Asset Management has been buffeted by redemption requests following its dismal October.More News
Nov 19 2014 | 11:56am ET
New York-based Winchester Equities, headed by Avi Benamu and Jack Hazan, funds soft deposits for property developers short of ready cash. To find out more about the firm, which has attracted backing from hedge funds and a family office, FINalternatives' Mary Campbell spoke recently with Benamu.
Nov 14 2014 | 6:03am ET
Peer-to-peer lending was invented with the individual investor in mind. But despite its retail appeal, institutional investors and hedge funds are taking notice. So why is the big money interested in P2P lending? Bo Brustkern explains.
Nov 12 2014 | 9:17am ET
Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby’s in New York last week.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...