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Argentina Talks To Resume On Eve Of Default

Jul 28 2014 | 12:24pm ET

Argentina will make a final stab at avoiding a default on Wednesday with a last-ditch meeting with a court-appointed mediator tomorrow.

The country has until July 30 to pay hedge-fund holdouts from its last default years ago or to win a stay of the court-order requiring that payment. Its negotiators left New York on Friday without a deal.
 

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Darden Offers Olive Branch Amidst Bruising Hedge Fund Battle

Jul 29 2014 | 9:24am ET

Having completed a deal that they so bitterly opposed, Darden Restaurants yesterday moved to mollify the hedge funds seeking to take control of the company.

Herbalife Misses Estimates For First Time Since ‘08

Jul 29 2014 | 9:23am ET

Pershing Square Capital Management’s William Ackman couldn’t put a dent in Herbalife’s share price, but the end of the company’s earnings streak did.

Elliott Doesn’t Block Asian Bank Deal

Jul 29 2014 | 9:20am ET

In the end, Elliott Management did not stand in the way of a major Asian banking merger.

AMG Profit Jumps 24% As Investors Seek Alternative Assets

Jul 29 2014 | 9:06am ET

Affiliated Managers Group Inc., the company that owns stakes in more than two dozen money managers, said second-quarter profit rose 24 percent as rising stock prices boosted assets.

Citi Vet, Former Sciens CIO Team Up On New Hedge Fund

Jul 29 2014 | 9:01am ET

Anil Prasad, former currencies trading head at Citigroup Inc., and Farhang Mehregani, previously the chief investment officer of Sciens Capital Management, are preparing to set up a macro hedge fund.

Hedge Fund, Founder Cleared In Madoff Feeder Fund Suit

Jul 29 2014 | 8:41am ET

A hedge fund founded by a former top Merrill Lynch executive isn’t on the hook for losses suffered by two clients in the Bernard Madoff scandal.

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In Depth

Israeli Hedge Fund Harnesses Big Data

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.

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Steve MasonSteve Mason
 
 
David Yarrow (left)David Yarrow (left)
 
 

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    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

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