Monday, 22 December 2014
Last updated 1 hour ago
Dec 22 2014 | 9:52am ET
Hedge funds were down 0.8% for the week ending December 17th, according to the Bank of America Merrill Lynch diversified composite index.
Merger arbitrage funds were the best performers, adding 0.1%, while convertible arbitrage funds shed 1.6%
Dec 22 2014 | 12:11pm ET
Quantitative hedge fund firm F-Squared Investments has agreed to pay $35 million and admit wrongdoing to settle charges that it defrauded investors through false performance advertising about its flagship product.
Dec 22 2014 | 10:14am ET
U.S. private equity firms Carlyle Group and Warburg Pincus are set to acquire Canadian ratings agency DBRS.
Dec 22 2014 | 9:31am ET
An American private equity firm has surrendered in a battle with London tenants.
Dec 22 2014 | 8:14am ET
Jun Tsusaka, TPG Capital’s former Japan head, is flying solo.
Dec 22 2014 | 8:09am ET
The Boston transit workers' pension fund delayed reporting problems with a $10 million investment in a now-defunct hedge fund.
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.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 22 2014 | 11:52am ET
Hedge funds are increasingly turning to third party services to help with operations. This is a macro trend with many benefits, but presents a major challenge to controlling and managing the firm’s operating environment. C&A Consulting’s Robert Barsky explains how deployment of a well-designed control framework will enable a firm to make best use of its resources.
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.