Top Story

As Deadline Passes To Repay Hedge Funds, Argentina Defaults

Jul 31 2014 | 5:47am ET

With Standard & Poor’s saying Argentina is in default and last-minute plans to remedy the situation falling through, investor focus is turning to whether holders of $29 billion of bonds will demand immediate repayment.

The nation missed a deadline yesterday to pay $539 million in interest after two full days of negotiations in New York failed to produce an accord with creditors from its last default in 2001.

 

Latest News

Rothschild Larch Lane Management Jumps Into Liquid Alternatives Space

Aug 1 2014 | 7:49am ET

Rothschild Larch Lane Management Company has launched a liquid, open end alternatives mutual fund which utilizes a risk balanced approach to portfolio
construction.

Man Group Shares Fall On Report Of Slow Inflows

Aug 1 2014 | 7:43am ET

Man Group Plc, the world’s largest publicly traded hedge-fund manager, dropped in London after inflows slowed and the company said it was guarded on performance after 7 percent growth in assets under management.

Milestone Group Snags Former BNP Paribas Executive

Aug 1 2014 | 5:20am ET

Milestone Group, a global provider of fund processing solutions, has appointed Enrique Gonzalez to bolster product management focusing on the APAC region.

Goldman Sachs Vet Turnbull Readies Hedge Fund

Aug 1 2014 | 5:15am ET

Alex Turnbull, a former executive director of Goldman Sachs Group Inc.’s special situations group, is planning a Singapore-based hedge fund, said people with knowledge of the matter.

Ackman Says Herbalife Presentation A ‘PR Failure’

Jul 31 2014 | 12:33pm ET

William Ackman’s latest attack on Herbalife, last week, fell flat, and the Pershing Square Capital Management chief is taking the blame.

Carlyle Profit Doubles

Jul 31 2014 | 12:33pm ET

The Carlyle Group said its second-quarter earnings doubled as it partook in the private-equity industry’s selling spree.

More News

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.

More Features
 
 
George SchultzeGeorge Schultze
 
 
David Yarrow (left)David Yarrow (left)
 
 

Publisher's Note