Sunday, 23 November 2014
Last updated 1 day ago
Feb 13 2007 | 9:07am ET
Cerberus Capital Management is opening an office in Hong Kong as part of a strategy to become active in China, the firm’s chairman said.
John Snow, the former U.S. Treasury secretary, told The Wall Street Journal that the $22 billion New York-based fund is expanding its Asian focus, which currently is on Japan, where it owns a controlling stake in Aozora Bank. Snow, who is in China this week lobbying for better corporate governance, said Cerberus is considering a number of possible transactions, including helping Chinese companies acquire overseas firms.
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...