Thursday, 25 December 2014
Last updated 23 hours ago
Mar 9 2010 | 9:21am ET
Hedge funds have taken a lot of grief for Greece’s troubles. The country last week went so far as to bar hedge funds from participating in a debt sale in retaliation. But it seems the industry may stand falsely accused.
The German financial regulator, BaFin—not generally known for its pro-hedge fund stances—moved to tamp down on speculation that hedge funds were pushing Greece towards default.
“The Bundersanstalt für Finanzdienstleistungsaufsicht has, contrary to reports, not found that derivatives, otherwise known as credit default swaps, were used to speculate against Greek government bonds,” the regulator said, according to the Financial Times.
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.