Friday, 25 July 2014
Last updated 1 hour ago
Aug 11 2010 | 11:40am ET
Apollo Management has shut its metals hedge fund, which launched just last year.
The London-based Apollo Metals Trading Fund was seeded with US$40 million last March. But the fund was faced with a difficult commodity market, and fund manager Mark Thompson left the firm last month, Bloomberg News reports.
The Apollo fund invested in industrial and precious metals, as well as mining stocks.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…