Dec 21 2010 | 11:03am ET
File this one under: silver linings. Morgan Stanley Smith Barney says the financial crisis has “thinned” the number of hedge funds in the market, thus lessening competition, thus opening up opportunities for those still in the game.
In addition, says the financial services firm in its latest Global Investment Overview, other market participants (whether banks or individuals) have cut back their risk exposure, reducing competition in the sector further.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…