Saturday, 20 December 2014
Last updated 22 hours ago
Jan 25 2011 | 7:49pm ET
Sumitomo Trust & Banking Co. has shuttered a US$50 million hedge fund.
The firm’s asset management arm, Sumitomo Trust Finance, liquidated the Tactical Equity Concepts Japan on Dec. 20. The fund, which was launched in June 2009, lost 10% last year.
Sumitomo launched the fund with US$100 million.
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.