Feb 4 2011 | 11:59am ET
There will be no Shumway Capital Partners without Chris Shumway at the helm, at least not for the firm's outside clients.
The $8 billion hedge fund's founder said it would return all client money by the end of next month. The move follows his decision in November to step away from day-to-day money management, which in turn triggered some $3 billion in redemption requests.
In November, Shumway said he would hand the title—and duties—of chief investment officer over to Tom Wilcox.
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…