Jun 2 2011 | 3:31pm ET
Citigroup has shuttered an internal quantitative hedge fund as the bank continues to slough off proprietary trading operations.
Citi closed its Quantitative Strategies fund in April, after naming fund manager Shakil Ahmed head of electronic market-making. The fund managed $400 million, all of it internal capital.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…