News

The former chairman of a hedge fund at the center of a $300 million fraud case has been accused of embezzlement by a former business partner.

Asia is leading the global economic recovery, and it comes as no surprise that the region is also leading the hedge fund recovery.

Partners Group is getting out of the hedge fund replication business, to an extent.

Investors have begun pouring billions back into hedge funds, but the industry’s smaller players are being left out in the cold.

Galleon Group founder and accused insider-trading mastermind Raj Rajaratnam has again asked to have his record-setting bail reduced.

Multi-asset brokerage, execution and clearing firm Newedge has tapped John Fay to lead the firm’s Americas region.

As bankers on both sides of the Atlantic worry about government moves to reduce—or take their share—of their pay, hedge fund employees are breathing easier this holiday season.

Registered investment adviser Mariner Holdings has acquired a controlling interest in Palmer Square Capital Management, an alternative investment management firm.

Morgan Stanley has tapped industry veteran Edward Keller to lead the firms’ North American prime brokerage unit, according to an internal memo. 

By Saul Singer -- Over the last decade the global diamond industry has been focused on reinforcing the message that diamonds are the leading emotional and aspirational gift item in the mind of consumers across the globe. Millions of dollars in marketing expenditure is allocated on an annual basis to produce seductive and effective marketing campaigns which are of particular prevalence at this time of the year in the lead-up to the Holiday Season.