Sunday, 29 March 2015
Last updated 1 day ago
Aug 17 2011 | 12:54am ET
A top—and top-paid—trader at Barclays Capital is leaving the firm to launch his own hedge fund.
Todd Edgar, who joined BarCap two years ago with four others on a contract worth up to £30 million from JPMorgan Chase, will now leave. According to the Financial Times, Barclays felt it could not hold on to Edgar or his team under new U.S. rules barring banks from proprietary trading. Nearly a dozen of Edgar’s commodity trading team will join him at the new hedge fund.
Edgar hopes to set the new operation up by the end of the year.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…