Tuesday, 29 July 2014
Last updated 1 hour ago
Oct 5 2011 | 1:04pm ET
Hedge fund legend Michael Steinhardt's WisdomTree Investments saw its stock price fall by a quarter after one of its biggest investors pulled out of its funds.
The exchange-traded fund shop saw its assets fall 5.9% last week to $11 billion. Much of that decline is attributable to the exit of a large institutional investor. WisdomTree would not identify the investor.
The 25% decline was WisdomTree's worst three-day stock plunge in almost three years.
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…