Saturday, 5 September 2015
Last updated 17 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…