Saturday, 20 December 2014
Last updated 1 day ago
Nov 3 2011 | 8:45am ET
BNP Paribas' U.S. capital introductions chief sees a continuing change of the guard in the hedge fund industry this year.
Emma Sugarman told Bloomberg TV that "undoubtedly we are going to see more hedge fund closures this year." Sugarman specified that it might be well-established names at larger hedge funds leading that charge.
"I think we started to see it earlier in the year with big, blue-chip names—people like Stan Druckenmiller at Duquesne and Bruce Kovner stepping back from Caxton," she said. "It's not as much fun working in the hedge fund market anymore."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.