Wednesday, 20 August 2014
Last updated 2 hours ago
Dec 16 2011 | 4:37pm ET
Now a family office, Soros Fund Management is tightening its belt. The New York-based firm, which earlier this year returned outside capital to investors, has laid off several analysts and portfolio managers.
The job cuts have come over the past several months, following the $25 billion firm's hiring of Scott Bessent as chief investment officer in September. The analysts laid off covered stocks, Reuters reports.
Soros said that the layoffs are part of the normal course of business. The cuts at the firm, which has about 300 employees, were not especially large, according to Reuters.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note