Elliott Quits MF Global Creditors Committee

Jul 3 2012 | 1:20pm ET

Elliott Management has sold its MF Global debt and resigned from the bankrupt futures brokerage's creditors committee.

Elliott's move comes after it successfully won the right last year to both sit on the committee and continue to trade MF Global securities. But it has sold its position, indicating that there remains an active market for the collapsed firm's debt.

The hedge fund has been replaced on the creditors committee by JE Meuret Grain Co.

MF Global went under in October due to its exposure to European debt.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of