Sunday, 28 December 2014
Last updated 1 hour ago
Jul 9 2012 | 7:10am ET
Six years ago, Fairfax Financial Holdings sued eight hedge funds and brokerage Morgan Keegan for conspiring to drive its stock price down. Since then, seven of the hedge funds, including SAC Capital Advisors, Third Point and Kynikos Associates, have been culled from the roster of the accused.
But Exis Capital Management remains, and, it seems, will remain when the trial begins on Sept. 10. A New Jersey judge has refused to dismiss the case against the hedge fund, and also junked Morgan Keegan's most recent bid for a dismissal.
Fairfax is seeking $8 billion in the racketeering claim.
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.