Wednesday, 26 November 2014
Last updated 2 hours ago
Sep 24 2012 | 1:06pm ET
The victim of a robbery last week, hedge fund manager Jeffrey Gundlach is taking his story to the press.
The DoubleLine Capital founder will hold a press conference this afternoon in downtown Los Angeles to discuss the theft of $10 million in cash and goods, and the rewards he's offering. Gundlach is offering $200,000 for information leading the return of the stolen items, a call to a hotline he set up, (855) 692-4997, shows. A tipster can earn $1,000 for information that leads to the arrest and conviction of the burglars.
Gundlach's Santa Monica, Calif., home was hit between Sept. 12 and Sept. 14, while Gundlach was away. The thieves made off with a chunk of Gundlach's impressive art collection, five luxury watches, wine, cash and his 2010 red Porsche Carrera 4S.
The stolen paintings include works by Joseph Cornell, Philip Guston, Jasper Johns, Franz Kline and Piet Mondrian.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...