Peregrine Quits Hedge Fund Consulting

Sep 28 2012 | 12:06pm ET

South African alternative investments firm Peregrine Holdings will close its hedge fund consulting business.

The firm blamed macro drivers for its decision to get out of the consulting business, Opalesque reports. Managing director Leila Lederman said Peregrine Portfolio Innovation would stop circulating performance updates for its clients at the end of next month.

Portfolio Innovation offered investment solutions for investors.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.