Jun 13 2013 | 11:16am ET
Brevan Howard Asset Management is parting ways with its top currency manager and may close his US$570 million fund.
Luke Ding will leave Brevan Howard as part of the firm's biannual review. His Macro FX Fund, which managed about US$1 billion last year, has struggled to post consistent returns, with annualized gains of just 1.4% since its debut four years ago. The fund is up about 1.6% this year, but lost 2.3% last year.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…