Sunday, 21 December 2014
Last updated 1 day ago
Sep 25 2013 | 12:20pm ET
The Baupost Group plans to return some money to investors at the end of the year as opportunities become scarcer.
It is unclear how much of its $28 billion in assets the Boston-based hedge fund will return, Reuters reports. It is only the second time since the firm was founded 31 years ago that it is making such a distribution, joining the likes of Moore Capital Management and Tiger Global Management, both of which returned capital to investors last year.
According to Reuters, Baupost chief Seth Klarman is finding it difficult to put so much money to work in the current market environment.
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.