Oct 8 2013 | 12:59pm ET
FX Concepts has been battered by poor performance and has suffered an exodus of major clients. And the most recent redemption may put an end to the New York-based firm.
FX, which once managed $14.2 billion, is now scrambling to survive, with chief strategist Robert Savage telling media outlets that almost anything, including a bankruptcy filing, is possible.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…