Wednesday, 17 December 2014
Last updated 5 hours ago
Aug 18 2014 | 9:46am ET
George Soros made a fortune betting against the British pound 22 years ago. But if U.S. stocks collapse, he’s poised to make a fortune that would dwarf the $1 billion he made in 1992.
The billionaire’s family office, Soros Fund Management, increased its short position against the Standard & Poor’s 500 Index more than seven-fold to $2.2 billion, it said in a regulatory filing. The put options account for more than 16% of the firm’s total portfolio.
In spite of the massive short bet against the SPDR S&P 500 ETF, Soros remains net-long equities.
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.