Sunday, 23 November 2014
Last updated 1 day ago
Feb 27 2008 | 8:04am ET
When it comes to the presidential race, hedge funds are doing what they do best: hedging. Last year, the industry clearly favored then-Democratic frontrunner Sen. Hillary Clinton (D-N.Y.) over Sen. Barack Obama (D-Ill.), giving the former $681,250 to the latter’s $552,374.
But in January, in the wake of Obama’s primary victories in Iowa and South Carolina, hedge fund money took a big turn, with $50,450 donated to Obama, and just $18,800 to Clinton.
Even Sen. John McCain (R-Ariz.), the presumptive Republican presidential nominee, bested her among hedge funds, raising $26,400 in January after accruing just $116,550 in hedge fund cash all of last year.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...