Friday, 19 December 2014
Last updated 1 hour ago
Apr 14 2008 | 2:00am ET
One of the few hedge fund bright spots for Bear Stearns last year has turned sour in 2008.
The Emerging Markets Macro Fund was down 15.2% in the first quarter, the fund told investors, after an 11% decline in March. The fund blamed bad bets on global currencies for the decline.
The once $2.6 billion fund, managed by Melissa Ko, is down to just $1.2 billion. It returned 25.5% in 2007.
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.