Sunday, 28 December 2014
Last updated 5 hours ago
Sep 2 2008 | 1:27pm ET
The financial services sector has done anything but pay off for Atticus Capital.
The New York-based hedge fund has seen 30% of its assets disappear as financials have plunged around the world. It’s Atticus European fund is down 32.9% through the end of August, while its Atticus Global fund has lost about 25%, Dow Jones Newswires reports.
The losses leave the activist giant with just $14 billion in assets under management, down from $20 billion last summer.
Still, investors seem to be sticking by the firm. According to Dow Jones, the firm has received only a limited number of redemption requests.
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.