Wednesday, 24 December 2014
Last updated 9 hours ago
Sep 11 2008 | 8:34am ET
SAC Capital Advisors’ recent hiring spree is continuing, as the Stamford, Conn., hedge fund giant has snatched at top Karsch Capital Management executive.
Aaron Cowen will join SAC from the global equities hedge fund later this year. He will work directly with SAC founder Steven Cohen to pick stocks and manage a team of analysts.
The $16 billion firm has hired 25 new teams to manage stocks since November, opening a Boston office to accommodate some of them.
Separately, Bloomberg News reports that the firm is reopening its flagship fund to new investors for the first time in three years. SAC Capital International is up about 1% year-to-date.
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.