Saturday, 27 December 2014
Last updated 2 days ago
Nov 20 2006 | 12:24pm ET
Beset by speculation that it is the hedge fund rumored Friday to be in dire straits, Citadel Investments says it is in no danger of blowing up.
A Citadel spokesman, Bryan Locke, denied Friday that the firm was in any trouble resulting from bad energy trades, as the rumors went. The firm reiterated its denial this morning.
“We are aware of the rumors,” Locke said. “They are completely unfounded.”
Reuters reports that people familiar with the Chicago firm’s two multistrategy funds say they are up about 20% this year.
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.