Tuesday, 2 September 2014
Last updated 1 hour ago
Dec 4 2006 | 11:04am ET
Independent research firm Gradient Analytics, accused of being the hatchet men for hedge funds in a pair of lawsuits, announced that Brad Forst will succeed firm founder and Chairman Carr Bettis as president and CEO. Bettis will remain chairman and also will assume the title chief scientist.
The firm denied that the lawsuits prompted the leadership change. Both pharmaceutical firm BioVail Corp. and internet retailer Overstock.com accuse the Scottsdale, Ariz.-based Gradient of colluding with hedge fund short-sellers by issuing negative research reports. Gradient denies wrongdoing in both cases.
In a statement, Forst, the former CEO of safety technology firm Simula, said, “The integrity of Gradient’s research process and its impressive track record make its continuing growth an exciting prospect.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...