Sep 12 2012 | 1:09pm ET
Hong Kong hedge fund Pivotal Investments is closing its doors, the latest Asian hedge fund to join the scrapheap this year.
Pivotal's demise was blamed on a common complaint, inability to raise money. The firm debuted in 2010 with US$50 million but was never able to exceed US$70 million in assets, despite returning 44.5% last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…