Jun 10 2013 | 12:50pm ET
SAC Capital Advisors clients moved to redeem substantially less from the hedge fund than expected, according to a report.
Investors filed redemption requests for between $2 billion and $3 billion from the $15 billion hedge fund. While redemptions are said to be closer to $3 billion than to $2 billion, it is still significantly less than expected and welcome news for SAC, which faced the redemption deadline amidst reports that prosecutors may file criminal charges against the firm itself.
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…