Neuberger Berman launches two put option equity Ucits

US Equity PutWrite and Global Equity PutWrite funds managed by Derek Devens

Convergence: Hedge fund count and AuM continue to rise

SEC data shows HF assets up $432bn in year to end of first quarter

News round-up: Akzo Nobel wins court case against Elliott

ISS advises against Greenlight’s GM share plan, board nominees; Trump budget threatens SEC tech spend; and more

BlackRock alts CIO and Alliance Partners co-founder launch special ops fund

Mathew Botein and Lee Sachs team up to launch long-only vehicle

Trishield COO departs after 10 years to start Park Overlook AM

Michael Leibert helped launch Jeff Buick’s firm in 2007

Fifth Street to close credit hedge fund and sell CLO business

Decision to wind down its non-core businesses comes after a rocky period for the firm

European debt firm Butler launches Ucits with MontLake

Butler Credit Opportunities Ucits will aim for annual returns between 8% and 10%

News round-up: San Francisco hedge fund pleads guilty to fraud

Elliott wins Arconic board nominee battle; Citadel to boost Irish headcount; and more…

CFTC commissioner wants self-funding model for agency

Bowen calls for firms to pay fees direct to derivatives regulator as budget ‘insufficient’

Highland: 20% chance of Trump impeachment

Senior management highlight a number of best ideas in the credit and equity space

Deerfield analysts charged over insider trading

Theodore Huber and Robert Olan accused of insider trading alongside political consultant and government employee

Gatemore ups stake in DX Group to 21%

Activist seeking to oppose reverse takeover by Menzies’s Distribution

News round-up: Loeb says Dow and DuPont should split into six

Hong Kong hedge funds leave Central as Chinese move in; Zodiac accepts reduced Safran offer; and more

Altegris drops Winton in mutual fund restructure

QIM and Lynx also cut from multi-manager futures fund

Prytania mulls niche structured credit launch

UK firm considering less traded opportunities in the European market

Cordium launches broker-dealer hosting platform 

New broker-dealer licensing solution created by consultancy giant

News round-up: HF drops 62% betting against Chinese economy

Massachusetts manager arrested over “Ponzi-like scheme”; HFs bullish over Greek resurgence

Top investment banks see 10% drop in Q1 prime services revenues

Overall revenues rise year-on-year, led by IBD, Coalition data reveals