News

Salt 2017: Corzine expresses remorse over MF Global collapse

Ex-CEO of failed brokerage is raising assets for a new hedge fund


Caxton reports profit surge at European unit

Rise in performance fee allocation drives earnings to $125m in 2016

Salt 2017: Big quotes from a more sombre gathering

Tales of remorse and opportunities missed abundant at Las Vegas conference



News round-up: Church of England tops 2016 endowment performance rankings

Tudor Jones backs quant hedge funds; Barclay’s increases email security after prankster poses as chairman


Macro funds remain investor favourites in 2017

Overall hedge fund allocations in April muted, latest eVestment data shows


News round-up: Third Point uses AI to analyse big data, employs half dozen quants

Mnuchin warns hedge funds and LLCs ‘won’t get tax break’; Athenahealth shares surge after Elliott discloses 9% stake; and more


Chanos shorts pharma firm and brands 2016 a ‘watershed’ for the sector

Big name managers present their stock picks at Salt conference


Bill Ackman: I have something to prove after Valeant

Pershing Square founder discusses how he has been humbled by bad bets


Jim Chanos: Hedge funds are shifting to alpha fee structures

Kynikos Associates founder says hedge fund fees will keep falling


Leon Cooperman pays $5m to settle insider trading charges

Omega Advisors will be subject to intense monitoring regime


Carlyle’s Rubenstein tells hedge funds to prepare for record inflows

Absence of decent alternatives should see investors pile in to hedge funds and private equity, said co-founder of PE giant


Engadine Capital taps Ledbury COO

Chude Chidi-Ofong steps into role following departure of Michelle Wood last month


Brevan faces more outflows on Aon multi-strat downgrade

Changes to investment process, outflows and poor performance of multi-strat fund among issues cited by consultant Aon Hewitt




Salt 2017: China SWF seeks tech and China-focused managers

$814bn fund sets out changes in investment philosophy


News round-up: Elliott makes distressed debt hires in expectation of downturn

Quant firm fights to stop ex-analyst leaving UK with trade secrets; Alibaba tops US HF’s Chinese stock picks


FAB Partners rebrands as Centricus after Halkin acquisition

Deal set to expand multi-manager HF platform and advisory business


Hedge funds swap IT for consumer staples in Q1

First time sector most bought by hedge funds since 2013, S&P analysis shows


Salt 2017: Marathon’s Richards points to ‘whopping’ future distressed opportunities

CIO highlights potential for huge returns when the cycle shifts