Global hedge funds were down 0.7% in September, according to Goldman Sachs' Hedge Fund Performance and Positioning report for the month. Asset-weighted results were about 60 basis points worse than the simple average, which the firm said suggests large firms underperformed their smaller counterparts. That marks a reversal of the trend observed in July and August.
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
As Lending Club CEO Renaud Laplanche takes a fall due in part to an investment in a related company that was similar to that of board member John Mack,... Read More
This is part one of a two-part interview with AlphaCentric Hedged Market Opportunity Fund. The interview is part of ValueWalk’s Value Fund Interview Series. Throughout this series, we are publishing weekly... Read More
 the long awaited return of value? well for now at least some good news for value hedge funds Donald Trump winning the US presidential election has saved hedge funds this... Read More
Back when the Herbalife Ltd. (NYSE:HLF) fight was at its most public, Carl Icahn, who is long on the company, said that Bill Ackman would face the "mother of... Read More
In a bid to discourage theft, a law requiring smartphones to have a "kill switch" just passed the California Assembly Thursday morning. Smartphone kill switch bill passed in California If signed... Read More
Basel III rules are being finalized around the world, and investors will have to come to terms with a new, complicated $1 trillion debt market as banks start to... Read More
Alongside people, process and technology, data is becoming a fourth pillar of the business for leading financial services firms, notes an EY study. After conducting a confidential survey data across banking,... Read More
Guest post from Miller/Howard Investments. Miller/Howard Investments is a boutique investment firm with more than 25 years’ experience managing portfolios focused on dividends, ESG, utilities, energy infrastructure, and MLPs. We... Read More
Former Cincinnati money manager Glen Galemmo was sentenced on Thursday for running a Ponzi scheme that may have topped $100 million. About a dozen investors’ testimony in court helped convince... Read More
Post Market Update Market Levels •   US: Dow: 13107.20 (0.03%), S&P 500: 1411.94 (-0.07%), NASDAQ: 2987.95 (0.06%) •   Europe: CAC: 3435.09 (0.69%), DAX: 7231.85 (0.44%), FTSE: 5806.71 (0.03%). •   Asia-Pacific: Australia: 4472.40 (-0.84%),... Read More
