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By Daniel P. Collins |
September 1, 2012
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By Nina Mehta, Bloomberg |
August 20, 2012
UBS AG is starting a unit aimed at quantitative hedge funds that combines prime brokerage and services from its direct execution trading business.
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By Debarati Roy, Bloomberg |
August 15, 2012
Billionaire investors George Soros and John Paulson increased their stakes in the biggest exchange- traded fund backed by gold as prices posted the largest quarterly drop since 2008.
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By Anthony Effinger, Bloomberg |
August 7, 2012
Twice a week, 6- to 11-year-old scions of wealthy families take classes on being rich. They compete to corner commodities markets in Pit, the raucous Parker Brothers card game, and take part in a workshop called “business in a box."
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By Michael McFarlin |
August 1, 2012
Hedge fund titan Louis M. Bacon has decided to return about $2 billion to investors after a particularly tough second quarter this year when his fund was down 3.18%.
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By Daniel P. Collins |
August 1, 2012
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By Daniel P. Collins |
August 1, 2012
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By Daniel P. Collins |
August 1, 2012
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By Daniel P. Collins |
August 1, 2012
Clark Collins, managing member of Stuart, Fla.-based CEC Capital LLC, met Pierre Tullier, former president of commodity trading advisor (CTA) Dunn Capital Management, through his future wife.
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By Christopher Condon, Bloomberg |
July 17, 2012
State Street Corp., the third- largest custody bank, agreed to buy the hedge-fund administration unit of Goldman Sachs Group Inc. to boost growth as second-quarter revenue fell amid declining global markets and record low interest rates.
