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By Jim Brunsden, Bloomberg |
March 21, 2013
Fund managers are facing a push by European Parliament lawmakers to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
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By David McLaughlin and Beth Jinks |
March 20, 2013
Aurelius Capital Management sued directors of Energy Future Holdings Corp., claiming loans made within the power producer harmed creditors.
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By Ginger Szala |
March 19, 2013
Elizabeth Cheval, founder and chairman of EMC Capital, died of a brain aneurism on March 9 while in China for business. The sadness upon hearing of Liz’s death went viral across the business.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By Maria Kolesnikova, Bloomberg |
March 15, 2013
Copper analysts are getting less bullish for the first time in three weeks after China, the biggest consumer, said it was on “high alert” over inflation and intensified a campaign to control its property market.
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By Bei Hu |
March 11, 2013
A unit of the world’s largest publicly traded hedge-fund manager expects the best return from its multistrategy fund of funds since 2009.
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By Mikael Holter, Bloomberg |
March 11, 2013
Norway’s $713 billion sovereign wealth fund is turning away from the world’s biggest currencies and their debt-laden governments as policy makers undermine their exchange rates through unprecedented stimulus measures.
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By Debarati Roy, Bloomberg |
March 11, 2013
Hedge funds cut bets on a commodity rally to a four-year low on signs of surplus supply in everything from coffee to zinc before Goldman Sachs Group Inc. said prices had fallen too far and investors should buy.
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By Stephanie Ruhle and Michael J. Moore |
March 6, 2013
UBS O’Connor LLC, the $6 billion hedge-fund unit within the biggest Swiss bank, risks upheaval as senior traders seek to defect after a clampdown on cash bonuses.
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By Bei Hu |
March 5, 2013
Hedge-fund managers, traders and analysts in Asia are quitting as assets have failed to recover after the 2008 global financial crisis.
