A portfolio manager at Man Group has decamped to Neuberger Berman to help expand the asset manager's growing lineup of alternative mutual funds.
Former SAC Capital Advisors portfolio manager Mathew Martoma asked a U.S. judge to throw out his insider trading conviction, saying federal prosecutors did not prove he committed a crime and that improper evidence and jury bias tainted the verdict.
Having returned the vast majority of its billions of dollars in public money to create a leaner, more private company, the hedge fund SAC Capital will reorganize its disparate trading divisions and rename them by April, according to an internal memo.
The traditional hedge fund public relations strategy of "no comment" is starting to change.
Never good to lose big.
He's the man (again).
David Einhorn has filed a lawsuit seeking to unmask the identity of an anonymous financial blogger who, he says, disclosed that Einhorn’s hedge fund was buying shares in a technology company.
The post-financial crisis world has been very, very good for Silver Point Capital.
Western Europe and Japan are the most sought-after regions for hedge fund investors in 2014 as economic conditions show signs of improvement for the two regions, according to Deutsche Bank's annual Alternative Investment Survey (AIS).
The CEO of a $5 billion hedge fund can expect to make between $7 million and $10 million if the fund returns just 10 percent.