05/13/2014

New Hedge Fund Bets On Bitcoin

Coin Capital Management is this week launching a Bitcoin-focused hedge fund, which will buy and hold the leading crypto-currency in an institutional grade environment.

05/12/2014

Deutsche unit eyes US passive assets

Deutsche Asset & Wealth Management, Europe’s second-largest exchange-traded product provider, is making a push for assets in the US, bulking up its sales staff and plotting its growth strategy in a market where it ranks 12th.

05/07/2014

Tepper tops pay ranking of US hedge fund managers

Appaloosa Management founder David Tepper has topped an annual ranking of the highest-paid hedge fund managers in the US published by Institutional Investor’s Alpha magazine for the second successive year, earning $3.5bn in 2013.

05/06/2014

Ex-Lehman economist plans hedge fund

John Llewellyn, who was global chief economist at Lehman Brothers prior to its 2008 collapse, is hoping to make his debut as a macro hedge fund manager aged 69.

05/05/2014

Principal Financial Group Updates on First Quarter Results

Principal Financial Group, Inc. announced results for first quarter 2014.. -Operating earnings increased 36 percent to $317.1 million for first quarter 2014, compared to $233.3 million for first quarter 2013. Operating earnings per diluted share increased

05/05/2014

Warren Buffett opens door to bigger acquisitions

Warren Buffett’s devoted followers made their pilgrimage to Omaha this year amid an intense debate about whether his $300 billion conglomerate Berkshire Hathaway should hand back cash to shareholders, or even one day be broken up.