11/14/2014

BlueCrest's $50 Billion Dream Is Deferred

Today, BlueCrest, whose funds mainly make bets on corporate and government debt and changes in interest rates, is managing half the amount Platt set as his goal amid lackluster returns at his main fund.

11/13/2014

In Defense of Hedge Funds

The chief argument against hedge funds holds that they have high fees and have posted mediocre performances since the recession ended and it’s time to try other investment vehicles.

11/06/2014

Janus chief Dick Weil revels in Bill Gross hire

In September, Mr Weil, now chief executive of Janus Capital, hired Pimco’s famed chief investment officer Bill Gross in perhaps the most sensational personnel move it was possible to contemplate in the industry.