06/06/2013

SAC Will Not Become A Family Office

SAC Capital Advisors is reassuring its employees that it will not return all outside capital in the wake of what are thought to be billions in redemption requests.

06/02/2013

UBS To Shut Next-Gen Internet ETN, 6 Others

The shuttering is emblematic of what appears to be the end of a period of exchange-traded product development characterized by the launch of relatively tightly focused products

05/24/2013

Cohen Mulls Plans to Shutter SAC

The embattled hedge fund SAC Capital is drawing up plans to close down and convert itself into a so-called “family office,”