05/07/2014
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
The size of these paychecks are estimates based on the value of the managers’ stakes
05/06/2014
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.
05/06/2014
The industry's 25 best paid managers earned $21 billion between them
05/06/2014
Hedge fund East Lodge, founded by ex-CQS portfolio manager Alistair Lumsden, has opened to external money.
05/05/2014
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’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.
05/05/2014
Bill Ackman invests in young research scientists. Here are the first six to benefit
05/05/2014
We are pleased with the operating results for the first quarter of 2014
05/02/2014
Herbalife has steadfastly denied running a business where members earn more for recruiting other members into the scheme than for selling its products to retail customers.
05/02/2014
Integrates with and complements the company's Global Risk Solutions capabilities
05/02/2014
What we feel sets us apart from other mutual funds is our ability to remain flexible
05/02/2014
Blackstein, who is employed by Toronto-based 1832 Asset Management, continues to run the US mutual fund and ran the Ucits-version of the fund on mandate since its inception.
05/01/2014
The platform provides automatic processing as well as execution and confirmation.
05/01/2014
For investors, the battle between actively managed mutual funds and their index-style competitors is like a decades-long sports rivalry. Index funds have been gaining ground for years, largely because their fees are lower and performance is often better,
05/01/2014
The life insurance division of the former Aviva USA earns a new name today: Accordia Life, a subsidiary of Global Atlantic Financial Group.
05/01/2014
GEMS Kenmar-Olympia Group is the third major equity partner to invest in HedgeCo. In 2013
05/01/2014
Today, Voya Investment Management, part of Voya Financial, Inc. ), marks the firm's first day operating under its new brand name.
05/01/2014
Wells Fargo Advantage Funds announces the introduction of an alternative fund employing strategies similar to those used by institutional-quality hedge fund managers.
05/01/2014
Earnings were pushed lower by higher operating expenses