West Palm Beach (HedgeCo.net) - Hedge fund Provider, Fidelity ActionsXchange, has appointed Laura J. Pollard as executive vice president and head of the company. Pollard will report to Larry C. Renfro, president of Fidelity Developing Businesses, a new division that comprises a number of growing businesses and strategic initiatives for Fidelity.
“Working in partnership with ActionsXchange’s […]
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Financial Times - Man Group has teamed up with an Abu Dhabi-owned investment company to make electricity from the gas produced as a byproduct of oil drilling, which is currently wasted in the form of flaring.
Abu Dhabi will inject the first $300m (£151m) into a new fund, which aims to raise $1.5bn, and will receive […]
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New York Post- Phil Falcone’s Harbinger Capital Partners - the hedge fund that won a battle to land board seats at The New York Times Co. - is expanding its size and presence to capitalize on its newfound clout.
Falcone is seeking to use the reputation gained from the Times fight and winning bets against subprime […]
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Reuters - Jerome Abernathy has a proposition for the world’s biggest pension funds — better returns than hedge funds without the headaches or heavy costs.
This may sound too good to be true to institutional investors, who have poured billions of dollars into the loosely regulated $2 trillion hedge fund industry in the hope of earning […]
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