Monthly Archives: March 2018

(Harvest) Some cryptocurrencies have experienced wild fluctuations in valuation, and the arcane industry lacks regulation. True, cryptocurrency-related activities make up a small portion of the overall semiconductor market’s sales, but for some companies, the exposure is significant – and potentially […]

(Bloomberg) Some big-name hedge funds are suffering losses even after getting what many in the industry have been asking for: more volatility. It just wasn’t the right kind. February was marked by a massive market selloff early in the month, […]

(Bloomberg) BlackRock Inc., the world’s largest asset manager, said it’s exploring ideas for new funds, including index-based portfolios, that exclude gun makers and retailers. The firm, which manages more than $6 trillion in assets, is also working with clients that […]

(Hedgeweek) Fiera Capital Corporation is to acquire Clearwater Capital Partners (Clearwater), an Asia-focused credit and special situations investment firm. To read this article:

(Reuters) Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor William Ackman from making a tender offer himself. In January, […]

(Reuters) U.S. fund manager Federated Investors (FII.N) has entered exclusive talks with Hermes Investment Management about buying a controlling stake in Hermes, sources familiar with the matter said on Thursday. Hermes, which manages 33 billion pounds ($45.35 billion) in assets, […]

(Bloomberg) Billionaire hedge fund manager Ken Griffin has made a habit of pouncing on other firms’ distress to seize — or in some cases, save — top talent. He can also be unforgiving when it comes to his own business…..About […]

(Bloomberg) The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. To read this article:

(Bloomberg) For Steve Schwarzman, it was a very good year. The Blackstone Group LP co-founder received $786.5 million for 2017, his biggest take-home ever, according to calculations based on the firm’s annual report filed March 1. His stake in New […]

(Bloomberg) The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. The guidance informs taxpayers that regulations […]