Monthly Archives: July 2017

(New York Times) The nation’s consumer watchdog adopted a rule on Monday that would pry open the courtroom doors for millions of Americans, by prohibiting financial firms from forcing them into arbitration in disputes over their bank and credit card […]

(Bloomberg) China-focused hedge funds bounced back from their worst performance in five years and trounced global counterparts. After an annual loss last year, Greater China hedge funds added more than 13 percent on average in the first half of 2017 […]

(Reuters) Reuters on Friday lost an appeal against a court ruling that stopped the news agency from publishing a story about British hedge fund firm Brevan Howard Asset Management. Three Court of Appeal judges said that a lower court was […]

(The Business Insider) In the summer of 2015, Penn State’s endowment invested $50 million in Pershing Square Capital, a high-profile hedge fund run by New York City billionaire Bill Ackman. The endowment, one of the largest held by a university, […]

(HITC Business) Jackson Su testified that the “last straw” for him was seeing Shkreli take $10,000 in cash from his drug company’s account, which had just $20,000 in it. To read this article:

(HITC Business) “There’s no doubt that we’re facing a shortage of people,” he said. “But it’s a good opportunity to upgrade.” Barclays is on a hiring spree to boost its investment banking and market operations in Japan, one year after […]

(Opalesque) NewStar Financial, Inc. announced that it has agreed to acquire Fifth Street CLO Management LLC, a wholly-owned subsidiary of Fifth Street Holdings L.P., an affiliate of Fifth Street Asset Management, Inc., a publicly-traded credit-focused asset management firm based in […]

(Harvest) Stocks up, bonds up. Will our current goldilocks scenario hold, or are investors sowing the seeds of future disappointment? Global fixed income portfolio manager Jeff Klingelhofer, CFA, offers his unique take on the current divergence between equity and bond […]

(Harvest) One of the biggest discussions in economic and political circles today is how automation and robotics will affect the labor force, global economies and government budgets. The Trump administration has focused on the labor issue and endeavors to bring […]

(FINalternatives) Sustainability is steadily moving from a niche issue to being front and center in the minds of global alternative investors, according to a new survey by the New York Hedge Fund Roundtable. To read this article:

(FINalternatives) Stellex Capital Management has raised $870 million in capital commitments for its debut middle-market private equity fund, comfortably beating its $750 million target. To read this article: