Monthly Archives: November 2019

(Bloomberg) Alan Howard, whose hedge fund once managed $40 billion, is betting his time is better spent trading rather than running his firm. Howard, 56, is relinquishing the role of chief executive officer at his Brevan Howard Asset Management, passing […]

(Reuters) – Marathon Petroleum Corp (MPC.N) chief Gary Heminger will leave next year, the largest U.S. independent refiner said on Thursday, adding it would launch a sweeping restructuring demanded by activist investors, including the spinoff of retail operations. The changes […]

(Hedgeweek) The State Street Global Investor Confidence Index decreased to 82.7 in November, down 1.7 points from October’s revised reading of 84.4. To read this article:

(Bloomberg) Gruss Capital Management, a hedge fund that traces its roots to pioneers of corporate merger bets, is closing after almost two decades as it struggles to make money, according to people familiar with the matter. The New York-based firm […]

(Risk.net) As many as 20 buy-side firms could become subject to the derivatives market’s new margining regime next year, in the next phase of its roll-out. Five of the largest hedge funds – BlueCrest Capital Management, Capula Investment Management, Citadel, […]

(Bloomberg) Cyrus Capital Partners and a hedge fund run by Sears Holdings Corp. Chairman Eddie Lampert are preparing a potential joint takeover bid that would keep the bankrupt chain alive, according to people with knowledge of the matter. The prospective […]

(Bloomberg) Deutsche’s management changes have yet to run their course. Germany’s largest lender is replacing senior execs in the U.S. and is considering changing staff who tend its relationships with regulators… The moves come on the heels of strong cuts […]

(Bloomberg) Equity derivatives not showing demand for downside protection To read this article:

(Bloomberg) This is turning out to be a year most hedge fund managers would prefer to forget, with the asset class on track for its worst performance in seven years. And if it fails to prove its mettle in what […]

(Hedgeweek) Technology risk cannot be underestimated, especially in today’s regulatory environment where GDPR rules place a heavy burden on securely protecting and storing personal data. Yet establishing a technology risk framework tends not to be a top priority for some […]

(Opalesque) The Standards Board for Alternative Investments (SBAI) has increased its presence in North America with new North American Committee members. The new members include Bradley Belt, Vice Chairman of Orchard Global Asset Management, Marcus Frampton, CIO of Alaska Permanent […]