(Opalesque) The world’s largest listed hedge fund manager, Man Group, raised its dividend by 8 percent as funds under management marked a record high for the firm. Funds hit $123.6bn under management from $117.7 billion the year before, as alternative […]

(CNBC) Hedge fund founder Thomas Sandell on Tuesday paid a whopping $105 million to settle claims that he fraudulently evaded New York city and state taxes on more than $450 million on fees he earned, officials said. The settlement — […]

(CNBC) The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms. Manufacturing data Monday showed the sector at its highest growth level since […]

(Reuters) Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said. To read this article:

(Reuters) Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out its clients’ shares to short sellers as it expands its business. The […]

(Reuters) AstraZeneca sold its stake in rival COVID-19 vaccine maker Moderna for roughly $1 billion over the course of last year as the Anglo-Swedish drugmaker cashed in on the meteoric rise in the U.S. company’s shares. To read this article:

(Opalesque) 77% of secondaries fund managers expect to see a strong resurgence of deal flow over the next 12 months, according to a new survey from Investec. Respondents noted that while the pandemic has lasted longer than many anticipated, transaction […]

(Opalesque) Hedge funds started 2021 strongly outperforming the global equity market amidst the turbulence in retail trading resulting in a risk-off environment, said Eurekahedge. Hedge fund managers returned 1.00% in January 2021, outperforming the global equity market as measured by […]

(Reuters) Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from last year despite the impact of the COVID-19 pandemic, regulatory […]

(Hedgeweek) With the shape of the post-pandemic recovery still in flux, London-based quantitative hedge fund firm Aspect Capital believes its computer-driven global macro strategy is well positioned to capitalise on both short-term market dislocations and medium-term trends this year, as […]

(Reuters) Supply chain finance firm Greensill Capital could file for insolvency within days, the Wall Street Journal reported on Monday, after Credit Suisse earlier said it had suspended $10 billion of funds that backed the London-based company’s lending operations. To […]

(Reuters) Hedge funds have reduced their position in petroleum futures and options for the first time in 16 weeks, the first weekly net sales since the first successful coronavirus vaccine trials were announced in early November. To read this article: