(Bloomberg)Automation and new technology are replacing thousands of workers at banks and asset managers around the world, just as consolidation — including Deutsche Bank AG’s proposed merger with Commerzbank AG — puts thousands more jobs at risk. The pressure on […]

(Plan Sponsor) In recent years, hedge funds have not assumed sufficient risk to deliver attractive performance, but Willis Towers Watson suggests new approaches they can take to remain relevant. Given the sustained equity bull market and muted market volatility, the […]

(Bloomberg) Another Euribor trial is done and leaves a mix of results. Two former Barclays Plc traders were convicted, and another acquitted of conspiring to rig Euribor, the interest rate benchmark behind trillions of dollars worth of securities. A London […]

(Bloomberg) California Governor Gavin Newsom urged bankrupt power giant PG&E Corp. to reconsider its picks for a board overhaul, saying the company is about to appoint hedge fund financiers and others who have little or no experience in California or […]

(Opalesque) Fund assets under management in Cayman are rising and delegates at the recent Opalesque Cayman Roundtable suggest that Brexit could be a positive for the local investment funds industry.According to the recently released Investments Statistical Digest from CIMA, there […]

(Reuters) – U.S. healthcare plan and pharmacy benefits manager Magellan Health Inc is nearing an agreement with Starboard Value LP to expand the size of its board by several seats, including a representative from the activist hedge fund, three sources […]

(Hedgeweek) The performance of every hedge fund strategy and sub-strategy was in positive territory last week (12-19 March), with Special Situation and Global Macro strategies outperforming, up +0.8 per cent, according to the latest Weekly Brief from Lyxor’s Cross Asset […]

(Opalesque) Worldwide investment fund assets fell 5.7% to EUR43.99tn in the last quarter of 2018 as volatility in financial markets rose.According to the European Fund and Asset Management Association’s (EFAMA) latest quarterly statistical report, global fund assets, in US dollar […]

(Bloomberg) Amber Capital is so bullish on Greece that it only wishes there were more stocks it could buy.“I’m super optimistic about the Greek economy,” Joseph Oughourlian, who founded the $1.8 billion asset manager in 2005, said in an interview […]

(Bloomberg) There’s nothing new-fangled about bauxite mining in Jamaica.The railcars that shuttle thousands of tons of ore from the hills to Discovery Bay on the island’s picturesque north coast are the very same ones used by the once-giant American company […]

(Bloomberg) One of Asia’s best known hedge-fund managers is returning investors’ money and turning his firm into a family office, according to people familiar with the matter. Morgan Sze, who launched Azentus Capital Management Ltd. in 2011, has so far […]

(Bloomberg) The stock market’s near-historic gulf between the priciest and cheapest stocks creates the opportunity of a decade for investors, according to a portfolio manager at the Julius Baer Group Ltd.-controlled Kairos Investment Management Ltd. Even as this year’s rally […]