(Citywire) Artificial intelligence (AI) will gradually become more important for hedge fund firms over the next decade, but they will never fully replace humans. AI, for example, is particularly important in short-term trading. To stay competitive, systematic investors and hedge […]

(Hedge Fund Law Report) Consistent with its oft-repeated goal of protecting retail investors, the SEC recently settled three enforcement actions against investment advisers who allegedly failed to make adequate disclosures concerning their conflicts of interest in selecting mutual fund share […]

(New York Post) Eddie Lampert took $57.5 million from Sears — and the retailer wants its money back. The secretive billionaire’s hedge fund ESL Investments, which led the iconic retail chain into Chapter 11 last fall, helped itself to tens […]

(CNBC)U.K. lawmakers have rejected the idea of leaving the European Union without a Brexit deal in place, setting up another vote Thursday on whether its official departure date should be extended. To read this article:

(CNBC) Hertz Global Holdings stock plummeted Tuesday after longtime activist investor Carl Icahn disclosed he has trimmed his stake, selling off roughly five million shares. In a regulatory filing late Monday, Icahn reported ownership of 24.3 million shares of the […]

(Dealbreaker) Federal Prosecutors unveiled the charges related to an investigation they are calling “Operation Varsity Blues,” and more than 50 people are in pretty deep trouble for a systematic scheme of bribing their children into college using fake records and […]

(Bloomberg) When it comes to slicing and dicing equities based on their factors, the strategy beloved by quants is exhibiting symptoms of sickness. The challenge is diagnosing how serious it is. This month, Neuberger Berman will become the latest big […]

(CNBC) One fund is going a step further in the race to zero-fee ETFs by paying investors to put money into its new exchange traded fund. Salt Financial filed with the Securities and Exchange Commission on Tuesday to introduce an […]

(Dealbreaker) We’ve been waiting for this moment for all our lives…or at least since the summer of 2017.And it’s finally here. Someone is finally looking to legally connect the strings between Donald Trump’s money mysteries and Deutsche Bank. The New […]

(Opalesque) The alpha generated by hedge funds, and more generally by active managers, is influenced by multiple factors, pointed out Lyxor in its Weekly Brief.Some factors are cyclicals and reflect macro and markets dynamics. Others are more structural in nature, […]

(Hedgeweek) The exhausting momentum of the year-to-date rally, ECB’s downward revisions of its economic forecasts and frictions in US-China trade negotiations sent markets in the red this week, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. […]

(Reuters) Hedge fund firm City Financial has agreed to transfer two funds, which run a total of $332 million in assets, to Garraway Capital Management, a source familiar with the matter told Reuters on Monday. City Financial had completed a […]