(Bloomberg) Steve Cohen’s Point72 Asset Management has discussed with clients the possibility of raising a venture fund at the same time he’s predicting lackluster returns for hedge funds. Cohen, who made his $10 billion fortune running a hedge fund, spent […]

(Bloomberg) Edward Lampert isn’t done with Sears yet. Neither are Sears’s enemies on Wall Street. Six weeks after the storied department store chain filed for bankruptcy, Lampert is maneuvering to salvage what he can from the worst investment of his […]

(Barron’s) The decision to liquidate Toys “R” Us came as a surprise to Sarah Woodhams. She was pregnant and trying to buy a new house, and thought her job at the ailing toy retailer was secure enough. The company had […]

(Risk.net) BlueCrest, Capula, Citadel, Millennium and Rokos expected to be in scope for next phase of margin rules. To read this article:

(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 […]