(Reuters) Allergan Plc (AGN.N) said on Thursday former Abbott Laboratories (ABT.N) executive Thomas Freyman will join its board, a week after two of its shareholders criticized the drugmaker’s acquisition strategy and board composition. To read this article:

(Reuters) Investors continue to reduce their bullish position in crude oil futures and options, after a blistering rally over the last year, but now the profit-taking has spread to refined fuels such as gasoline and heating oil. Hedge funds and […]

(Reuters) Influential proxy-advisory firm Glass Lewis & Co recommended that Natus Medical Incorporated shareholders remove two company nominated directors and replace them with hedge fund Voce Capital Management’s nominees. Glass Lewis & Co’s recommendation, released to clients late on Tuesday […]

(City A.M) Hedge fund manager and Conservative party donor Crispin Odey has opened fire on the chief executive and chairman of Tungsten Corporation, demanding that they be kicked off the board. As one of the largest shareholders in Tungsten, Odey […]

(Opalesque) TSW, one of the nation’s leading value-oriented investment managers, today announced the next steps of a planned succession process initiated in 2014 to ensure a seamless leadership transition that positions the firm for continued growth and stability. Frank Reichel, […]

(Opalesque) The Bahamas have long been a destination for high net worth individuals seeking to manage their wealth offshore. Now as the Commonwealth looks toward expanding its role in the investment industry, the concentration of private wealth already on the […]

(Reuters) The marriage of politics and finance in Italy regularly produces strange offspring. But a suggestion, floated over the weekend in the country’s most-respected newspaper, of a James Bond-style plot by some big investors to sink Italian financial markets added […]

(Dealbreaker) Steve Cohen isn’t exactly known for playing nice with those who cross him in court. Preet Bharara, Prem Watsa and his ex-wife all know what we’re talking about. Laura Bonner, however, does not. This is surprising, as Bonner is […]

(Harvest) Statistical analysis and probability theory have long focused on the problem of trying to detect turning points in financial markets. If changes in the distribution of potential outcomes can be discovered, money managers can react ahead of potential market […]

(Opalesque) On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act. While much of the Act was designed to provide smaller financial institutions and community banks with relief from regulations implemented under […]

(Harvest) As we kick off the historically positive summer months for the muni market, investors could see higher returns — but may have a hard time finding bonds. The passage of Memorial Day has officially ushered in summer: the season […]

(Hedgeweek) Hedge Funds were up 0.90 per cent in May according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 2.41 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is […]