(CNN) Investor and philanthropist George Soros has moved $18 billion to his foundation — the majority of his estimated $24.6 billion fortune….The Open Society Foundations, which seeks to promote democracy around the globe, confirmed the massive donation on Tuesday. A […]

(City A.M) Fintech startups in the UK are on track to attract a record amount of investment in 2017 new figures reveal, bucking concerns that Brexit could derail the star sector. More than $1bn (£760m) has already been ploughed into […]

(Seeking Alpha) Over a year after Perry Capital announced it was closing, it has now filed a petition for a writ of certiorari to the Supreme Court of the United States….Perry Capital has liquidated and returned most of its money […]

(FINalternatives) Hedge funds have maintaining positive momentum through mid-October as global financial markets remain strong and global interest rates largely tread water, according to a flash update from Hedge Fund Research. To read this article:

(Reuters) Hedge funds that trade cryptocurrencies reached over 100 for the first time, according to new data from fintech research house Autonomous NEXT, of which more than three-quarters launched in 2017. A rise from 55 funds at Aug. 29 to […]

(Bloomberg) Glen Point Capital, a $2.3 billion hedge fund that invests money for billionaire George Soros and other clients, surged 22.7 percent through September this year, according to a person with knowledge of the matter. To read this article:

(The Business Insider) Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday. “We […]

(Reuters) Deutsche Bank (DBKGn.DE) has asked banks to pitch for work on an initial public offering (IPO) of its asset management business that could raise around 2 billion euros (£1.7 billion), two people close to the matter said on Tuesday. […]

(FINalternatives) Crowd-sourced quantitative investment algorithm platform Quantopian has announced its membership has grown to more 160,000 members from more than 190 nations. Backed by the likes of Steven Cohen and famed VC fund Andreessen Horowitz, Quantopian’s unique platform allows authors […]

(Bloomberg) Betting against the short-sellers helped Gloria Lu’s fledgling hedge fund establish itself among Asia’s biggest stars of 2017…. To read this article:

(Seeking Alpha) Over a year after Perry Capital announced it was closing, it has now filed a petition for a writ of certiorari to the Supreme Court of the United States….Perry Capital has liquidated and returned most of its money […]

(FINalternatives) London-based asset manager Heptagon Capital has partnered with long/short equity specialist Kettle Hill to launch its first UCITS-compliant fund. To read this article: