(Reuters) U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund’s chief investment officer to its board on Monday. Edward Garden will replace Robert Lane, […]

(FINalternatives) The flagship hedge fund at Alan Howard’s London-based alternative investment manager Brevan Howard reportedly lost -0.9% in September, notching its sixth drop so far this year and pulling its year-to-date performance to -4.6%. To read this article:

(FINalternatives) Dr. Martin Coward’s quantitative investment manager dormouse has extended its winning streak into September despite broader weakness in the CTA space during the month. To read this article:

(The Business Insider) A hedge fund run by the scion of New York real estate dynasty is returning money to outside investors amid poor performance, according to documents seen by Business Insider. The fund is O-Cap Management, a small New […]

(Reuters) Honeywell International Inc (HON.N) plans to spin off non-core assets and create at least two new publicly listed companies, as the U.S. industrial conglomerate seeks to streamline its business, according to people familiar with the matter. The move would […]

(CNBC) Buying bank stocks two months before a December rate hikeworked every time since 1990, as investors consistently bet on the industry to get a year-end profit boost from the Federal Reserve’s move, history shows. After the strong wage growth […]

(CNBC) Sears Holdings, owner of Sears and Kmart stores, will receive a nice chunk of change from its chief executive, Eddie Lampert, ahead of the holiday shopping season. According to a Thursday 8-K filing with the Securities and Exchange Commission, […]

(Opalesque) In the week ending 06 October, 2017, in 153 FinTech Initial Coin Offerings, hedge funds are seen as main contributors to these ICOs with Blockchain named as the top hedge funds investing into ICOs. 153 projects were able to […]

(The Business Insider) The cryptocurrency market has exploded this year with over 1,000 digital currencies now on the market. The price of bitcoin, the first and largest cryptocurrency, has captured the most attention, with Wall Street CEOs from JPMorgan’s Jamie […]

(Business-Standard) Hedge fund manager Kyle Bass just took sides in the raging battle over the viability of the cryptocurrency market…Calling many of the dozens of initial coin offerings that have taken place this year “frauds,” the Hayman Capital Management founder […]

(Telegraph) Britain’s largest rent-to-own retailer Brighthouse could soon be parting from its private equity owner as a consortium of bondholders gets closer to tabling a deal. The chain, which rents out household items such as fridges and vacuum cleaners through […]

(Opalesque) Everyone has AI on their 2017/2018 roadmap these days. Bottom-tier innovation verticals like HR, multi-level marketing, entertainment, fashion, medical, supply chain (anyone else we should throw under the bus?) are even starting to talk about it. Everyone wants to […]