(Opalesque) Global economic growth in recent years has been fairly stable at a level clearly below that of expansion periods before the global financial crisis, when both nominal and real growth were substantially higher on average. Today, growth is better-positioned […]

(FINalternatives) A New York area hedge fund manager has been accused of running a Ponzi scheme that defrauded investors out of some $19 million and used investor capital to pay for a “lavish” lifestyle that included club memberships and a […]

(The Business Insider) My how the tide has turned for tech stocks. Until recently, the industry was viewed as the indispensable driver of the equity market. Companies like the so-called FANG group — which includes Facebook, Amazon, Netflix and Google […]

(Bloomberg) First, Davidson Kempner Capital Management turned up the heat in its legal dispute with one of India’s wealthiest families by seizing a private jet. Now, the New York hedge fund has set its sights on something else many billionaires […]

(Dallas News) Wall Street hedge-fund manager David Einhorn thinks his forest green Tesla is a nifty car to drive, but he believes General Motors is a much better stock to buy. The billionaire founder of Greenlight Capital was in Dallas […]

(CNBC) Highland Capital co-founder Mark Okada told CNBC he’s happy to have avoided investing in Puerto Rico thus far, but now he may be taking a second glance… To read this article:

(FINalternatives) Global fund operations specialist SEI has named former Russell Investments executive and veteran David Hintz as U.S. equity portfolio manager as the firm deepens its investment resources and expertise. To read this article:

(FINalternatives) Hedge funds remained broadly in the plus column in September as global financial markets gained and U.S. bond yields rose, according to new data from Hedge Fund Research, although CTAs faced renewed pressure. To read this article:

(Reuters) Baupost Group, one of the world’s biggest hedge funds, owns nearly $1 billion in Puerto Rican sales tax debt, a spokeswoman confirmed on Wednesday as the island’s debt tumbled in the wake of suggestions from President Donald Trump that […]

(CNBC) Greg Fleming, who has made a name as one of Wall Street’s most well-known investment bankers and executives, will be leading a new firm. Fleming, the former head of Morgan Stanley Wealth and Asset Management, is teaming up with […]

(FINalternatives) The booming market for global private credit shows no signs of letting up, according to research from AIMA’s Alternative Credit Council, and is expected to crest $1 trillion in size by 2020. To read this article:

(Reuters) Hedge fund Marcato Capital Management, which owns nearly 6 percent of Deckers Outdoor Corp , said shares in the maker of UGG boots could more than double by 2020 if it sells off pieces of its footwear business, buys […]