(FINalternatives) Global financial services giant State Street is launching a new service that will combine the advantages of machine learning technology with the knowledge and experience of human experts. The new service, named the Quantextual Idea Lab, is aimed squarely […]

(Reuters) Hedge funds have trimmed bets on a fall in shares of Clariant (CLN.S), just as activist investor Corvex increases pressure on the Swiss chemicals company to ditch a $20 billion M&A deal with rival Huntsman (HUN.N). The hedge funds’ […]

(Bloomberg) Ever since Barclays Plc ousted Antony Jenkins as chief executive officer in 2015, he has been warning the banking industry to embrace new technology or face a “Kodak moment” of obsolescence. Now Jenkins has the opportunity to practice what […]

(Reuters) Trading volume for emerging market debt fell in the second quarter of 2017 to $1.132 trillion, a survey released on Tuesday showed, a 14 percent decrease from the first quarter and 17 percent lower than in the April-June period […]

(Bloomberg) In our last episode of “Mick McGuire: Activist Investor,” our hero was flying high. It was early June, and the young hedge-fund manager, who earlier in his career had played Robin to Bill Ackman’s Batman, 1 had made a […]

(Reuters) Harvard University, which has been retooling the way it invests its $37.1 billion endowment, reported an investment gain on Tuesday but its investment chief called it “disappointing” and said it will take time to improve results. The Ivy League […]

(Reuters) Elliott, the activist hedge fund founded by Paul Singer, has strategic goals for German generic drugmaker Stada (STAGn.DE) but will not press for boardroom changes, Stada said. “The prevalent aim of the investment is implementing strategic objectives where the […]

(The Business Insider) Hedge fund giant Citadel has hired three staffers in its build out a fresh investment unit. To read this article:

(The Business Insider) Goldman Sachs has a plan. The US investment bank, which has been under pressure over its misfiring bond trading business, on Tuesday set out a strategy to generate an additional $1 billion plus in fixed income, currencies […]

(The Business Insider) A fleet of Evgeny “Gene” Freidman’s foreclosed taxi medallions sold on Monday in a closed-door auction taking place in a Queens, New York hotel….The individual bidders behind buyer MGPE Inc. are not identified in court filings but […]

(CNBC) David Stemerman is winding down his hedge fund firm to explore a run for governor of Connecticut, according to a letter sent to clients of Conatus Capital Management LP on Tuesday. “Connecticut – home to my family and business […]

(Harvest) Since the lows of the global financial crisis in March 2009, U.S. stocks (proxied by the S&P 500) have returned 270%, or 16.8% annualized, outpacing every other major market over that period. Contributing to that outperformance were highly differentiated […]