(Reuters) A San Francisco investment fund manager pleaded guilty on Thursday to conspiring to defraud investors by fabricating an impressive investing track record, New York federal prosecutors announced. Nicholas Mitsakos, who ran a fund called Matrix Capital Markets, pleaded guilty […]

(Bloomberg) The rules of insider trading are complicated. You might think it’s as simple as “don’t trade on nonpublic information you got from an insider,” but it isn’t. There are strange and subtle rules about how you can get that […]

(The Business Insider) Billionaire Paul Singer’s Elliott Management says we might be in for a recession if the Trump administration doesn’t pass reforms in taxes, regulation and health care. Trump took office with a plan to cut taxes, cut back […]

(Seeking Alpha) Several recent articles, such as this one from Seeking Alpha, note that individual retail investors appear to be benefiting from the trend of using ETFs in more portfolio applications. According to Seeking Alpha, assets in ETFs exceed the […]

(Bloomberg) As the biggest earthquake ever recorded in Japan rocked the Roppongi Hills skyscraper in central Tokyo, Makoto Yamada put on his helmet, dropped to his knees, and traded. “We had an option to leave, but we couldn’t leave the […]

(The Business Insider) Billionaire Paul Singer’s Elliott Management, which raised $5 billion in less than 24 hours earlier this month, says it has been building up its cash reserve to deploy during future market turmoil. The hedge fund has been […]

(FINalternatives) Hedge funds reported their sixth consecutive month of returns in April, according to data from Greenwich Alternative Investments, booking a composite return of +0.59% during the month and bringing its YTD tally to +2.90%. To read this article:

(Harvest) There has been a preference for large managers within the managed futures space as measured by money flows, but it comes at a cost. Looking at year to date performance from the CTA Intelligence performance database shows the differences […]

(Reuters) A Washington, D.C., political consultant, a federal employee and three others have been charged with using confidential information from within a U.S. health agency to engage in an insider trading scheme. Federal prosecutors on Wednesday unsealed an indictment in […]

(FINalternatives) Interest among direct lending investors is increasingly focused on opportunities in the lower middle market, according to a new survey from Preqin and structured finance specialist NXT Capital, as assets in the fast-growing alternative credit segment approach $100 billion. […]

(HITC) No more battles for talent. Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing down from the expensive recruitment wars, following similar steps taken earlier this month by competitor Bank of America […]

(Bloomberg) Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustling Tin Hau neighborhood. It was akin to choosing Queens over Manhattan in New York […]