(Reuters) Greenlight Capital, which has been pressuring General Motors Co to restructure its share class, said on Tuesday it believed the automaker’s shareholders will vote in their best financial interests and support the hedge fund’s two-class stock proposal and nominees […]

Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless […]

(Reuters) Startup electronic fixed income trading platform OpenDoor Securities said it would hold its first auction on Tuesday, with the aim of improving liquidity in hard-to-trade areas of the $13.8 trillion U.S. Treasury securities market. The platform will offer “all-to-all” […]

(Reuters) The billionaire Steven A. Cohen must again face a lawsuit accusing him and his former firm SAC Capital Advisors LP of conspiring with other hedge funds to spread false rumors about Fairfax Financial Holdings Ltd FFX.TO to drive down […]

(FINalternatives) Alternative assets under administration jumped more than 14% last year to reach $7.64 trillion, according to the 17th edition of eVestment’s annual Alternative Fund Administrator survey. To read this article:

(FINalternatives) Private equity secondaries firms attracted a record level of investor capital in Q1 2017, according to new data from Preqin, as six funds raised $14 billion – surpassing the sector’s previous all-time high of $13 billion reached in Q4 […]

(Reuters) Assets managed by the largest hedge funds slipped last year, marking the first calendar year decline since the financial crisis, according to a new survey by data and news provider Hedge Fund Intelligence.The twice-annual Billion Dollar Club report, released […]

(Valuewalk) The goal is to build a portfolio that can weather any scenario, no matter what the factors are. That’s the message Ray Dalio recently shared with Business Insider when explaining how he would tell investors to position their money […]

(Bloomberg) Ken Griffin, the billionaire founder of hedge fund firm Citadel LLC, will make a $15 million donation to the Robin Hood Foundation, a New York City poverty-fighting group that named a new chief executive officer this week… To read […]

(Bloomberg) A group of upstarts is seizing on new European Union rules to shake up banks’ matchmaking role between investors and corporate executives. As investors prepare for EU regulations that will force them to pay for research products a la […]

(Reuters)U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on […]

(FINalternatives) The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, declined -0.30% through April 21, according to a flash update from Hedge Fund Research. To read this article: