(Marketwatch) Blackstone Group acquired a minority stake in debt investment manager Marathon Asset Management LP. New York firm Blackstone invested in Marathon, which holds about $12.8 billion in assets under management, from its Blackstone Strategic Capital Holdings LP fund… To […]

(Daily Alts) Market Neutral Funds The Best and Worst of MayMarket neutral mutual funds and ETFs bounced back in May, gaining an average of 0.12% after losing 0.62% in April. Of the category’s 61 funds, only 21 posted losses in […]

(Bloomberg) European stocks tumbled, poised for their biggest plunge in decades, after the U.K. voted to leave the European Union, putting an end to investor optimism that pushed equities up for five straight days. The Stoxx Europe 600 Index sank […]

(Bloomberg) Mark Carney said the Bank of England is ready to pump billions of pounds into the financial system as he stands at the front line of Britain’s defense against a Brexit-provoked market crisis. The BOE governor declared that the […]

(Bloomberg) Investors should turn toward havens like bonds and away from stocks as markets sort through the repercussions of the U.K. referendum to exit the European Union, according to money managers Bill Gross and Dan Ivascyn. “Obviously safe-haven bonds instead […]

(Reuters) Asian currency, bond and equity traders kicked off an early day of choppy trading as a British vote to leave the European Union sent shivers across trading floors, having kept many investors glued to their television screens. Trading desks […]

(Bloomberg) Rune Madsen is having a pretty good week. His Runestone Capital Fund has managed to avoid losses even as global markets slipped into spasm after U.K. voters opted out of the European Union. The $10 million volatility hedge fund […]

(Reuters) Federal prosecutors in Manhattan are pursuing insider trading cases on a pace not seen since 2012 – before a major appellate ruling limited their ability to bring charges against hedge fund managers and other traders. So far this year, […]

(Daily Alts) ALPS and RiverFront Partner to Launch Nontraditional Bond ETFThe first nine days of June saw no launches of new alternative mutual funds or ETFs, but on June 10, a pair of new liquid alts debuted. One of them […]

(Bloomberg) Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until the end of the month, after which the firm’s […]

(Evening Standard) A UK hedge fund has won a high-stakes boardroom battle at boutique hotels chain NH Hotels after shareholders voted to boot out the chairman and three other members. Mayfair-based Oceanwood Capital led an activist campaign against the four, […]

(Bloomberg) Platinum Partners’ offices were raided by federal agents looking into the hedge fund’s operations after a manager at the firm was charged this month with bribing a union chief, according to a person familiar with the matter. The raid […]