Guardian – Goldman Sachs has reached an out-of-court settlement in London with a female vice president who alleged the Wall Street bank owed her millions in unpaid bonuses and discriminated against her after she revealed she was pregnant. Goldman Sachs […]

The email that ruined Tony Menendez’s life arrived on a warm and sunny February afternoon in 2006. Menendez is, by nature, precise and logical, but his first instinct was somewhat irrational. He got up to close the door to his […]

The Guardian – A financial trader who played the world’s futures markets from a small suburban house in Hounslow, west London, has been arrested and faces extradition to the US after supposedly making $40m (£27m) for his alleged role in […]

Reuters – Man Group has expanded the range of computer-driven AHL funds, boosting its product offering in an unit that helped the world’s biggest listed hedge fund firm post its highest profit in five years in 2014. The firm manages […]

Vanity Fair – Sensing dissatisfaction from the left wing of the party, Democrats aligned with Hillary Clinton are mounting an extensive effort to burnish the presidential candidate’s populist bona fides—an effort slightly complicated by the fact that two of the first […]

Reuters – Investor requests to take out cash from hedge funds dropped in April from the month before, data from fund administrator SS&C Technologies showed on Tuesday. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal requests expressed as […]

WSJ – Singapore-based Dymon Asia Capital Ltd. ended the first quarter with a sharp decline in its largest hedge fund, a bruising performance for one of Asia’s biggest managers but also a quick turnaround from heavy losses suffered earlier in […]

Bloomberg – Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline. Chan said he trimmed his fund’s […]

Biz Journals – Dave Coolidge, one of Houston’s most well-known hedge fund managers, has retired at the age of 49 from his natural gas hedge fund, Velite Benchmark Capital Management LP, only nine years after the fund’s debut. Assuming Coolidge’s […]

MarketWatch – Billionaire hedge-fund manager David Einhorn had harsh words for General Electric Co. GE, -0.84% in his first-quarter letter, calling the company’s decision earlier this month to largely shed its finance arm a victory for proponents of the Dodd-Frank […]

Reuters – Goldbridge Capital Partners, the hedge fund manager founded by two former BlueBay Asset Management veterans, has shut, one of its key investors said on Monday, following losses in its fixed income hedge fund last year. Goldbridge, launched in […]

AFR – Macquarie Group plans to start a quantitative hedge fund this year that will invest in stocks listed in the United States, Canada, Brazil, Chile and Mexico, according to sources. The fund will trade stocks in the Russell 2000 […]