(Hedgeweek) Fiera Capital Corporation is to acquire Clearwater Capital Partners (Clearwater), an Asia-focused credit and special situations investment firm. To read this article:

(Reuters) Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor William Ackman from making a tender offer himself. In January, […]

(Reuters) U.S. fund manager Federated Investors (FII.N) has entered exclusive talks with Hermes Investment Management about buying a controlling stake in Hermes, sources familiar with the matter said on Thursday. Hermes, which manages 33 billion pounds ($45.35 billion) in assets, […]

(Bloomberg) Billionaire hedge fund manager Ken Griffin has made a habit of pouncing on other firms’ distress to seize — or in some cases, save — top talent. He can also be unforgiving when it comes to his own business…..About […]

(Bloomberg) The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. To read this article:

(Bloomberg) For Steve Schwarzman, it was a very good year. The Blackstone Group LP co-founder received $786.5 million for 2017, his biggest take-home ever, according to calculations based on the firm’s annual report filed March 1. His stake in New […]

(Bloomberg) The U.S. Department of Treasury and the Internal Revenue Service issued guidance seeking to close a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. The guidance informs taxpayers that regulations […]

(Bloomberg) David Einhorn’s main hedge fund at Greenlight Capital fell 6.2 percent in February, extending losses to 12.3 percent this year, according to a client update seen by Bloomberg. The S&P 500 Index lost 3.7 percent in February including reinvested […]

(Reuters) Six years ago, billionaire investor William Ackman wagered $1 billion that Herbalife’s stock price would tumble to zero after publicly calling the nutrition company a fraud in a three-hour presentation before investors, analysts and the media. On Wednesday there […]

(Bloomberg) Italian bond spreads could blow out to levels not seen in five years should a euroskeptic alliance come to power. Though analysts are only assigning a 10 percent chance to the possibility of such a coalition dominated by the […]

(Bloomberg) Asian stocks started March on a weak footing after U.S. shares tumbled in afternoon trading Wednesday. Treasuries and the dollar steadied as traders awaited a second appearance from Federal Reserve Chairman Jerome Powell, whose comments riled markets earlier this […]

(Forbes) Artificial intelligence technology is turning around semiconductor giant Intel INTC -1.26% after a fifteen year stretch of underperformance and it could help Twitter TWTR +1.72% become a $100 billion-to-$200 billion company within the next decade, according to top performing […]