(Reuters) Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial forays into shipping stocks […]

(Citywire) JP Morgan Asset Management has lost a second manager in two days, announcing the departure of Antony Vallee….Vallee, who ran the JP Morgan Global Convertibles Income Fund, left the company to pursue other opportunities. To read this article:

(Harvest) This is not a new phenomenon. Just five years ago, at the end of 2012, investors warily eyed the S&P 500 as it finished the year up 16%. This was its third year of double-digit returns since the Global […]

(Harvest) Ending a near cataclysmic slide from roughly $1,250 in November 2013 to $175 in January 2015, bitcoin’s price stabilized around its 200-week moving average for the next nine months, as shown by the green line below. At that time, […]

(Bloomberg) With volatility back on the radar, one of the Nordic region’s biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio. Mikko Mursula, the chief investment officer of Ilmarinen Mutual Pension Insurance […]

(Bloomberg) The comeback billionaire Dan Och hoped for during his last year running his hedge fund firm never arrived.Och-Ziff Capital Management Group LLC saw $7.6 billion in client withdrawals last year despite posting the best performance in his flagship hedge […]

(The Business Insider) When Sean Stiefel told his dad two years ago he was going to invest in an Uruguayan cannabis company after getting pitched on the deal by a broker, the reaction was laughter.But that bet paid off in […]

(The Business Insider) Hedge funds are expected to pull in $41 billion in new cash this year, with event-driven, fundamental equity long-short fund and volatility funds the most in-demand strategies, according to a Deutsche Bank survey. The hedge fund clients […]

(New York Times) U.S. Bancorp, based in Minneapolis, has long had a reputation for being one of the best-run large regional banks in the country. But because the bank’s anti-money laundering controls were inadequate, it failed to spot and investigate […]

(The Business Insider) Hedge funds are swarming to take advantage of a loophole in the new tax law, but the Trump administration is attempting to close the loophole.The Republican-led law imposes changes to the carried interest loophole, which allows money […]

(The Business Insider) Their destinations are not known. A spokesman for PDT Partners declined to comment.PDT was founded by Pete Muller, a quirky math whiz known for his love of music. After a long sting at Morgan Stanley in the […]

(The Business Insider) Wall Street investors were so convinced that Hunter Harrison could turn around railroad CSX Corp that the company lost $4 billion in market value when the former CEO took a medical leave in December and died only […]