Christian Zugel enjoys high speeds more than most people. A native of Stuttgart, Germany, home to Porsche and Mercedes, the 52-year old fell in love with cars at an early age and today races on the amateur-motor circuit at tracks like ...
Morgan Stanley interest rates trader David Adams is leaving the bank to take a position with hedge fund giant Brevan Howard, according to people familiar with the matter.
SAN FRANCISCO (MarketWatch) — Hedge funds don't beat around the bush. These specialized portfolios are the darlings of the investment world, attracting top managers, institutions, pensions and wealthy individuals to their fold. The business ...
LONDON—U.K.-listed hedge fund operator Man Group PLC said it will acquire Financial Risk Management Holdings, a hedge fund research and investment specialist that it said will make it less reliant on its underperforming AHL computer-based ...
NEW YORK—A Goldman Sachs Group Inc. director told jurors at the insider-trading trial of ex-Goldman board member Rajat Gupta that he believed discussions by the investment bank's board in June 2008 about possibly acquiring an insurance ...
Of all the elite financial circles, hedge-fund titans may be the most exclusive—and some of the most tight-lipped when it comes to talking to the press.
SAN FRANCISCO (MarketWatch) — In its proxy war against Yahoo Inc., Third Point LLC argued that the company is “about so much more than its valuable asset portfolio,” while stressing the need for a “comprehensive strategic plan” for the ...
BOSTON (MarketWatch) — The one thing that might have allowed convicted felon Bernie Madoff to run his phony hedge-fund business even longer in the face of an eroding stock market is successful advertising.
Winners & Losers for the week that was in business and deals, Deal Journal's weekly look back and grading system of some of the biggest stories: The Facebook Edition.
Philip Falcone, the hedge-fund manager who staked his fortune and reputation on an all-in bet on wireless telecommunications, may be losing his grip on both.
Hedge funds have emerged as a force in New York state politics in the past seven years, funneling tens of millions of dollars to political parties, pet causes and candidates from both major parties, according to a report set to be released ...
March Hedge Funds: Best, Worst, Biggest Will John Paulson rent a billboard on I-95 promoting his $14 billion hedge fund? Is there a George Soros World Cup in the offing? Probably not. But there are a lot of people in the hedge-fund industry ...
Distressed-debt investors, among them Paulson & Co. and David Tepper's Appaloosa Management LP, stand to recover up to 100 cents on the dollar plus interest under Residential Capital's proposed plan to sell its assets to parent Ally ...
David Einhorn, Jeff Gundlach and other prominent hedge-fund managers took center stage at New York's Lincoln Center for the Performing Arts to share their investment ideas—and investors wasted little time acting on what they said.
For those high school and college students who won't spend the next few months backpacking around Asia, completing a research project in the Antarctic, or interning at their uncle's hedge fund, the summer may hold the following words: ...
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