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Hedge Fund Traders Have Been Having Legal Troubles This Year
Monday, August 15, 2016 - 1:34pm | 291Read More...It is not an unusual thing for fund managers or traders of hedge funds to get caught up in insider trading. However, the same cannot be said for instances outside the purview of the SEC. In the current quarter, there have been at least three legal incidents involving hedge fund traders/managers...
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Investors to Receive $2 Billion Back From Bacon's Macro Fund
Thursday, August 2, 2012 - 11:21am | 453Read More...Prominent head of Moore Capital Management Louis Bacon has decided to return $2 billion to investors. His assessment is the company, which has total assets of $15 billion, cannot perform up to its 23 year average return of 18.8 percent in the prevailing tumultuous political and economic climate...
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Baby Boomer Hedge Fund Managers Getting Ready to Retire, Hand Over Reins
Wednesday, June 9, 2010 - 6:27am | 144Read More...As the baby boom generation ages and gets ready to retire, hedge fund managers from that generation are grooming successors to take over once they leave, Bloomberg writes. Instead of just shutting down the fund like predecessors, hedge fund managers like Steven Cohen of SAC Capital Partners, Louis...
