Hedge fund icon Monroe Trout, the 39 year old principal of Trout Trading Management, plans to retire after 14 years at the helm and sell the firm to CEO Matthew Tewksbury, 32, (the firm will eventually be renamed Tewksbury Capital).
According to a report in the New York Times today, four hedge funds specialising in distressed securities that lost over $120 million on Enron bonds are sueing Arthur Andersen (auditors to the company) and Banc of America Securities, Goldman Sachs
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
Man Group plc, the international hedge fund manager and futures broker, announced that its two most recent launches Man Multi Strategy Series 3 Ltd and OM IP Hedge Plus Limited have together raised the equivalent of over US$590 million of
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
Merrill Lynch said it will take a Q4 charge of $2.2 billion, mainly to cover the elimination of 9,000 jobs. Merrill said the job cut number includes all reductions since November, including a new round of 1,200 job cuts in
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different
Eagle eyed hedge fund managers and prime brokers scanning the usual crop of Managing Directorships handed about by the major investment banks will have spotted the names of Mark D'Andrea (Barclays Capital) and Warren Holmes (Morgan Stanley) in today's Financial
CF Odey European Trust, the Europe ex UK unit trust, has achieved 1.07% this year against a fall in the FTA Europe ex UK index of 21.67% and claims to be displaying the best risk profile of the 107 funds.