Norman Seabrook, the Correction Officers' Benevolent Association's ex-president, and Murray Huberfeld, a longtime associate of hedge fund manager Platinum Partners, pleaded not guilty to conspiracy and honest services wire fraud charges in Manhattan federal court. Prosecutors said Seabrook, 56, accepted a $60,000 bribe in 2014 orchestrated by Huberfeld,... » Read More
A 70- year-old hedge fund founder has been shot dead in his New York apartment.
Despite slowing growth in China, Wang Chao Yong, Chairman and CEO at China Equity Group, explains why he's still positive on domestic prospects.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.
When the landmark Hong Kong-Shanghai equity link debuts on Monday, hedge funds are expected to plunge into mainland shares.
Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.
Goldman Sachs is in discussions to acquire IndexIQ, an exchange-traded fund provider, according to three sources familiar with the situation.
"Managing money is in my blood," Bill Gross, who is the co-founder of Pacific Investment Management Co., told Barron's this weekend.
Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said.
Citigroup says it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the SEC, according to the WSJ.
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
Phillip Wale, CEO of Panmure Gordon, says company margins are still under pressure.
Volatility measures suggest investors feel complacent, but a wedge of looming swans may disrupt the calm this summer, Societe Generale said.
Japan overhauled the world's biggest public pension fund in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.
Citigroup will not webcast its annual meeting next week in St. Louis, in a move one analyst called "ridiculous."
Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil
Healthcare, energy and financial services are growth areas for the private equity industry, executives told CNBC.
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Andrew Economos, Head of Sovereign & Institutional Strategy at JP Morgan Asset Management, explains why you should put your cash in developed markets, particularly in the U.S.
As economic growth slows in emerging markets, there are fears that capital outflows could be the first signs of a credit crunch.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.