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Citadel has hit a rough patch as of late, and this has coincided with some big changes. MarketWatch reports that the big fund company run by Ken Griffin--whose star burned so brightly not so long... Read more...
It's in vogue these days for boards to split the CEO and chairman jobs in the name of good corporate governance. You would think it would be an easy sell at Morgan... Read more...
Will other quantitative funds follow in the steps of GMN Capital of San Francisco? According to the AP, the fund has informed investors that it will shutter itself and return funds by the end of the... Read more...
Financial service firms, especially those that trade actively, have long been a hotbed of IT activity. To hear a lot of executives talk about it, it's like a souped-up arms race. You need an arsenal... Read more...
One well-known columnist has an item up on MarketWatch that makes some predictions about the fund industry for the new year. You'll likely agree with many of them. There will likely be... Read more...
This is starting to get interesting. Lone Star Funds, a private equity concern based in Dallas, has been under investigation by South Korean prosecutors since March. They say the fund conspired... Read more...