License Root Tag

Trading venues have clubbed together to attack the latest European effort to curb what they charge clients for data.

“What we’re trying to build here is something that stands the test of time,” says Todd Boehly.

Investment in technology and data management is becoming increasingly critical to distribution, and to managing regulation, reporting and operations.

The fund has returned 54.5% on its investments this year through August, fueling a 48% gain for shares of Pershing Square Holdings.

Asset manager Millburn Ridgefield is banking on artificial intelligence as it moves further away from its 1970s-era tradition in trend following.

Claims by one firm executive that systematic investing “lends itself to providing liquidity” remain largely untested in a post-crisis bull.

The first-of-its-kind product is cleared and features the same creation-and-redemption process common with traditional offerings.

The fund’s losses stem from bearish wagers on global interest rates, according to a person familiar with the matter.

The only remaining founder of GSO Capital has left to build a family office and find new opportunities to spend the wealth he’s amassed over 35 years.

Some see a potential cure in a practice that’s commonplace from Italy to the U.K., but banned in the U.S.