Hedge funds

Jon Short, the head of wealth management at Pimco, is leaving after 10 years to join Dan Zwirn’s hedge fund, Arena Investors.

Golub Capital is shutting down a $150 million credit-hedge fund that invested in distressed debt, following the market’s worst rout since the financial crisis.

Miller's fund is structured to make bets based in part on a computer model designed to predict natural disasters.

When investors in hedge funds rush to the exits at once, managers can find themselves forced to suspend redemptions.

The nation’s third-largest school district, with almost 400,000 students, is on the brink of insolvency after years of skipping pension payments.

Third Avenue Management was sued by an investor who said the firm failed to maintain adequate liquidity despite signs the fixed- income market was increasingly volatile.

Hao Zou, a portfolio manager at Pimco, has left to start a firm providing an artificial intelligence platform for hedge funds, family offices and other institutional investors.

2015 saw 15 records broken by the corporate bond market in 2015, though not all of them were necessarily positive.

Scott Bessent, who oversaw George Soros’s $30 billion fortune for the last four years, will be managing $4.5 billion by the end of the first quarter, one of the largest hedge fund startups ever.

The Bloomberg Commodity Index, a measure of returns for 22 components, slumped about 25 % in 2015. The gauge is headed for a fifth annual loss, the longest streak since the data begins in 1991.