Hedge funds

Risk managers must be especially vigilant about the bets their traders are making to profit from current market dislocations brought on by the coronavirus.

Instead, the billionaire opted for a lucrative credit hedge that earned his firm about $2.6 billion in profits when the market plummeted.

Cash-hungry REITs are selling their portfolios at steep discounts as talks heat up over similar deals and even equity stakes in the companies themselves.

Flagship funds at Ken Griffin's firm had been down 5.3% through March 20 before things turned around.

In need-for-speed markets lashed by the spreading coronavirus, this breed of rules-based trading is paying off.

The firm had received margin calls from counterparties including BNP Paribas after its trades went awry, people familiar with the matter said.

Managers who are can differentiate with solid ESG credentials stand to prosper, especially as a younger generation begins saving for investment.

Whether it’s the products they’re developing or the projects they’re leading, the following asset management executives are among the most talented.

Boyle held a variety of roles in his 15-year career with Steve Cohen, starting as director of research and head of equities at SAC Capital Advisors.

Two years after the tax law eliminated write-offs for investment costs and advice, lawyers say they have found a loophole hidden in years-old IRS case law.

The rewards for the men — and they’re all men — are notable, especially given only a third of the top 15 managers on the list beat the S&P 500.

Just 15% have incorporated ESG in their strategies, according to a report.

The firm is testing a new robot designed to execute corporate-bond trades directly with bots at dealer counterparties.

The promotions positions Jim’s son Nathaniel Simons to assume his father’s role as chairman under a succession plan that began about a decade ago.

Macro funds, which invest in broad global trends, had the biggest disparity.

David Vogel, who spent five years using data to study the impact of global warming, is starting the fund as pensions and large investors increasingly seek ESG investments.

Asset managers stand to gain from an SEC-approved ETF structure since “selection of securities is the intellectual property for which they are paid fees.”

MFA hired a former George W. Bush administration staffer to bolster its lobbying presence ahead of what promises to be a turbulent political year.

About $2 billion of assets will be available to the company’s retail clients.

Managers of the funds became increasingly involved with private debt last year; boosting their median allocation to 2.9% from 2.1%, data show.