Ben Bernanke has become a senior adviser to a prominent US hedge fund, his first non-research role since leaving the US Federal Reserve.
Another shareholder body has added its voice to those recommending that Alliance Trust shareholders support the changes put forward by Elliott Advisors.
Managers pick their top alternative assets
Elliott Advisors has increased its voting stake in Alliance Trust in the run up to the trust's annual general meeting later this month.
Elliott Advisors has responded to Alliance Trust's formal circular to shareholders, rejecting the company's claims and accusing its board of resorting to "personal attacks".
RWC has hired two emerging markets managers from beleaguered US hedge fund firm Everest Capital, paving the way for a significant expansion involving its first offices overseas and several new products.
Following the unexpected poor performance of ‘event driven' strategies in 2014, Philippe Ferreira, head of research, managed account platform at Lyxor Asset Management, analyses what went wrong and they are doomed to repeat the same mistakes in 2015....
Hedge fund manager Man Group has agreed to acquire fund boutique NewSmith for an undisclosed sum.
A rise in global M&A activity could offer investors a new source of diversification in future, according to Franklin Templeton's David Saunders.
Billionaire investor George Soros is finally retiring from fund management at the age of 84 to focus on political philanthropy.