More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & YoungRead Complete Story
More than 10 percent of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks...
Exclusive: Ackman cuts staff, shuns limelight as he seeks to turn around fundRead Complete Story
William Ackman is cutting almost a fifth of staff and looking to lower his public profile as he seeks to turn around Pershing Square Capital Management after three straight years...
New Ocado ecommerce deal turns screw on bearish hedge fundsRead Complete Story
Hedge funds which have bet on a fall in the share price of Ocado will have taken a hit after the online retailer unveiled a new international technology deal which sent its stock...
Hedge fund Third Point pushes Nestle to do more faster: letterRead Complete Story
Billionaire investor Daniel Loeb praised food group Nestle's chief, but is keeping up the pressure with demands that the company move faster to overhaul its strategy.
Stock-focused hedge funds post biggest gains among top performersRead Complete Story
Hedge funds managers who bet on stocks scored some of the industry's biggest gains in 2017, when equity markets galloped past a series of critical milestones, according to a new...
U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FTRead Complete Story
U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.
Morgan Stanley raises targets, but Wall Street wants moreRead Complete Story
Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...
Exclusive: Blackstone's Hill hands hedge fund reins to McCormickRead Complete Story
After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.
Thadaney to leave Toronto Stock Exchange owner TMX GroupRead Complete Story
TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou...
Families can pool resources for disabled in ABLE accountsRead Complete Story
TJ Rodriguez is 36 and cannot walk without a walker, but horse riding helps him build his strength.