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TOP STORY: Quantitative hedge funds suffered their sharpest daily decline in more than two years ton Wednesday as violent market rotations battered momentum strategies, adding to pressure on systematic managers following last month’s technology sell-off, according to a report by the Financial Times.
We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.
In a recent meeting, India and Russia deliberated on their mutual interests in advancing higher education. Both countries expressed their commitment to strengthen collaborative efforts.
CVC Capital Partners is preparing a potential offer for UK challenger bank Aldermore, adding to a growing list of bidders circling the lender as parent company FirstRand looks to exit the business…
Hedge funds endured their sharpest monthly underperformance against the S&P 500 in more than two decades in July, as a reversal in AI stocks forced managers to cut positions and reduce exposure to…
A consortium of five private equity firms is exploring a sale of EverBank, just three years after acquiring the Florida-based digital bank from TIAA, according to a report by the Wall Street Journal…
Stanley Druckenmiller's family office bought call options on Tesla during the second quarter.
Labor Day outdoor deals at Amazon include portable power stations, Coleman camping gear, and Yeti coolers.
