Mortgage rates down for third straight week
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Five credit portfolio managers depart Brevan Howard amid market volatility
At least five credit portfolio managers have departed Brevan Howard Asset Management, adding to signs of pressure across the hedge fund industry amid heightened market volatility, according to a repot…
- Five credit portfolio managers departed Brevan Howard amid market volatility.
- Andy Silver, Brevan Howard's credit trading head, stepped down to serve as an advisor.
- Brevan Howard Alpha Strategies Fund declined 1% in October, erasing year-to-date gains.
Jensen Huang Sheds $12 Billion As Nvidia Shares Sink, Falling Two Spots In Billionaire Rankings
Nvidia’s Jensen Huang’s net worth fell by $12 billion on Thursday as Nvidia’s stock dropped 7%.
FCCPC survey finds inadequately fortified vegetable oil, salt samples in Nigerian markets
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that some vegetable oil and salt samples collected from Nigerian markets were found to be inadequately fortified during…
Former Moore Capital manager to return external capital from Room40
Paul Yablon, founder of digital-focused hedge fund Room40 Capital and a former portfolio manager at Moore Capital Management, is returning all external investor capital as he reshapes the business to…
- Paul Yablon, Room40 Capital founder, plans to return all external investor capital
- Room40 will shift focus to proprietary funds and macro trading
- Yablon to become macro portfolio manager at Moore Capital
San Francisco Bay Area dominates mining tech startup funding worldwide
An analysis of 170 ventures across 22 countries reveals a striking divide between where mining innovation happens and where investors deploy capital.
Kano seizes 5,964 bottles of expired soft drinks in Singer Market
The Kano State Consumer Protection Council, KCPC, has confiscated 5,964 bottles of expired soft drinks allegedly stocked for sale to unsuspecting consumers at Singer Market in Kano.