The .5 billion ISAM Systematic Trend Fund has fallen 30.5% since reaching its high-water mark in February 2016.Year-to-date, it was down 14.1% at the end of June, following a 1.7% gain last year and a 20.4% decline during the last 10 months of 2016.Wed, Stifel Financial has laid off some members of an execution-trading desk that counts hedge funds among its clients. Louis investment-banking firm’s dismissals included a market-making specialist; the head of a quantitative desk that handles large orders for hedge funds; a salesman focusing on cash services; and several equity salesmen and analysts.Execution-trading desks complete orders placed by clients. Wed, Global-macro startup AKAZ Investment raised million for a U. The Miami firm, led by former Brevan Howard Asset Management trader Ahsim Khan and one-time Blockhouse Capital research chief Adam Zimbler, plans to launch an offshore version in the third quarter.
A party to an adversary proceeding must not consider APScans to be a substitute for reviewing the docket of the proceeding in which it is a defendant.
Morrow’s Boston startup, Callodine Capital, began trading with partner money and a big chunk of capital from an unidentified family office — the first installment of a 0 million commitment.
Morrow, who previously ran some billion in Fidelity mutual funds, recently began marketing the Callodine Capital Fund to other...
Wed, Mike Novogratz is circulating a marketing document for his Galaxy Digital Capital that offers fresh details about his efforts to build a full-service investment bank for the volatile digital-asset market.
Novogratz has hired — or soon will hire — 60-plus professionals for Galaxy Digital’s headquarters in New York and planned offices in London, Hong Kong and Tokyo.