Labor Department proposes 401(k) alternative asset rule

The Labor Department proposed a rule today that would open the door for alternative assets in 401(k)s. The proposal is [Read More]
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Goldman Sachs: Hedge funds suffer in March …..Not yet at market bottom

Hedge funds have cut their global equity holdings for the sixth consecutive week, according to Goldman Sachs’ prime brokerage unit [Read More]
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Distressed debt traders view strains in private credit as greatest opportunity since 2008

The downturn in private credit is seen as the greatest opportunity for distressed debt traders since the 2008 financial crisis, [Read More]
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Closing: Guy Spier’s Aquamarine Capital

Guy Spier has returned client assets in his $470 million Aquamarine Capital due to personal health issues and a fundamental [Read More]
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Brent crude climbs over $111

Although President Trump extended the deadline for Iran to open the Strait of Hormuz, Brent crude oil climbed over $110. [Read More]
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