Kentucky Supreme Court hears arguments in hedge fund/pension case

The Kentucky Supreme Court heard oral arguments yesterday on whether government employees have legal standing to sue over investment decisions [Read More]
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Sightings…

Peter Hornick, head of business development at ExodusPoint Capital Management, is expected to be leaving, reports the Wall Street Journal. [Read More]
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eVestment: Investors redeem $12.1B in September, $76.9B YTD

eVestment’s latest report finds that investors redeemed $12.11 billion from the hedge fund industry in September, $29.37 billion in Q3 [Read More]
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Bitcoin plunges on hostility toward Facebook’s Libra

As Facebook chief executive officer Mark Zuckerberg testified before the House financial services committee today on Libra, its cryptocurrency, Bitcoin [Read More]
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Closing: Vinik closes hedge fund for third time

Jeffrey Vinik sent a letter to investors today, stating he was closing Vinik Asset Management, effective November 15. He said [Read More]
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