Affiliated Managers taking majority stake in Systematica

BlueCrest Capital Management is selling its stake in Systematica Investments to Affiliated Managers Group. The transaction is expected to close [Read More]
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American Federation of Teachers continues to pound against hedge funds

The American Federation of Teachers and Roosevelt Institute’s just-released report, “All That Glitters is Not Gold,” examines 11 large US [Read More]
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Sightings….

Jenny Morton has joined Angelo Gordon as managing director and head of consultant relationships, a new position. She had previously [Read More]
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Conning to buy 82% stake in Octagon

Hartford, CT- based Conning has agreed to buy 82% of Octagon Credit Investors as it expands into below-investment grade debt [Read More]
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Brevan Howard cuts staff by 10%

Brevan Howard has cut its staff by about 60 people as its assets have dropped to $25 billion from $33 [Read More]
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