Ackman: Herbalife is massively overvalued, a fraudulent business that will not survive
Posted: July 20, 2016

On a conference call today, Bill Ackman disclosed that his private funds are down 14% for the year while Pershing [Read More]
Manny Roman leaves Man for PIMCO
Posted: July 20, 2016

Emmanuel “Manny” Roman will leave Man Group at the end of August and take over as PIMCO chief executive [Read More]
Sightings…
Posted: July 19, 2016
Carrie McCabe has joined Pacific Alternative Asset Management Company as a managing director. She will work on new business [Read More]
European regulator supports passport for US and other hedge funds
Posted: July 19, 2016
Currently, non-EU alternative investment funds and managers must comply with each EU country’s national regime when they market funds [Read More]
Closing: Mako’s CT Invest Fund
Posted: July 19, 2016
Mako Global Investors is closing down its CT Invest Fund due to poor returns and its small asset size. [Read More]