Jim Simons, the « Michael Jordan » of finance retires
Jim Simons has officially announced his retirement, leaving the reins of "Medallion Fund" - without doubt one of the greatest performing management funds in history - in the hands of his two co-successors, Peter Brown and Robert (...)
BNP Paribas increases to 50 percent its stake in Innocap
Since 1996, Innocap has been offering various hedge funds strategies via a wide range of renowned, emerging and innovative managers while ensuring secure, transparent and liquid alternative investments
By announcing that it would no longer tolerate the CHF stronger than 1.20 against the EUR and highlighting that in its opinion the CHF was still overvalued above 1.20, the SNB signalled that it was prepared to intervene in the FX market to sell CHF in unlimited (...)
According to Bank of America Corp., the volume of bearish positions on the S&P 500 futures has boomed in recent weeks and reached levels seen before the 2008 crisis...
In accordance with the motto, “Buy to the roar of cannon and sell to the sound of trumpets”, the Oracle of Omaha said he enjoys buying shares during markets selloff.
EDHEC-Risk Institute condemns the August 11 decisions by the financial market authorities in Belgium, France, Italy and Spain to impose or extend short-selling bans in the wake of renewed market volatility.