Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.
The SEC alleges that the firm violated Regulation S-P while it recruited registered representatives.
The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.
London & Capital Investment Advisors Inc. of Miami, the U.S.-based unit of London & Capital PLC, today announced its plan to launch a range of alternative absolute return investment strategies.
The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.
Shaky market conditions in August bit off 8% of Tudor Investment Corp.’s Raptor Global Fund, according to Reuters.
In the newly created position, Mr. Lee will be responsible for expanding the investment bank's business in Taiwan.
Purchases of existing homes in the Unites States slipped 0.2% in July, the fifth consecutive monthly decline, according to the National Association of Realtors.
S.A.C. Capital Advisors, the world's most expensive hedge fund manager, joined the majority of hedge funds that lost money in the first two weeks of August, posting a 6% drop in its multi-strategy fund, according to an investor.
