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Stop fighting over who gets to perform the arb, start asking why the arb exists
Robyn Grew begins first big reorganisation at leading hedge fund by ditching well-known name and merging teams
Disgraced financier gave the rightwing party £10,000 after investigation was published
Plus, Bobby Jains’s launch, record hedge fund gains, and journeys to the moon
Best-performing managers’ punchy bets on stock markets paid off in 2023
Chinese assets of Bridgewater and Two Sigma surged despite economic downturn and geopolitical tensions
Millennium alumnus has tempered his ambitions after initially aiming for industry’s biggest ever debut
Firm headed by Andrew Law finishes 2023 down 9% in its Macro fund
Media group says Trian co-founder has not ‘presented a single strategic idea’ and questions influence of former Marvel chair Isaac Perlmutter
Buyout firms’ stranglehold over who can buy portfolio groups’ loans under threat as many lenders retrench
Portfolio manager from Izzy Englander’s firm strikes out with expected $4bn-$5bn launch
Activist fund recovers from 2022 losses helped by bets on Alphabet and Moody’s
Big-name managers post double-digit returns as costs of talent war weigh on some smaller players
Entertainment and media group to consult with activist investor on ‘strategic matters’
UK gambling group names Eminence Capital boss to board weeks after exit of its chief executive
Senior people at investment firm now liable for income tax on part of their remuneration, court finds
Natixis, KPMG and CACEIS also sued in first major litigation relating to illiquid asset scandal
Crispin Odey remains under investigation by the UK’s financial watchdog
Swiss lender could double valuation if it can close gap with US rival Morgan Stanley, investor says
A look back at the five themes that dominated in 2023 — and our top scoops, interviews and longer reads
Hedge fund manager rethinks his pessimism about online sports betting
Across the multifactorquantiverse with AQR
Eugene Fama protégé warns a mass of superfluous data is confusing many investors
Industry says US regulator has not considered impact of its new measures on securities markets
Private equity firm rebuts short seller’s warning about ‘a lot of rot in its book’
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