JPM, AQR win as hedge funds suck in assets – CNBC
Bigger isn’t always better. But in terms of asset building over the last year, US funds with the highest AUM saw their assets increase over $250 billion in 2014. J.P. Morgan was the biggest winner, with an increase of $15 billion in 2013…
Laundering money for Qaddafi – Businessweek
A former executive of Amsterdam based hedge fund Palladyne International Asset Management is suing for as much as $500 million. The employee, from Stamford, Connecticut, claims the fund was set up solely to launder money from Muammar Qaddafi’s regime…
A Watershed Moment for Shareholder Participation – Shareholders’ Square Table
Carl Icahn’s epic tirade regarding eBay, activism, and what he has coined “Liar Gate”. Touching on everything including a potential PayPal IPO, Marc Andreessen and even Hans Christian Andersen, this is a must read letter for anyone remotely interested in activism and/ or prose…
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