Hints and tips:
Flagship fund is down nearly 17% in 2024 while its outflows have totalled more than $1.8bn
Tech-focused fund posted one of the industry’s best performances last year following 2 years of declines
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
Lawsuit sets up rare public clash between two big Wall Street rivals
Search group now accepts advertising for crypto funds but still bans marketing of initial coin offerings
Ten funds holding the cryptocurrency hit stock exchanges after winning SEC approval
Cathie Wood pitches upside of disappointing returns of flagship investment fund
...Inbox: The Securities and Exchange Commission today charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of purported non-fungible tokens (NFTs...
...Private equity growth firm JMI Equity has promoted Maggie Schmitt to principal in its finance team and Tyler Duke to vice-president....
...To be sure, Mexico’s oil industry still needs the equivalent of many orchards to reverse more than a decade of production declines....
...Overall, volumes on consumer-loan platforms rose 10 per cent in the fourth quarter from the third, according to Orchard, a data and technology firm, breaking a three-quarter run of falls....
...Since stepping down as chief executive of Morgan Stanley in 2011, he has invested in a clutch of fintech companies, including Lending Club and Orchard....
...Orchard tweaks that slightly by offering a way for institutional investors to build a portfolio of direct lending investments....
...“It’s a watershed moment in terms of awareness,” said Matt Burton, founder and chief executive of Orchard, which is working to build a secondary trading market for P2P loans....
...Orchard has also attracted money from Mr Mack, as well as Hans Morris, the long-time Citi banker and former president of Visa who also sits on Lending Club’s board....
...We hope to launch listings in May of issuers,” Jos Schmitt, chief executive, told the Financial Times last week....
...Technology and big data are what enable that,” says Joshua Rand of Petra Partners LLC....
...The orchard has fig, almond and olive trees, and is surrounded by one-metre-thick stone walls....
...“If we manage to be successful with this, we could roll it out to markets,” said Mr Schmitt....
...The country’s consumers are invited to opt into the service using their mobile phones in three locations – Orchard Road, Singapore’s most famous shopping street, Changi airport and Sentosa island, home to...
...through “soft dollar” arrangements whereby PGR clients executed securities trades through, and paid commissions to, a broker-dealer affiliate of PGR named PGR Securities~ Bad apples don’t make a rotten orchard...
...Jackson was a middle-aged San Francisco lawyer in 1974, “looking for a little excitement in my life”, when he and his first wife, Jane Kendall, bought an 80-acre pear and walnut orchard in Lake County, California...
...Charles Schmitt, a Hong Kong fund manager who diverted $194.5m of clients’ funds, has been jailed for four and a half years....
...Try this pair from Tim Orchard of Zebedee Capital: “Crime” and “Punishment”. More by Thursday, please. mudlark@ft.com...
...This one from Tim Orchard of Zebedee Capital in London: Crime and Punishment. Entries to the e-mail address below. observer@ft.com...
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