Hints and tips:
Related Special Reports
...Goldman and Millennium declined to comment on Berlinski’s move. Englander has built Millennium into a hedge fund that increasingly resembles the markets division of a global bank....
...Schonfeld would remain independent and use Millennium’s long-term capital to fuel the growth of its business. Millennium and Schonfeld declined to comment....
...One person said there was a lack of trust between the former partners and members of the current leadership team, and “this is not the Grant Thornton that we were hired into”....
...Jane Street and Millennium did not immediately respond to requests for comment....
...moving to Millennium....
...Bloomberg first reported Citadel’s and Millennium’s performance....
...Wellcome Trust warns of private equity ‘shakeout’ Nick Moakes, chief investment officer of the £38bn Wellcome Trust, reckons that the private equity industry is facing a “shakeout” that could result in...
...This article has been updated to clarify that Diego Megia is currently employed by Millennium....
...Partnership talks between Millennium and Schonfeld have started and stopped before....
...maze of purported trusts and other entities in an effort to thwart Delaware law and hinder the Estate’s ability to recover those proceeds....
...A deal between Millennium and Schonfeld would have marked the largest of its kind in one of the hottest areas of the hedge fund industry....
...ValueAct is the latest to smell blood at Disney Not long after Nelson Peltz’s Trian Partners revived its campaign at Disney and Daniel Loeb’s Third Point began calling for sweeping changes at the company...
...Englander’s age gives Millennium’s succession strategy added urgency....
...That performance has continued into this year: the S&P 500 index of leading shares hit an all-time high on Friday, driven by strong gains for the largest technology companies....
...There’s the sale of ratings, data and indices to the same investor clients, as well as the sale of consultancy services to help companies improve their ratings, and the practice of charging companies to...
...One of the people said it was important to preserve Schonfeld as an independent company given its distinct brand and culture....
Rising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
...US-based Millennium, for example, has in excess of 300 teams (or “pods”) each with an individual strategy. Sophisticated risk systems prevent big drawdowns....
...We are focused on advancing our technology and earning back public trust,” the company added. Cruise on Thursday said it was co-operating with law enforcement agencies....
...US hedge fund Millennium Management has amassed a $320mn bet against Mexican billionaire Carlos Slim’s telecoms empire amid a sharp fall in the company’s shares....
...The trust grew from a market capitalisation of £80mn in 1980 to about £3bn today....
...Google’s new marketing rules allow ads touting “cryptocurrency coin trusts” to appear alongside search results for queries such as “bitcoin ETF”....
...Blackstone has a financial exposure to the trust....
...This new generation of “trust busters” lament excessively lax antitrust policy in recent decades that they say has harmed competition across the US economy....
...They’re basically investment trusts that make loans to smaller companies, have a 2x cap on leverage, usually list shares on a stock exchange and have to pay out 90 per cent of profits to investors....
International Edition