Stone Milliner joins a cohort of funds throwing in the towel as clients revolt against years of mediocre returns.
EOF Partners, a London-based long/short investment firm, plans to start trading in early 2020.
The Merlyn Advisors fund will bet on so-called special situations, such as spinoffs and mergers, in Europe.
The shock announcement to block withdrawals from its flagship fund is almost without precedent.
It’s an audacious contrast to what’s been the most popular trade in town for years: wagers that stocks will keep rising.
A Hong Kong tycoon is going after the salesman who persuaded him to entrust a chunk of his fortune to a supercomputer.
Word of the move comes after the fund dropped 3.3 percent in January.
Machines that decide when to buy and sell are struggling to keep up with central banks and Donald Trump.
Rokos Capital Management is hiring portfolio managers to make bets on energy and oil markets.
A vocal supporter of Brexit, Odey profited from his short bet on the pound.
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