Investment Officers
Cohen’s SAC To Pay $616 M In SEC Insider Trade Settlement
Hedge fund titan Steven A. Cohen's firm is paying $615.7 million to settle charges that it improperly traded in two stocks, in what is the largest-ever, insider trading settlement, U.S. securities ...
Reuters’ Saft: The 27-Year-Olds Are Taking Us Down (Again) With Risk Games
The 27-year-olds who are making the mistakes may change, but the flaws in the incentives and risk models at the heart of the global financial system remain basically unchanged. Calling them ...
Insurers Among Firms Turning to Off-Beat Securitizations To Boost Investment Yield
Record low interest rates have helped investors rediscover a taste for bonds backed by everything from pizza to movie royalties, even though strong demand for these offbeat assets has already trimmed ...
Investor Considerations: U.S. Energy Revival May Chill Emerging Economies
A retooling of the U.S. economy around cheaper domestic energy and a competitive exchange rate could be a headwind for developing economies more used to seeing U.S. growth as a boon. In a week which ...
U.S. SEC ‘Sweeps’ Scrutinizing Fund Fees, Alternative Fund Risks
The top U.S. securities regulator plans to examine how the advisory industry pays mutual fund distributors, as well as broader trends and risks involving alternative funds. U.S. Securities and ...
China PICC Group Eyes Shanghai Listing Following $3B-Plus Hong Kong In 2012
Chinese state-owned People's Insurance Company of China Group (PICC), one of the country's largest insurers, could complete an A-share listing in Shanghai in the second half of this year, the firm's ...
Report Questions Insurer Readiness, Attitudes on Climate Change
A report out Thursday that details responses to a climate change survey from insurers doing business in California, Washington and New York shows many insurers are prepared to deal with today's ...Banks To Cash In As U.S. Derivatives Reforms Go Live
Banks have been complaining bitterly about new laws to sort out their industry, even though they were blamed for playing a part in the credit meltdown. But this time round, new U.S. rules look set to ...