Over the last few decades, we have seen the secondary market evolve drastically. As institutional portfolios have grown in ...

Corporate valuations – such as price-to-earnings, price-to-sales and price-to-book values – suggest that current levels are ...

Caxton Associates, the London-based macro firm headed by Andrew Law, made several big bets on U.S. stocks in the fourth quarter. Regulatory filings reveal just how aggressively Caxton pivoted toward U ...

Last week, U.K. asset manager Schroders agreed to a £9.9 billion ($13.3 billion) cash acquisition by U.S. counterpart Nuveen. If completed, the merger will create one of the world’s largest asset ...

Copper futures gained 41% in 2025, driven by demand forecasts and policy uncertainties. S&P Global projects copper demand will reach 42 million metric tons by 2040, up 50% from current levels, driven ...

As GP‑stakes deals spread deeper into the middle market, the challenge is maintaining the high underwriting standards that have defined the strategy so far. The risk isn’t a lack of opportunities, but ...

D.E. Shaw is launching a new fund on July 1. The quantitatively-driven firm has raised at least $250 million for its new Plasma fund, a carve-out of the firm’s energy group, allowing investors to have ...

Nonprofit organizations pursue financial stability to sustain and grow their mission over the long term. To accomplish this goal, many nonprofits consider creating an endowment—a pool of funds ...

Now this is what you call a reversal of fortune. One year after losing 18 percent, Chris Hohn’s TCI Fund Management surged to a 33 percent gain in 2023. As a result, the London-based, ...

Ask hedge fund manager Dmitry Balyasny what keeps him up at night, and the answer isn’t a long list of worries about fund concentration, market contagion, monetary policy, or geopolitics. It’s one ...