March 9, 2010
Citadel separates hedge fund, market-making businesses
Citadel Investment Group has separated its market-making unit from the firm's hedge fund business, according to a recent regulatory filing.
Stocks sink on hedge fund rumors
U.S. stocks ended sharply lower on Tuesday -- with the blue-chip Dow average and the broader Standard & Poor's 500 index both sliding about 1 percent -- amid unconfirmed rumors about potentially large hedge fund losses.
Ex-Morgan Stanley Trader Feldschuh Starting Japan Hedge Fund
Michael Feldschuh, a former trader at Morgan Stanley’s hedge-fund firm FrontPoint Partners LLC, plans to start a fund focusing on Japanese stocks, according to marketing documents.
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