March 20, 2010
Hedge fund activists win Pep Boys board seats
SAN FRANCISCO (MarketWatch) -- A group of hedge fund activists led by Barington Capital Group LP won a proxy battle against The Pep Boys -- Many, Moe & Jack on Thursday, gaining four director seats on the board of the auto-service chain.
High-profile portfolio managers leaving mutual fund firms
Two veteran mutual fund managers are on the move. CI Mutual Funds Inc. lost Ben Cheng to Fortress Investment Group, a New York-based hedge fund manager that recently opened a Toronto office. At his former employer, Mr. to move over to the hedge fund industry, which offers the potential
Third Point hedge fund selects Sungard Front Arena trading platform
SunGard today announced that Third Point Partners (Third Point), a $4bn hedge fund trading long/short equity, has selected FRONT ARENA, a real-time, integrated cross-asset trading platform.
Hedge Fund -
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