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Hedge funds that use computer algorithms to follow trends lost money for a second straight year in 2012 as political debates over the U.S. fiscal cliff and Europe’s sovereign debt crisis roiled markets. The Newedge CTA Trend Sub-Index, which tracks the performance of the largest quant funds, fell 3.4 percent last year after a 7.9 percent decline [...]
The Treasury Department’s inspector general has threatened to punish JPMorgan Chase & Co. for failing to turn over documents to regulators investigating the bank’s ties to Bernard Madoff’s Ponzi scheme. Inspector General Eric Thorson gave the largest U.S. bank a Jan. 11 deadline to cooperate with the Office of the Comptroller of the Currency probe or risk sanctions [...]
Wall Street’s largest banks boosted their corporate bond inventories last month in the biggest year-end increase in six years, positioning themselves for mounting demand at the start of 2013. Click here to continue reading.
To view in full screen select “View Fullscreen” option on lower right. We hope you enjoy this sample from Bloomberg’s market leading newsletter. To take a trial or to request a free PDF download of this special issue please contact us at +1 212 617 0544 or click here. Financial Regulation 2012 Q&A Review from Bloomberg [...]
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To view in full screen select “View Fullscreen” option on lower right. We hope you enjoy this sample from Bloomberg’s market leading Economics newsletter. To take a trial or to request a free PDF download of this special issue please contact us at +1 212 617 0544 or click here. Economics 2012 Review from Bloomberg Briefs
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