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Hedge fund switched traders with algorithmBY KARREN VERGARA | THURSDAY, 10 DEC 2020 12:31PM
A hedge fund, previously linked to several superannuation funds, has been fined US$170 million for replacing its traders with an algorithm that drastically underperformed.
Read more: BlueCrest, SEC, Superannuation, BlueCrest Capital Management, Adam Aderton, Future Fund, Nationwide Super, Russell Investments, US Securities Exchange Commission
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The Golden Rules of Commercial Property Investment
Fidelity Investments' lead portfolio manager for global equities strategies has resigned.
Aware Super has appointed an index solutions provider to take care of its passive equity and fixed income mandates.
As an increasing number of institutions allocate to cryptocurrency and explore blockchain solutions, State Street is launching a dedicated digital finance division, appointing the current head of global markets to lead it.
ASX has acquired a minority stake in fast-growing superannuation administrator GROW Inc.
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