When hedge fund traders make money, they get a share of the kill. When they lose, it’s all pushed to the clients. Two former top executives at Steven Cohen and Crispin Odey’s investment firms are ...

Millennium Management, Citadel and Point72 Asset Management aren’t noted for their charity when dealing with loss-making traders. The outcome is often brutal and swift: Culpable parties are usually ...

A trader is suing his former employer for withholding a performance-related bonus – after he claims he brought in 97% of the hedge fund’s revenues that same year, according to court filings. Robert ...

Alex Gerko, one of the U.K.’s largest taxpayers, has failed in his challenge of a British government decision that he should pay a higher rate of tax on money he generated by trading foreign ...

Billionaire investor and University of Virginia alumnus Paul Tudor Jones is attempting to clarify remarks suggesting most women can’t compete with men as macroeconomic hedge-fund traders after having ...

BMO has launched the first quadruple leveraged ETN fund that tracks the S&P 500. The fund will trade under the ticker symbol "XXXX" and seeks to generate four time the S&P 500's return on a daily ...

A Dallas money management firm and three top executives helped big clients place thousands of predatory short-term trades in hundreds of popular mutual funds, and even went so far as to open up shop ...