Bigger may be better as smaller hedge funds give up
BOSTON (Reuters) - Bigger may really be better for hedge funds at a time the $2 trillion (1 trillion pound) industry's smaller players face tough choices of either merging or being forced out of business.

 

More

  • BinckBank trading unit completes management buyout

    The trading unit, called Accion and spun off from the online broker last October, had 250,000 euros ($389,800) in yearly costs before tax and is no longer reported as part of BinckBank's operations...

  • Bharti-MTN set to close merger talks

    MUMBAI: India's Bharti Airtel Limited and South African telecoms operator MTN Group are very close to completing their merger talks, reports said yesterday. Bharti is the leading mobile phone operato...