Ackman breaks into hedge fund top 20

US activist investor’s Pershing fund delivers 33% for year

Illustration for 'Automated algorithms offer greater choice, but risks remain'

Human investment managers risk obsolescence

Computerised hedge funds will ‘dominate’, says Braga

Estate agents challenge Rightmove and Zoopla

Estate agents hope new portal will help them regain market share

Anne Stausboll, Chief Executive Officer, CalPERS...Anne Stausboll, Chief Executive Officer, CalPERS, talks about her roll in leading the California Public Employees' Retirement System (CalPERS), which manages the health and retirement benefits for 1.6 million California public employees and retirees, at her office in Sacramento, California, Tuesday, Jan. 13, 2015. Thor Swift for the Financial Times
©Thor Swift

Anne Stausboll, Calpers: the $300bn woman

The mighty US pension fund boss squeezing fund managers’ fees

Bharara challenges insider trading ruling

Future prosecutions hinge on outcome of US Attorney’s challenge

Jain clashes with Lew and Carney over regulation

Officials reject Deutsche chief’s fears over liquidity crisis

week in review

Week in Review, January 24

Forex brokers, Microsoft, Total and Swedish jet scandal featured

NEW YORK, NY - OCTOBER 31: A woman looks at damage in the Rockaway neighborhood where the historic boardwalk was washed away during Hurricane Sandy on October 31, 2012 in the Brooklyn borough of New York City. With the death toll currently at 55 and millions of homes and businesses without power, the US east coast is attempting to recover from the affects of floods, fires and power outages brought on by Hurricane Sandy. JFK airport in New York and Newark airport in New Jersey expect to resume flights on Wednesday morning and the New York Stock Exchange commenced trading after being closed for two days. (Photo by Spencer Platt/Getty Images)
©Getty Images

Blue skies create a reinsurance tragedy

John Dizard wonders if the lack of storm losses has turned reinsurers into ‘climate refugees’

Bank watchdog reviews sovereign debt rules

Basel Committee pushes risk on government bonds up agenda

BBVA boosts capital with Chinese deal

Spanish lender sells stake in China Citic Bank for €1.46bn

Rich will split homes to avoid tax, say experts

Wealthy homeowners explore ways to minimise value as mansion levy looms

New property portal launches

OnTheMarket criticised as attempt to stifle competition

GE boosted by aviation and power units

Immelt continues shift from finance to industrial operations

Concern grows over banks’ exiting EMs

Lenders also talking of sharing data to combat terrorism

Weavering founder’s fall from grace

Hedge fund founder Peterson jailed at end of complex case

Barclays bites back against NY watchdog

Previously unquestioned law enforcer has hit a dark pool hurdle

BNYM may raise fees on big deposits

Bank looks to offset rising cost of negative interest rates in Europe

Russian banker warns west over Swift

VTB chief says country building alternative payment system

Weavering founder jailed for 13 years

Hedge fund manager handed tough sentence

Bank of England warns on cyber attacks

Review highlights risk of hacking by nation states

UBS avoids losses after franc decision

Switzerland’s big banks appear to have avoided the worst of the tumult

Kepcorp bids to take Keppel Land private

Property subsidiary offered up to S$3.6bn

Goldman and JPMorgan chiefs’ pay tops $20m

Blankfein package lower at $24m and Dimon’s flat at $20m

IronFX confirms interest in Alpari UK

Unit filed for administration after wracking up huge losses

City Insider: Sorrell parties in Davos

Paul Marshall changes tune, RBS and other charities and Bond returns to high street

Silk Road suspect said ‘keep my secret’

Court hears Ross Ulbricht operated online drug marketplace

Italy’s popolari banks: courting

Reform paves way for M&A, but don’t count on it happening

Barclays fights back in dark pool case

Lawyers dispute NY attorney-general’s attempt to bolster suit over high-frequency trading

ECB unleashes larger than expected QE

Asset purchases to total €60bn a month until September 2016

Quindell talks to Slater & Gordon on sale

Insurance claims processor’s shares rise on news

Complaints over state pension advice

Savers complain over confusing estimates

Royal Bank of Canada: Hooray for Hollywood

Maybe it’s good that big US banks cannot consolidate

Private jet scandal a rough ride for Swedes

Mighty Industrivärden faces upheaval after revelations

RBC pays $5.4bn to reach rich US clients

City National bid is one of the richest post-crisis bank deals

Use markets to stop the next Ebola crisis

‘Pandemic bonds’ could inject private-sector rigour into global medical bureaucracies

Europe’s banks are pivotal to ECB success

If the positives of QE for the economy are unproven, so is the potential benefit for banks

Spain to float airports operator Aena

Madrid expected to sign off on plan to raise €4bn

St James’s Place boosts assets by 17%

Fee-based investment firm benefits from regulatory reforms

Gross’s $700m lifts Janus flows to $2bn

Mutual fund company enjoys influx for first time in five years

Dentons merger to create largest law firm

Combined firm with China’s Dacheng will have 6,600 lawyers worldwide


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