Eclectica hedge fund bleeding assets

Investors pull out of Hendry fund despite relatively robust performance

Editor’s choice

Illustration for 'Star-crossed quest for nextMohamed El-Erian'
Finance ministers and bankers at IMF annual meeting lament a lack of leadership, says Yuri Bender
Abigail Johnson, President of Fidelity Personal, Workplace and Institutional Services, attends the Boston College Chief Executives' Club of Boston luncheon in Boston, Massachusetts in this November 29, 2011 file photo. Fidelity Investments said Tuesday Johnson was promoted to run all of the company's core businesses. She will continue to report to her father, Edward C. Johnson III, chairman and chief executive of the mutual fund powerhouse. REUTERS/Brian Snyder/Files (UNITED STATES - Tags: BUSINESS) ©Reuters
‘Senior-level departures’ expected as Abigail Johnson takes over from her father
Shane Sutton, Britain's head cycling coach, photographed outside the FT this afternoon.
©Charlie Bibby

Marginal gains in fund management

Stockpickers are turning to cycling and behavioural economics

BNY Mellon in Asia wealth management push

HK unit joins US banks seeking to expand investment services

Fed did not act on JPMorgan ‘whale’ fears

Report finds regulator failed to share concerns over bank unit

Citi architect criticises its retreat

Reed paints Corbat’s pullback from 11 markets as shortsighted

China bank funds buy stake in Mediobanca

Italy a focal point of Beijing’s €5bn Europe investment push

BGC in hostile $675m bid for rival GFI

Interdealer broker acts after ‘delays’ in striking negotiated deal

Stakes high for Europe bank stress tests

Good news on key issue of assisting capital-raising

Hedge funds climb market wall of worry

Investors reappraise outlook after Treasury yields ‘flash crash’

Banks fined €94m for part in two cartels

JPMorgan Chase ordered to pay highest sum for influencing Libor

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