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HFRX Index Gains 0.20% In June Despite Brexit
Despite June’s massive Brexit-related volatility, hedge funds were able to eke out another month of positive returns as the global bond yields plummeted, the British pound hit 30-year lows, equities whipsawed and gold soared, according to new data from Hedge Fund Research. Full investment news article
Minority Stake In Barneys Up For Sale Amid Sagging Sales, Profits
There’s a huge sale going on at Barneys New York — a minority stake in the glamorous retailer is up for grabs, The Post has learned. Billionaire hedge fund manager Richard Perry, who took a majority stake in the upscale fashion business in 2012, is shopping a minority slice in the 93-year-old chain, according to... Full investment news article