Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements.
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Man City Beats Man United 2-1 in FA Cup Final to Keep Treble Hopes Alive
China’s Auto Export Wave Echoes Japan's in the ’70s
Ukraine’s Uncertain Future Looks a Lot Like Spain’s Bloody Past
Republicans Are the Real Soft-on-Crime Party
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Goldman CEO Loves Summer Camp So Much He’s Expanded His Portfolio
How Summer Camp Became Such a Hot Mess for Parents
Wells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case
Tennessee Ban on Kids Watching Drag Overturned as ‘Overbroad’
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US Mayors Cite ‘Unprecedented’ Mental Health Crisis as Top Concern
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Hedge funds are shutting at a rate not seen since the financial crisis, as many managers post disappointing returns and an elite group of firms dominate money raising.
The $37 billion Brevan Howard Asset Management LLP is the latest firm to close a fund. Last week it pulled the plug on its $630 million commodity fund managed by Stephane Nicolas after it had tumbled 4.3 percent this year through the end of October, according to a person with knowledge of the firm.