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Advocates say they add liquidity while sceptics point to potential for compounding volatility
Employees’ retirement system fed up with ‘exorbitant fees’ for poor returns
Concerns rise that presidential election will deliver another shock to eurozone
Underrepresentation of females worse in alternatives than mainstream asset management
Struggle to assuage investor ire over fees and performance persists
Investors continue to pull money citing poor performance and fees
Second person to walk on the moon fell ill and is in hospital in New Zealand
Last major outstanding charge for Steven Cohen’s firm tied to trades over Elan Corp
IPO of Invitation Homes would trim group’s position as largest US residential landlord
Pensions group to float at $38-$42 per share in otherwise lacklustre IPO market
Sought-after pieces snapped up, while lesser works fail to attract buyers
Election of Trump is raising concern over the outlook for assets in developing world
Monet’s ‘Meule’ sells for a record $72.5m, while a Picasso garners no bids
Buyers still compete for masterworks despite market turbulence
Bridgewater chief says Trump victory signals market step-change
New York art sale calms nerves but last year’s was double the size
Fiduciary standard could be one of several financial regulations to be reversed
Group founded by Misha Malyshev switches focus to quantitative hedge fund
Shares rise as New York auction house improves margins and trims expenses
Lower fees and tax gains see growth of market as pricier hedge sector loses allure
Asset management arm seeks to capitalise on closely watched research
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