Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact editor@evestment.com

News Archive

Read More Industry News >

FCA Charges London HF Manager

Jan 12, 2014
Jing Chen

U.K.’s Financial Conduct Authority will reportedly charge former Moore Capital Management Julian Rifat in one of U.K’s largest insider trading cases after a four-year probe.

Bloomberg reported that Rifat, who was arrested four years ago, will be charged no later than next month. His hearing at a London criminal court scheduled for Friday was canceled.

Rifat, who was an execution trader in New York-based Moore Capital’s London office, was arrested in 2010 as part of Operation Tabernula, which authorities described at the time as the largest ever operations against alleged insider trading.

Eight other men have been charged in the probe.

 

 

 

Read More Industry News >

eVestment’s 2015 Hedge Fund Industry Outlook

Read More