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Barclays dark pool concerns said raised before

Barclays Canary Wharf

Trading firms and employees raised concerns about high-speed traders at Barclays’ dark pool months before the New York attorney general alleged in June that the firm lied to clients about the extent of predatory trading activity on the electronic trading venue, according to people familiar with the firms

Allianz stands by 'legend' Bill Gross

Bill Gross Interview Pic

Allianz, Europe’s biggest insurer and owner of Pacific Investment Management Co., is standing by Chief Investment Officer Bill Gross as his main fund trails peers and struggles with a record streak of investor redemptions, calling him an industry 'legend'.

Hedge funds see their returns halving in 2014

Hedge Fund

Hedge fund managers are expecting to deliver less than half of the returns for their investors in 2014 that they saw last year, as fears of a correction in stock markets mount, amid record high equity valuations.

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