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Guggenheim sells multistrategy hedge fund

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Guggenheim Partners sold its multistrategy hedge fund to a group including the former co-head of Royal Bank of Canada’s capital-markets division. Terms of the transaction weren’t disclosed.



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Hedge fund gains as computer says 'yes' (and 'no')

For Kyo Yamamoto, leaving investment choices to a computer rather than making his own calls has been the best strategy as unorthodox global monetary policies only worsen market volatility. Right now, the machine says sell Japan government bonds.

Now Hiring

People News: Goldman Sachs, C Suisse, Nomura

Goldman Sachs hired Sarah-Marie Martin as a partner in its financial-sponsors group, luring away a Credit Suisse banker who works with the world’s largest private-equity firms, according to a person with knowledge of the hire.