• A tech executive at $41 billion Fortress is leaving to start his own data-focused fund

    21 days ago - By Business Insider

    The chief technology and information of $41 billion Fortress Investment Group is leaving the firm.
    Hylton Socher, a long-time exec at Fortress, is starting his own investment management firm that'll focus on data and machine learning.
    Hylton Socher, the chief technology and information officer of Fortress Investment Group, the $41 billion hedge fund, is leaving the fund to start his own venture, Business Insider has learned.
    Socher, whose career at Fortress spans a decade, fell down the rabbit hole of big data and other new-wave technologies sweeping Wall Street, he said in an...
    Read more ...

     

  • A tech executive at $41 billion Fortress is leaving to start his own data-focused fund

    A tech executive at $41 billion Fortress is leaving to start his own data-focused fund

    21 days ago - By Business Insider

    The chief technology and information of $41 billion Fortress Investment Group is leaving the firm.
    Hylton Socher, a long-time exec at Fortress, is starting his own investment management firm that'll focus on data and machine learning.
    Hylton Socher, the chief technology and information officer of Fortress Investment Group, the $41 billion hedge fund, is leaving the fund to start his own venture, Business Insider has learned.
    Socher, whose career at Fortress spans a decade, fell down the rabbit hole of big data and other new-wave technologies sweeping Wall Street, he said in an...
    Read more ...

     

  • Bad times for active fund managers again: Vast majority are underperforming this year

    Bad times for active fund managers again: Vast majority are underperforming this year

    21 days ago - By CNBC

    J.P. Morgan tells its clients only about 40 percent of active fund managers are beating their benchmark so far this year.
    Read more ...