Opalesque

SEC closes PHX Financial churning case: Red flags every retail investor and allocator should know

The U.S. Securities and Exchange Commission on May 12, 2026 approved a plan of distribution that will return $347,989.04 to retail customers of PHX Financial, Inc. who were harmed by a registered ...
Opalesque

Due diligence by Google: SEC charges Reign Financial and Berone Capital in $26 million scheme

As of May 12, 2026, the U.S. Securities and Exchange Commission has accused Reign Financial International, the investment adviser Berone Capital, and several individuals of orchestrating a $26 million ...
Opalesque

Opalesque Roundup: Event-Driven Records, FSB Warning, and a Korean Credit Push: hedge fund news

Hedge funds posted one of the most powerful monthly snapbacks in their history. The HFRI Event-Driven Index logged its second-best month ever, and the HFRI Fund Weighted Composite returned +4.79%, the ...
Opalesque

Event-driven notches second-best month on record as hedge funds stage historic April rebound

Tweet; Print; Track Keywords; Matthias Knab, Opalesque for New Managers: Hedge funds did more than recover from March's losses in April - they posted one of the strongest months t ...
Opalesque

Janus Henderson partners with Sun Hung Kai & Co. on Alternative Investment solutions

Janus Henderson Group plc (NYSE: JHG) and Hong Kong-listed Sun Hung Kai & Co. Limited (SEHK:86) have announced a strategic partnership to collaborate on alternative investment solutions, combining new ...