D.E. Shaw’s Orienteer strategy posts double-digit returns this year

BOSTON (Reuters) – D.E. Shaw’s Orienteer platform, the backbone of the $50 billion investment firm’s multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime. The Orienteer platform’s HV variant gained 41.3% through November while the main Orienteer strategy gained 25.8% during the Continue Reading

HSBC private banking sees double-digit asset, revenue growth on Asia boost

HONG KONG (Reuters) – The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit’s chief executive told Reuters. FILE PHOTO: Anti-government demonstrators walk past a board with the logo of HSBC during a Continue Reading