A new hedge fund has raised over $100 million and plans to use troves of data from other managers to select its investments. Epsilon Asset Management plans to scrape decades of regulatory documents to analyze positions of other active managers and turn these into investment strategies for institutional clients, cofounder Faryan Amir-Ghassemi told Business Insider.
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Global cues and developments at the crisis-hit Infosys will dictate market sentiment in a holiday-shortened week ahead, say experts. Markets will be closed on Friday for ‘Ganesh Chaturthi’. Vishal Sikka’s surprise resignation as Infosys CEO on Friday threw markets off-track as the Sensex careened off 271 points. Infosys was the biggest loser in the Sensex
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Banking and payment solutions provider VSoft Technologies has tied up with cooperative banks in Odisha and Gujarat to offer need-based small loans to farmers through kisan credit cards. The company claims that the solution will help farmers pay less interest on loans through Kisan credit cards and withdraw money as per their needs. The company
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Jurgen Klopp’s side were heading for a frustrating draw after wasting a string of chances when Mane prodded past Wayne Hennessey for his second league goal of the campaign. Palace, beaten 3-0 at home to Huddersfield in their opening match, should have scored when the game was goalless. Christian Benteke was unmarked and eight yards out but
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Alaska, the final frontier, may be the next oil industry goldmine thanks to aggressive drilling, changing environmental policies, and a bullish administration. Not all Alaskans, however, are on board with the transition, and the issue is now more divisive than ever. Take for example, the polemic Hilcorp, the fast-growing and assertive Houston-based company that while
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Steve Aoki is one of the most-travelled musicians in the world. In 2012, he won a Guinness World Record for being the most-travelled musician in one year, playing 168 shows in 41 countries. Last year, he played more than 200 shows in 12 months, according to Forbes. The 39-year-old is also the fifth highest-paid DJ in the world, earning $29.5
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