Glencore Xstrata says merger to produce $2bn in savings

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Glencore Xstrata says merger to produce $2bn in savings (via AFP)

Newly-merged mining giant Glencore Xstrata announced Tuesday that its fusion will create synergies allowing it to save at least $2.0 billion (1.5 billion euros) next year. “We have successfully and rapidly completed the integration of Xstrata, identifying…

The Hedge Fund Manager Who Broke Even When Most Other Funds Got Killed

Moez Kassam of Anson FundsWhen investors are looking for a hedge fund to invest their money with, they usually look at returns. Of course, the larger the positive return, the better, but what about during major market selloffs? It may be easy to discount a hedge fund's negative return when everyone else lost a lot of money. However, hedge Read More



 

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