As the dominoes fall (or wobble) in the wave of financial contagion sweeping the crypto industry, one of the starkest lessons is that no matter the potential of a new technology, you can’t beat the ...

The anniversary of the bankruptcy of Lehman Brothers has been marked by an endless rehashing of the events surrounding their collapse. It isn't surprising, because that single event halted the ...

Five years ago the world's financial system was in danger of collapse. Long-Term Capital Management (LTCM), the world's biggest hedge fund, staffed by some of the sharpest mathematical brains in the ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is founder of Elm Wealth, a former founding partner of Long-Term Capital Management and co-author of ...

Twenty years ago, one bond-trading hedge fund grew from launch to over $100 billion in assets in less than three years. It saw yearly returns of over 40 percent. It was run by finance veterans, PhDs, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You may detect a sceptical tone there, but the question is real: does it matter if something unexpected occurs ...