T Rowe Price, others peer into Virtu's high-frequency world

T Rowe Price, others peer into Virtu's high-frequency world

A group of T. Rowe's traders paid a visit in September to Virtu Financial, a firm known for its technological prowess.

The visit was described by two sources, one from T. Rowe and one from Virtu. Other firms have also made the pilgrimage to the company as investors try to get a handle on what makes the market-making firm tick, a source at Virtu said.

How Top-Performing Hedge Funds Found Gems and Gamed 'Stupid' Wall Street

How Top-Performing Hedge Funds Found Gems and Gamed 'Stupid' Wall Street

Brett Jefferson told his 5-year-old son this about Wall Street recently: “Never will you find a place Six years after the 2008 debt crisis exposed how clueless the smart people on Wall Street can be, both men are profiting from what could be called the schadenfreude trade -- buying for pennies what big investment banks once flogged for dollars. Their bottom-fishing lifted them into the top five of Bloomberg Markets’ annual ranking of the best-performing hedge funds managing $1 billion or more.

Asian Hedge Fund Bosses Strike Out on Their Own

Asian Hedge Fund Bosses Strike Out on Their Own

A number of global fund executives struck out on their own in Asia this year, bolstering the profile of the region’s industry and landing them first in line with investors eager to get in with big-name managers.