Limiting the downside doesn’t mean investors can’t enjoy decent upside, according to David Conlon of Merrion Investment Managers

Like hedge funds, absolute return funds aim to protect investors from the serious downside associated with difficult market environments. But limiting(...)

Breifne O’Brien: counsel said his client’s attempts at restitution should have been taken into account. Photograph: Dara Mac Dónaill/The Irish Times

Former businessman Breifne O’Brien has moved to appeal his prison sentence for inducing others to advance millions of euro to him for investment in bo(...)

Traders  on the floor of the New York Stock Exchange. Photograph: Jewel Samad/AFP/Getty Images

Volatility, it appears, is back. After two years of remarkable calm, investor jitters have returned. It’s not simply that stocks are declining; there (...)

JPMorgan Chase, the biggest US bank by assets, reported a 6.6 per cent drop in quarterly profit as legal costs exceeded $1 billion (€847 million). Photo: Reuters

JPMorgan Chase, the biggest US bank by assets, reported a 6.6 per cent drop in quarterly profit as legal costs exceeded $1 billion (€847 million) in t(...)

Legal practice is trying desperately to keep up with changing technology. This is especially true in the area of legal discovery – so much so that th(...)

Minister for Finance Michael Noonan with Stephen Vernon and Pat Gunn of Green REIT at the company’s listing  on the Irish Stock Exchange in July last year. FTI advised the company on its IPO. Photograph: Eric Luke

FTI Consulting’s capital markets team in Dublin, led by Mark Kenny and Jonathan Neilan, saw its revenue increase by 36 per cent to €1.79 million last (...)

HSBC chairman Douglas Flint launched a tirade against the reforms being imposed on the banking sector. Photograph: Joe Giddens/PA Wire

Since they brought the global financial system to the brink of collapse six years ago, there have been apologies aplenty from Britain’s banking chi(...)

Mason Hayes & Curran managing partner Declan Black said that despite the upturn in the economy downward pressure on legal fees remains  a feature of the firm’s business. Photograph: Cyril Byrne

Law firm Mason Hayes & Curran increased its turnover by 8 per cent to €48 million in 2013 following a strong finish to the year d(...)

JP Morgan Chase & Co agrees a $13 billion settlement, the biggest civil settlement with any single company

JP Morgan Chase, the biggest bank in the US, agreed a record $13 billion settlement with regulators on Tuesday, ending months of tense negotiations wi(...)

John Bohan: “There have been so many pyramid schemes for investment. There hasn’t been proper regulation in some cases or oversight. A fund administration company provides that oversight.” Photograph: Cyril Byrne

Ireland is known for a lot of things – Guinness, leprechauns, the Celtic Tiger – but in financial circles hedge funds are the words on everyone’s lips(...)