REPORT: The hedge fund at the heart of an insider trading case is being bought by AllianceBernstein

Visium Asset Management, the hedge fund at the heart of an insider trading investigation, is being bought by AllianceBernstein, according to a Dow Jones report.

We will update this story with more info as it comes in.

 

 

NOW WATCH: Movie theatre soda is a rip-off — but it’s not the highest marked up item out there

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.