(FINalternatives) Hedge funds continued their winning streak in August as global financial markets were broadly steady in the face of increasing geopolitical tensions, according to new data from Hedge Fund Research. To read this article:

(Bloomberg) Brevan Howard Asset Management LLP is giving star traders their own funds again, aiming to stall an investor exodus as its flagship investment pool shrinks. Less than two years ago, one of the hedge-fund manager’s top executives said having […]

(Reuters) U.S. refiner Marathon Petroleum Corp said on Tuesday it would keep its Speedway retail arm, a decision backed by activist investor Elliott Management, which had previously pushed the company to separate the business. Last November, Elliott, the $33 billion […]

(Bloomberg) Officially, Steve Cohen is undecided about starting a hedge fund. Unofficially, he’s got marketers poised to sign up clients and take in money early next year. ShoreBridge Capital Partners, the company hired last year to gauge interest in such […]

(Bloomberg) Pimco Total Return Fund, once the world’s largest mutual fund, got its first monthly inflow in more than four years as strong performance attracted investor cash. The fund saw preliminary net inflows of $348 million, not including reinvested dividends, […]

(FINalternatives) Nasdaq has agreed to acquire well-known alternative asset data and analytics provider eVestment as the company continues to expand beyond exchange operations and into data, content and technology capabilities. To read this article:

(CNBC) European markets were higher on Tuesday morning, as investors brushed off lingering geopolitical concerns and directed their attention to deal-making. The pan-European Stoxx 600 edged up by around 0.4 percent during early morning deals, with all sectors and major […]

(Bloomberg) U.S. investors aren’t done with European equities even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg […]

(Reuters) The investor who snoozes, loses. But maybe not in Germany. The takeover of drugmaker Stada by buyout firms Bain and Cinven is playing out in a way that suggests sometimes the best thing to do is nothing at all. […]

(Bloomberg) Welcome to the cruelest month for U.S. equities. The S&P 500 Index limps into September after stalling amid heightened tensions on the Korean peninsula and historic flooding in Texas. Those broke a stretch of calm that’ll be hard to […]

(Reuters) Hedge funds turned bearish towards U.S. crude while boosting bullish positions in gasoline and heating oil in the final week of August, anticipating major disruption to U.S. refineries as a result of Hurricane Harvey. Hedge fund operators responded in […]

(New York Times) In 1993, Ray Dalio, the chairman of what is today the largest hedge fund in the world, Bridgewater Associates, received a memo signed by his top three lieutenants that was startlingly honest in its assessment of him. […]