(Harvest) Growth investing has produced persistent and robust outperformance relative to value investing. To read this article:

(FINalternatives) ADP CEO Carlos Rodriguez didn’t mince words when asked on CNBC about Bill Ackman’s activist interest in his company, saying the Pershing Square founder reminded him of a “spoiled brat” and blasting the hedge fund manager’s research into the […]

(FINalternatives) Hedge funds extended their 2017 gains in July led by managers with an equity long bias, according to a flash update from Eurekahedge, although many still underperformed underlying benchmark indexes. To read this article:

(Reuters) Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks. This year, there have been nine campaigns by […]

(Reuters) Puerto Rico’s bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Constitution and should be dismissed, the Aurelius Capital Management hedge fund said in a court filing on Monday. The U.S. commonwealth’s federally appointed oversight board initiated […]

(FINalternatives) Pine River Capital Management, which reportedly decided to end long/short equity trading in July in favor of a more event-driven approach anchored on M&A and spinoffs, has seen assets in its flagship multi-asset fund decline by approximately 68% in […]

(Bloomberg) Hedge funds in July reported their best monthly returns since the end of 2016, boosted by equity and event-driven strategies. Funds on average gained 1.1 percent, according to Hedge Fund Research Inc.’s asset weighted composite index. Technology-focused equity funds […]

(FINalternatives) Hedge funds extended their 2017 gains in July led by managers with an equity long bias, according to a flash update from Eurekahedge, although many still underperformed underlying benchmark indexes. To read this article:

(FINalternatives) Activist investor Pershing Square Capital Management has filed regulatory paperwork for three nominees to the board of directors of Automatic Data Processing, naming Pershing CEO Bill Ackman, former Bechtel Group CFO Paul Unruh, and Polymer Group CEO Veronica Hagen […]

(Reuters) Puerto Rico’s bankruptcy, aimed at restructuring $72 billion of debt, violates the U.S. Constitution and should be dismissed, the Aurelius Capital Management hedge fund said in a court filing on Monday. The U.S. commonwealth’s federally appointed oversight board initiated […]

(Bloomberg) Rallying stock markets are helping lift returns at mega-hedge funds including Viking Global Investors and Renaissance Technologies. Andreas Halvorsen’s Viking and an equity-focused quantitative fund at Renaissance are up more than 9 percent this year through July, according to […]

(Reuters) The 7th U.S. Circuit Court of Appeals in Chicago rejected the appeal of Michael Coscia, who was sentenced in 2016 to three years in prison after a federal jury found the owner of New Jersey-based Panther Energy Trading guilty […]