(Reuters) A former star Lehman Brothers Holdings Inc trader can try to recoup only about $7.7 million of an $83 million bonus he claimed to be owed after the investment bank collapsed in 2008, a federal appeals court ruled on […]

(Dealbreaker) Two years ago, things were going pretty well for Paulson & Co. For what felt like the first time in memory, the firm was making money. Of course, it wasn’t making nearly as much as it had lost the […]

(Cincinnati TV.com) Procter & Gamble CEO David Taylor praised hedge fund boss Nelson Peltz as a shrewd investor, but said he wasn’t up to snuff for the company’s board of directors. Earlier this year, Trian Fund Management acquired a $3.3 […]

(Marketwatch) It’s turning into another wonderful year for everyone involved in the hedge fund business. Except, of course, for the clients. Stop me if you’ve heard this one before. The leading index of hedge funds shows that this collection of […]

(Harvest) Volatility continues to reside at perplexingly low levels. The Chicago Board Options Exchange (CBOE) Volatility Index – better known as the VIX – recently experienced its longest streak of consecutive trading days below 10, which is well below its […]

(FINalternatives) The hedge fund industry comprises two branches. One includes firms managing $1bn or more in assets. This group’s star managers feature regularly in the pages of The Wall Street Journal and the Financial Times. It contains about 10% of […]

(The Business Insider) Goldman Sachs Group Inc is launching a new digital platform where customers of other wealth management firms and brokerages can apply for loans, the bank said on Thursday. The platform, called GS Select, will make loans of […]

(CNBC) Third Point, the hedge fund managed by billionaire Dan Loeb, said it reduced investments in the “fading ‘Trump Trade’” during the second quarter, according to an investor letter obtained by CNBC. The firm is instead repositioning the portfolio toward […]

(Hedgeweek) New York-based Gondor Capital Management’s two hedge funds again edged their benchmarks with double-digit returns in the first half of 2017, consistently outperforming the S&P 500. Gondor’s domestic hedge fund Gondor Partners, LP jumped 11.90 per cent through June […]

(FINalternatives) Dan Loeb’s Third Point hedge fund reportedly rose 4.6% in the second quarter, driving a solid 10.7% return in the first half of 2017 and placing it among the few managers that beat a racing S&P 500 Index’s 8.3% […]

(Reuters) Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc (BKS.N) to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence. Sandell, which said it […]

(The Business Insider) A $13 billion hedge fund that flies under the radar is sounding the alarm on one of the biggest investment trends: quants and passive investing. Highfields Capital Management flagged concerns this week about computer-driven trading in its […]