(FinAlternatives) Hedge funds posted decent gains in November on the strength of North America-focused and Event-driven managers, according to new data from industry observer Preqin. To read this article:

(FinAlternatives) Solomon Kumin’s Folger Hill Asset Management continued to lose money in November, according to a Reuters report, prompting anchor investor Leucadia National Corp. to seek new capital from outside investors. To read this article:

(New York Post) New York City Comptroller Scott Stringer added roughly $270 million of police and firefighter pension money into high-priced hedge funds in May after complaining about the fees — and pulling other city pension money from the same […]

(HITC Business) The race is on. Goldman Sachs has announced that David M. Solomon and Harvey M. Schwartz were named Presidents and Co-Chief Operating Officers; R. Martin Chavez was named Deputy Chief Financial Officer; and Richard J. Gnodde and Pablo […]

(CNBC) An activist hedge fund manager who’s had a strong 2016 predicted on CNBC on Wednesday that the stock market could go “materially higher” still, if the setup for a pro-economic growth Donald Trump presidency comes to pass. The prospects […]

(Harvest) Standish’s portfolio managers provide their thoughts on how the Fed’s decision to raise rates will affect the various types of fixed income assets they manage. To read this article:

(Valuewalk) People who work in hedge funds have the best work-life balance in the finance industry, according to a new survey. Around four-fifths of hedge fund managers reported their work-life balance being either great or satisfactory, according to a report […]

(Bloomberg) Highland Capital Management LP, a Dallas-based investment fund, sued the president of a New York investment firm, alleging he defamed the company by knowingly making false statements that were included in a news report. To read this article:

(FinAlternatives) Wall Street’s top banks were not immediately swayed Wednesday by signals from the Federal Reserve that the pace of interest rate hikes could pick up significantly next year, sticking instead to a view that the U.S. central bank will […]

(The Business Insider) A small hedge fund that is having a knockout year just gained the backing of a big-name investor. Svetlana Lee’s $25 million fund, New York-based Varna Capital, is receiving an investment from Paul Leff, cofounder of Perry […]

(Forbes) Michael Hintze, the billionaire hedge fund manager specializing in credit investing, is having a terrific year while most hedge fund managers continue to struggle.Hintze’s main hedge fund, the $2.7 billion CQS Directional Opportunities Fund, is up 30.2% in the […]

(Valuewalk) As the post-US election rally accelerated, products of hedge funds concentrated in US equities did very well while those with high concentrations in Europe, and certain emerging markets, generally did not do well, while thematic and systematic strategies were […]