(Bloomberg) Theranos Inc. and founder Elizabeth Holmes were accused in a lawsuit of duping investors about the embattled medical-testing firm’s performance and technology to raise about $100 million in funding for the startup. Partner Investments LP sued Theranos in Delaware […]

(Valuewalk) Hedge fund performance continues to improve as the year drags on, with small gains reported for the month of September. However, funds still aren’t having a spectacular time of things, as on average, they gained less than 1% during […]

(Harvest) Every quarterly earnings season is filled with both winners and losers. Lately the losers have outpaced the victors, with next season shaping up to be another disappointment. Some of the biggest flops are expected to come from big names […]

(Harvest) A toxic mix of short-sighted policy and isolationist politics is endangering the global economy. In his recent talk at the Strategic Investment Conference 2016, David Rosenberg of Gluskin Sheff argues that there are growing threats looming over the global […]

(Bloomberg) Leon Cooperman, the hedge-fund manager accused of insider trading, said Tuesday that his Omega Advisors Inc. will continue investing money for clients even as its assets have dropped to $4 billion. “I have to make adjustments in the team […]

(Bloomberg) Saka Capital, the money manager started seven years ago by a former Lehman Brothers Holdings Inc. trader, is closing its credit hedge fund as record-low interest rates put a damper on returns. The Singapore-based asset manager is liquidating the […]

(Agrimoney.com)Hedge funds, deterred by data showing the biggest US wheat stocks in 29 years, turned their most bearish ever on Chicago wheat futures and options – ironically, raising hopes of support for prices of the grain. Managed money, a proxy […]

(Reuters) Activist investor Bulldog Investors LLC urged New York REIT Inc to hold a meeting of its shareholders to elect a new board to oversee a planned liquidation of the company’s assets. The board at New York REIT was elected […]

(Reuters) Fund managers in Singapore saw a 9 percent increase in assets under management to S$2.6 trillion ($1.90 trillion) in 2015, buoyed by growth in the alternative asset sector, the city-state’s central bank said on Wednesday. Assets under management (AUM) […]

(Bloomberg) Since the morning of Sept. 23, shares of social media platform Twitter Inc. have been trading almost solely based on expectations of imminent M&A activity. By early October, reports of multiple interested suitors — including Alphabet Inc., Walt Disney […]

(Bloomberg) Science fiction author William Gibson once observed that “The future is already here, it’s just not evenly distributed.” The same can said for alpha, or the ability of money managers to deliver market-beating returns. Reports of high fees and […]

(FinAlternatives) The U.S. hedge fund industry has $2.2 trillion in assets managed by 3,170 hedge fund managers on behalf of 3,209 investors, according to new data from alternative investment industry observer Preqin, accounting for 72% of the industry’s approximately $3.1 […]