(HITC Business) If money talks, then one of the things it has been saying this summer is that investors are no longer interested in hedge funds. Investors withdrew $25.2bn from hedge funds in July, according to eVestments. This is the […]

(Chicago Business) A New York hedge fund has increased its ownership stake in Tronc and may get involved in talks to sell the newspaper publisher. HG Vora Capital Management, which has been an activist shareholder in the past, made a […]

(Financial Standard) The founder and former chief executive of listed business telco provider Vocus Communications has launched an asset management firm. James Spenceley formed Vocus in 2008; in September last year, it merged with M2 Group to become a major […]

(Bloomberg) Copper is stuck in a rut. While other metals have shined in 2016, copper has struggled to gain traction and last week erased its gains for the year. Demand in China, the world’s biggest user, is slowing just as […]

(Yahoo Finance) Teenage hedge fund manager Jacob Wohl — nicknamed “Wohl of Wall Street” — had his first run-in with a regulator.The National Futures Association (NFA) — a self-regulator for the US futures market — has issued a complaint against […]

(Reuters)Former BlueCrest Capital Management portfolio manager Ashish Goyal is set to join hedge fund manager Citadel, a Citadel spokesman said on Thursday.Goyal will start at Citadel’s London office in November and will be a portfolio manager on its global fixed […]

(Valuewalk) Steve Eisman is somewhat of a celebrity in the hedge fund world. And after the release of the film adaptation of Michael Lewis’s The Big Short, Eisman has also become a star outside of the financial community as well. […]

(Valuewalk) With all the talk of diminishing hedge fund returns and big redemptions, there are several categories in the HSBC Hedge Weekly performance report that appear to be bucking the trend. In some cases, category averages are significantly influenced by […]

(Reuters) Struggling retailer Sears Holdings Corp (SHLD.O) posted a quarterly net loss, and the company said it accepted additional debt financing of $300 million from billionaire Chief Executive Edward Lampert’s hedge fund. The company had said in April that it […]

(Bloomberg) Stock traders who stuck with China’s most painful short sale are finally getting some relief. After suffering through a 953 percent rally in shares of Yirendai Ltd. since mid-February, hedge funds and other bearish speculators were rewarded in the […]

(Bloomberg) Andrew Manuel, a co-founder of the $2.5 billion hedge-fund firm LMR Partners LLP, is preparing to start his own global macro hedge fund with two partners later this year, according to two people with knowledge of the matter. Manuel […]

(Bloomberg) For hedge funds, the news is getting worse. Investors pulled an estimated $25.2 billion from hedge funds last month, the biggest monthly redemption since February 2009, according to an eVestment report. The monthly withdrawals were the second straight for […]