(Bloomberg) News that hedge funds suffered redemptions of $25.2 billion last month may translate into some individual shops closing, but for the industry as a whole, it’s a drop in the ocean. The bad news is that this latest bloodletting […]

(Bloomberg) Carlyle Group LP, whose hedge fund business has been bleeding assets, is exiting its majority stake in $3.5 billion Emerging Sovereign Group after only five years. Carlyle, which was co-founded by David Rubenstein, held a 55 percent position in […]

(eFinancial) It’s only August, but many Asian hedge fund professionals are already facing up to the prospect of dire 2016 bonuses on the back of faltering performance in the sector. Figures from eVestment show that Asia-based funds are suffering the […]

(Harvest) With rates at record lows around the world, and still falling in many places outside the US, the ability to generate returns is an increasing challenge for investors. While some have reacted by looking down the credit spectrum at […]

(Reuters) A Cayman Islands court ordered that an outside expert help unwind a hedge fund managed by Platinum Partners, a New York-based firm facing dual investigations by U.S. regulators. A local judge on Tuesday appointed insolvency specialist RHSW Caribbean as […]

(Bloomberg) The world’s top performing hedge fund is shorting companies that are juicing their valuations by promising investors big dividends. AAM Absolute Return Fund, which according to HSBC Holdings was the world’s best performing hedge fund in 2015, is betting […]

(Bloomberg) Two Hong Kong-based managing directors at Credit Suisse Group AG plan to leave the bank to start a macro hedge fund, according to people familiar with the matter. Lucas Kiely, Credit Suisse’s head of cross-market trading, and Charles Firth, […]

(The Business Insider) There’s a whole lot of shaking going on. For decades Japan Inc. has frustrated the efforts of just about every foreign shareholder activist who has tried to storm its gates. Beginning with T. Boone Pickens’s 1989 bid […]

(The Business Insider) Direct Match, a Wall Street trading startup focused on the US Treasurys market, is exploring strategic options that could include a sale. The firm, which touted itself as the first all-to-all US Treasury trading platform, was launched […]

(HFMWeek.Com) London hedge fund manager Ledbury Capital Partners is closing its eponymous Master Fund and returning investor capital, HFMWeek has learned. HFMWeek understands the firm, which had around $103m AuM in mid-2015, is now exploring strategic opportunities it believes will […]

(Bloomberg) It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move the industry […]

(Yahoo Finance) A number of hedge funds snapped up cancer drug maker Medivation’s stock during the second quarter possibly making for a nice win. On Monday, Medivation’s (MDVN) stock surged around 20% after pharma giant Pfizer (PFE) said it would […]