(Bloomberg) Hedge-fund manager Vikram Kumar, who returned 27 percent last year overseeing money for TT International, is preparing to separate from the London-based investment firm, according to a letter to investors. Kumar is leading a team that will acquire management […]

(Bloomberg) Puerto Rico was sued in New York by a group of hedge funds claiming it’s illegally using an emergency fiscal-crisis law to dodge payments on $3.5 billion in bonds that are supposed to be guaranteed by the island’s constitution. […]

(Reuters) – Sanjay Valvani, a hedge fund manager at Visium Asset Management who had been charged with insider trading, was found dead in an apparent suicide on Tuesday, CNBC reported, citing Dow Jones. Federal officials earlier this month arrested Valvani […]

(The Business Insider) JPMorgan Chase and Goldman Sachs are likely to be hardest hit among America’s biggest banks by a possible British disavowal of the European Union this month…Bloomberg News reports that the two U.S.-based firms are ‘most exposed to […]

(Hedgetracker) The latest Top Technology, Media and Telecom Hedge Fund list has been released, revealing that the top 75 Funds currently manage $188 billion in assets. Nineteen of the hedge funds on the top TMT list have seen their assets […]

(Bloomberg)Hedge-fund managers are sensing opportunity. After enduring the worst first-quarter returns since the start of the financial crisis, the prospect of Britain voting to leave the European Union is creating the market turmoil that can make them money. As shock […]

(New York Post) The hedge fund at the center of a scandal involving corruption charges against former Correction Officers Benevolent Association president Norman Seabrook was able to convince a Manhattan judge Monday that it has the cash to repay a […]

(Mining.com) On Monday gold continued to bubble under the psychologically important $1,300 an ounce level following a volatile week where the metal briefly reached a nearly two-year high. In mid-day trade on Monday gold futures in New York for delivery […]

(Bloomberg) Franklin Templeton Investments, a fund manager with $740 billion in assets, is pouring money into shares of independent oil exploration and production companies, betting that crude prices will rise further. The California-based fund manager, which is among the largest […]

(CNBC) CNBC’s Dominic Chu reports on hedge fund Visium Assets Management. The deal could be announced as early as today. To read this article:

(Business Insider) Visium Asset Management, a multibillion-dollar hedge fund, has imploded in the biggest scandal to hit the industry in years. The fund told investors of its plan to close in a letter Friday. It’s the most high-profile shutdown since […]

(FinAlternatives) Hedge fund performance was mixed at June’s midway point as global financial markets collectively worried about U.S. interest rate hikes and Britain’s referendum on membership in the European Union, according to a flash update from Hedge Fund Research. The […]