(Harvest) Hedge funds don’t get a lot of love these days. They’ve underperformed for years, and their fees — the standard is 2% of assets and 20% of profits — make them pariahs in the age of indexing and low-cost […]

(Valuewalk.com) Owen Li, a New York hedge fund manager, founded Canarsie Capital and lost nearly all the $57 million he had under management within weeks. He was expected to serve five years, as reported here on March 29th but the […]

(Reuters) U.S. hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union. […]

(Reuters) Prashant Kolluri, a former executive at Investcorp and Sterling Ridge Capital Management, said on Tuesday he has joined investment firm Quest Partners LLC as president.Kolluri will work to boost the assets of Quest, a manager of quantitative hedge funds […]

(Bloomberg) The University of Michigan plans to invest $126 million in four funds, including one that focuses on private, mid-sized companies in the Nordic region and another that bets on Latin American agribusinesses. The school, with a $10 billion endowment […]

(MarketWatch) Microsoft Chief Executive Satya Nadella, appears to be following Microsoft’s tradition of overpaying for acquisitions in purchase of LinkedIn. Microsoft Corp. has a dismal history of overpaying for huge acquisitions that don’t work out, and Chief Executive Satya Nadella’s […]

(Daily Alts) Are Hedge Funds Superior to Liquid Alts?Alternative mutual funds have several advantages over hedge funds that employ the same strategies: They’re more liquid, they’re more transparent, and they have lower fees. For retail investors that fall short of […]

(Fin Alternatives) Hedge funds gained ground for the third consecutive month in May, according to new data from SS&C GlobeOp’s Hedge Fund Performance Index. The measure returned 1.26% during the month, following 1.19% in April and 0.90% in March. It […]

(Fin Alternatives) The hedge fund industry has booked its longest stretch of positive performance in a year with a gain in May, according to new research from industry data provider Preqin. Preqin’s aggregate hedge fund industry performance benchmark returned 0.93% […]

(Reuters) U.S. telecommunications rivals Verizon Communications and AT&T are set to go through to the third and final round of bidding in the auction for Yahoo’s core internet assets, according to people familiar with the matter. After holding a board […]

(Zacks) Chinese e-commerce juggernaut Alibaba Group Holding Limited’s BABA affiliate Ant Financial has reportedly invested in Shanghai Suntime Information Technology Co., a financial data provider. Though there hasn’t been any official announcement, media reports indicate that the deal is worth […]

(Bloomberg) The former UBS Group AG trader’s hedge fund reckons the larger economy will cope better in its search for new drivers of growth than New Zealand, which is threatened by falling dairy prices. Aussie is set to recover to […]