(The Verge.Com) Two hedge fund managers have been indicted by the US Securities and Exchange Commission and Department of Justice for allegedly selling fake shares in Uber, Airbnb, and Alibaba, and using the money to pay for visits to Las […]

(Harvest) I received a lot of feedback, comments and a few questions after Connor Leonard’s guest post last week. Connor’s write-up was very well articulated, and deservedly received much praise. There were a few questions which we tried to address […]

(Harvest) You see, drawdowns are messy. They feel impossible, and that they will never end. They feel like it’s the first time such an investment has gone through such a losing stretch. Managed Futures is officially in the red for […]

(CNBC) Sick of your multimillion-dollar home? You could tear it down, as billionaire hedge fund manager Steve Cohen did, according to the New York Post.The newspaper reported Sunday that the founder of Point72 Asset Management tore down his mansion in […]

(Bloomberg) Hedge funds have had a tough 12 months and the first quarter of 2016 was the worst in at least seven years. Grief, however, is always relative. Those suffering in New York or London may find some comfort when […]

(Reuters) Hedge fund Pine River Capital Management will close its Pine River Fixed Income fund and return $1.6 billion to investors, to streamline its offering of funds, according to a letter to clients seen by Reuters. Brian Taylor, Pine River’s […]

(Mining.com) On Monday, gold built on sharp gains enjoyed on Friday after data out of the US showed employment growth in the world’s largest economy at a near-six year low, pushing back any interest rate hike well beyond the summer. […]

(Bloomberg) China Everbright Ltd., a Hong Kong-based money manager that runs more than $5 billion, is closing a China-focused hedge fund after performance suffered during the nation’s market rout last year. The firm has reallocated half of the money from […]

(Bloomberg) AMG will acquire stakes held by the Petershill Fund I, which has holdings in Winton Capital Group, Capula Investment Management, Partner Fund Management, Mount Lucas Management and CapeView Capital, the company said in a statement on Monday. To read […]

(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund lost money in May, its third straight monthly decline this year, according to two people with knowledge of the matter. The Brevan Howard Master Fund fell 0.3 percent last month, deepening […]

(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund lost money in May, its third straight monthly decline this year, according to two people with knowledge of the matter. The Brevan Howard Master Fund fell 0.3 percent last month, deepening […]