(Daily Alts)North America-based funds-of-hedge-funds (“FoHFs”) underperformed their counterparts in Europe and Asia in 2015, but still managed to grow their asset base, even as European and Asia-Pacific funds saw their assets decline. These were the main findings of Preqin’s “Fund […]

(Bloomberg) Hedge funds holding debt in Puerto Rico’s Government Development Bank sued to stop the island’s key fiscal entity from making payments to local government agencies as it faces a growing cash shortage and the prospect of insolvency. The funds, […]

(Hedgefund Intelligence) We are currently witnessing an unprecedented opportunity in the world of M&A arbitrage, with deal spreads at historical wides and a wave of merger activity ahead. This perfect storm of wide deal spreads and frantic deal volume could […]

(Preqin.com) The latest data from Preqin finds that the infrastructure deals market saw further robust activity in the first quarter of the year, as 223 deals were announced worth a combined $45bn. Preqin expects these figures to rise by up […]

(Hedge Fund Law Report) Hedge fund managers must guard against insidious issues that can give rise to conflicts of interest or trigger anti-fraud violations, such as liquidity issues caused by a manager’s operation of multiple funds. See “Operational Conflicts Arising […]

(Harvest) The release of millions of documents from a Panamanian law firm has sparked international attention concerning widespread use of offshore accounts and potential cases of corruption. To read this article:

(Bloomberg) Bill Gross was warned he would lose his bonus if he quit Pacific Investment Management Co. before the end of the quarter, Pimco said in a court filing, challenging the central claim in his lawsuit against his former employer […]

(Agrimoney.com) Hedge funds showed some poor timing in the corn markets, by selling shorts ahead of last week’s big sell-off, while speculators are still pumping up the size of their net-long on sugar, data from the Commodity Future’s Trading Commission […]

(Mining.com) Equities, yields, oil, the dollar and gold were all in pull-back mode on Monday as the metal failed to capitalize on renewed worries about US and global economic growth. Traders in gold futures in New York pushed gold for […]

(Bloomberg) A Connecticut hedge fund manager must surrender almost $81 million in profit from aiding Thomas Petters’s $3.5 billion Ponzi scheme, an appeals court ruled. Marlon Quan concealed evidence of the Petters fraud, partly by engaging in $187 million in […]

(Hedgetracker) The Top New York Hedge Funds overcame a tough quarter by squeaking out a 0.3% gain. This past quarter’s positive performance was driven by an elite group of 29 hedge funds who all saw their assets increase by more […]

(Harvest) Raoul Pal’s calls on the 2015 strong dollar, crash in oil prices, fall in emerging markets, the fall in junk bonds and devaluation of the Renminbi all occurred throughout 2015. In this in-depth Real Vision interview Raoul shares his […]