(Reuters) World shares rose on Friday and were on course for their best month in four years, led by Europe’s best month in over six years, as global central banks kept stimulus policies intact and many hinted at further steps […]

(Bloomberg) Sean Debow plans to start a new hedge fund at Asiya Investments Hong Kong that bets on rising and falling stocks in the Asia-Pacific region, after leaving Matchpoint Investment Management Asia.Asiya Interlink Asia-Pacific fund will start trading in November […]

(Hedgefund Intelligence) Eton Park Capital Management delivered its flagship multistrategy fund by nearly 50% prior to the recent market turmoil, putting a few hundred million dollars into cash. The $6.3 billion Eton Park Fund fund was at 0.94x leverage as […]

(Reuters) Hedge fund Kerrisdale Capital on Thursday announced a short bet against spectrum holding company Straight Path Communications, saying the $500 million company is worth 90 percent less than its current market capitalization. Straight Path’s stock price tumbled 32 percent […]

(Bloomberg) Weavering Capital (UK) Ltd. founder Magnus Peterson became the second convicted financier in two weeks to be banned from the industry as a U.K. regulator sought closure in some of the country’s biggest scandals following the financial crisis. Peterson, […]

(Reuters) The Canada Pension Plan Investment Board has invested money with hedge fund firm Engineers Gate, its latest bet on so-called “quant” managers whose market bets are guided by elaborate computer algorithms, according to a recent disclosure. CPPIB, which invests […]

(Bloomberg)New York Life Insurance Co. hired Direxion Investments’ Brian Jacobs to lead retail distribution at its global asset manager, as the firm builds its business in exchange-traded funds. Jacobs, 55, previously worked as president at Direxion, an ETF sponsor, where […]

(Reuters) A U.S. appeals court wrestled on Wednesday with whether a recent appellate ruling that limited the scope of insider trading laws meant that the 2014 conviction of former SAC Capital Advisors portfolio manager Mathew Martoma should be reversed. Martoma’s […]

(Benzinga) Leon Cooperman’s Omega Advisors hosted an investor conference call on October 19 to detail top holdings and outlook. The call was followed by an investor presentation sent to stakeholders. Alphabet ranked as the fund’s largest holding, representing 4.4 percent […]

(Harvest) Position sizing is one of the most valuable skills a portfolio manager can demonstrate, and many owe their success to a handful of competencies. How then do the best hedge funds significantly outperform? Expressing conviction in your best ideas […]

(Agrimoney.com) Hedge funds sold wheat at the fastest rate on record as forecasts for rain eased concerns over autumn-sown crops in the former Soviet Union and US, but speculators maintained their faith in a sugar rally. Managed money, a proxy […]

(Bloomberg) Hedge-fund manager Kyle Bass has persuaded a federal agency that a Celgene Corp. patent on the blood cancer drug Revlimid may be invalid. The U.S. Patent and Trademark Office on Tuesday said Bass’s Coalition for Affordable Drugs has a […]