(Valuewalk.com) Lyxor Research published a report titled A New Era for Hedge Funds? earlier this week. The report highlights that while hedge funds have underperformed traditional asset classes during the last few year, there is good reason to think the […]

(Bloomberg) Steven Schonfeld amassed a billion-dollar fortune by seizing on short-term market moves. Sitting in a Park Avenue office dressed in a black hoodie and white sneakers, the 55-year-old former stockbroker described a plan to compound his wealth by finding […]

(Reuters) The U.S. Internal Revenue Service is cracking down on hedge funds, challenging a tax strategy called “basket options” that is used to claim billions of dollars in tax savings, the New York Times reported. Hedge funds using the options […]

(Pension & Investments) Hedge fund returns ended the first half of the year positively, with the HFRI Fund Weighted Composite index returning 2.4% in the six months ended June 30. The index’s six-month return, calculated by Hedge Fund Research, topped […]

(Financial Times) A London hedge fund analyst who admitted to accessing and copying “extremely valuable” computer code used in trading algorithms has been sentenced to four years in the klink for fraud. Ke Xu, a Chinese national, had been accused […]

(Yahoo) Many individual investors are feeling less confident in light of uncertainties in Greece and China. But the smartest of the “smart money” — hedge funds — are weeding out the noise and making their picks. “Hedge funds in general […]

(Forbes) In what has become an annual summer tradition, Warren Buffett has once again donated a breathtaking sum of money to charity. This year: more than $2.8 billion. Buffett announced the gift of 20.64 million Berkshire Hathaway class b shares […]

(Hedge Fund Law Report) Regulators and investors have placed increased emphasis on the management of conflicts of interest by hedge fund managers. Fund managers must ensure conflicts are identified, mitigated and properly disclosed. In addition, fund managers must establish a […]

(Hedgetracker.com)The rankings for the Top Connecticut Hedge Funds have been released, revealing that the top 50 hedge funds oversee a combined $183 billion in equity assets. Overall, the hedge funds on the list saw their assets increase by $6.3 billion, […]

(Reuters) A New York judge has thrown out the conviction of former Goldman Sachs Group Inc (GS.N) programmer Sergey Aleynikov, saying prosecutors failed to prove that he broke an “obscure” law by copying some of the bank’s high-frequency trading code. […]

(Reuters) Greece’s outspoken finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Leftist Prime […]

(Bloomberg) Hedge funds, which proved to be experts on getting the Treasury market wrong earlier this year, are becoming better at getting it right. Large speculators including hedge funds trimmed their short positions in 10-year notes to almost zero last […]