Reuters – Several small U.S. hedge funds outperformed the pack in 2014 with double-digit returns, including some with quantitative and multi-strategy approaches. Data from Hedge Fund Research showed the average fund gaining only 3.6 percent last year, while the Standard […]

Motley Fool – Even Caesars Entertainment’s (NASDAQ: CZR ) bankruptcy plans aren’t going to be a straightforward process, much like its operations since it became a public company once again. Today, hedge fund Appaloosa Investment LP and other second lien […]

CNBC – The hedge fund industry has two new massive independent money managers to start 2015. Leda Braga formally started Systematica Investments this month after years under prominent European hedge fund firm BlueCrest Capital Management. Geneva-based Braga manages the same […]

Reuters – The Netherlands’ PFZW has become the latest major pension fund to announce it will no longer use hedge funds to manage investments, citing excessive costs, complexity and a lack of performance. The fund, which represents around 2 million […]

Bloomberg – HT Capital Management, the Hong Kong-based investment firm run by the husband and wife team of Karl Hurst and Ophelia Tong, is shutting its hedge funds because of high operational costs and “disappointing performance.” HT Capital will close […]

BusinessWeek – It took less than a year for Meredith Whitney’s hedge fund to begin unraveling. Her American Revival Fund started investing in heartland stocks in November 2013, after the Wall Street star predicted on TV and in a book […]

WSJ – Wall Street analysts are recommending investors buy stocks of large U.S. companies. But some hedge funds are holding back. Prominent firms, such as the $14 billion CQS LLP and Passport Capital LLC, which manages $4 billion, have cut […]

WSJ – Hedge funds looking for higher payouts in corporate buyouts scored a win this week. In a case stemming from the 2012 buyout of Ancestry.com Inc., a judge on Monday ruled shareholder Merion Capital LP didn’t have to prove […]

NYP – The man accused of killing his millionaire Manhattan dad is straight out of the horror flick “American Psycho’’ — “able to charm .?.?. with his good looks and his waspy background, but behind that, he was dangerous,’’ a […]

WSJ – The former head of Deutsche Bank AG ’s residential mortgage-backed securities trading group has struck a deal with Grosvenor Capital Management LP for $50 million in startup cash in exchange for a cut of fees earned from his […]

Value Walk – Despite a steady bull market, Hedge Funds have collectively struggled during 2014. On average, hedge funds posted returns of just 2% during 2014, compared to the S&P 500’s 2014 gain of over 12%. Since the 2008 recession, […]

WSJ – A piece of one of Europe’s largest hedge-fund firms is on the block. Zurich reinsurer Swiss Re is looking to sell its minority stake in Brevan Howard Asset Management LLP, which manages more than $30 billion in several […]