Opalesque – In the week ending 03 October, 2014, the largest American-based hedge funds are controlling more assets than ever before: combined assets are at $1.84 trillion trillion as of July 1, according to the just-released biannual survey published by […]

DealBreaker – Over at the New Yorker today, you will find a long piece exploring the coming undone of the hedge fund formerly known as SAC Capital, now Point72 Asset Management, at the hands of a trader formerly known as […]

The New Yorker – Dr. Sid Gilman approached the stage, the hotel ballroom quieted with anticipation. It was July 29, 2008, and a thousand people had gathered in Chicago for the International Conference on Alzheimer’s Disease. For decades, scientists had […]

Reuters – Brevan Howard, one of the world’s biggest hedge fund managers, recorded a 4.4 percent gain in its main macro hedge fund in September, a letter to investors obtained by Reuters showed. The gain, the highest monthly return by […]

WSJ – RadioShack Corp. struck a last-minute deal with hedge funds to stave off a bankruptcy filing, but the price could be control of the company. Hedge fund Standard General LP, the struggling electronics chain’s largest shareholder, has stepped in […]

NASDAQ – George Soros has a net worth of $24 billion. Carl Icahn is worth $25.7 billion. John Paulson’s $13.7 billion net worth is downright paltry by comparison. What do these gentlemen have in common, other than being absurdly wealthy? […]

Bloomberg – Hedge funds increased bets on rising oil prices just before crude futures tumbled to a 17-month low on signs that global supply is outstripping demand. Prices capped the biggest weekly decline in two months after money managers boosted net-long […]

MSN – A multi-millionaire mathematician turned hedge fund boss faces an “astronomical” £19 million pound legal bill after losing the latest round of a bitter and costly court battle with his estranged wife. In what is thought to be the […]

CNNMoney – One of the most prominent leaders of Hong Kong’s democracy movement is not a student, academic or professional protester. He used to work for a hedge fund. Relatively few finance professionals have given public backing to the protesters […]

Reuters – The creation of a mammoth database that was ordered up in the wake of the Flash Crash will cost $255.6 million over five years to operate, according to the average cost estimate of six entities vying to build […]

WSJ – The California Public Employees’ Retirement System is no longer a fan of hedge funds. I never was. But our reasons aren’t exactly the same. With $295 billion in assets, Calpers discovered the challenge of finding great hedge funds […]

Reuters – Hedge funds have trimmed their bets on rising interest-rate volatility since the beginning of this year, according to the results of a quarterly survey of senior credit officers conducted by the Federal Reserve. About 25 percent of dealers […]