HITC – Americas-based firms that each invest at least $1 billion managed a record high of $1.71 trillion as of Jan. 1, according to a report by hedge fund data and news service Absolute Return . Assets of the 293 firms on […]

Bloomberg – Richard Mashaal and Brian Gonick have set an ambitious target for their Senvest Partners LP hedge fund: Stocks they buy should have the potential to double or triple in price over one to three years. The strategy worked in 2013, when […]

Bloomberg – Goldman Sachs Group Inc. and Societe General SA can thank Janet Yellen for helping to get their bearish forecasts for gold back on track. After hedge funds piled into the precious metal this year with the most bullish bets in 16 months, […]

Reuters – A federal appeals court on Tuesday [March 25] rejected a bid by former Goldman Sachs Group Inc. director Rajat Gupta to overturn his insider trading conviction. The 2nd U.S. Circuit Court of Appeals rejected the claim by Gupta, also a […]

Bloomberg – As Russian president Vladimir Putin ratchets up tensions with the U.S. and its allies over the annexation of the Crimean peninsula, the geopolitical turmoil is prompting hedge funds to trade around the conflict. Carlyle Group LP’s Emerging Sovereign Group LLC, Greylock […]

SEC – The Securities and Exchange Commission today announced the agenda and panelists for its March 26 roundtable on the issues and challenges cybersecurity presents for market participants and public companies. The roundtable, announced in February, will begin at 9:30 a.m. […]

Bloomberg – The U.K.’s largest hedge funds are getting even bigger, with 20 firms controlling 82 percent of the assets under management, the country’s markets regulator said. The growing size of hedge funds creates a need for better oversight of […]

Reuters – A federal judge on Friday [March 21] gave final approval to JPMorgan Chase & Co.’s $218 million settlement to resolve class-action litigation accusing the largest U.S. bank of playing a central role in the huge Ponzi scheme of […]

BusinessWeek – Fintan, led by founder Alexander Klikoff, farms out money to fixed-income hedge funds, Cantor said today in a statement. The deal will bring Cantor’s assets under management and advisory to about $3 billion. Terms of the deal weren’t […]

BusinessWeek – – A federal judge on Friday [March 21] gave final approval to JPMorgan Chase & Co.’s $218 million settlement to resolve class-action litigation accusing the largest U.S. bank of playing a central role in the huge Ponzi scheme […]

Dealbook – Dmitry Balyasny is one hedge fund owner who isn’t afraid of hiring traders from SAC Capital Advisors as long as they were far away from the “messiness” that engulfed the firm during the federal government’s crackdown on insider trading. […]

WSJ – A U.S. hedge fund plans to bet as much as $100 million that it can collect on a court judgment against Iran for one of the deadliest terrorist attacks ever aimed at Americans, according to marketing documents and […]