NYT – At a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife, offered his latest evidence to a handful of […]

HedgeWorld – The U.S. government has backed Argentina in one of its cases against sovereign bond investors who declined to participate in restructurings following the country’s 2002 default, according to a brief that was filed this week. The U.S. Supreme […]

Bloomberg – Billionaire hedge-fund manager John Paulson posted gains in his firm’s main strategies in February as bets on gold, mergers and credit paid off. Paulson & Co.’s event-driven Advantage Plus fund jumped 9.8 percent during the month and is up 13 […]

CNBC – Investment firms have sharply increased the protection they buy against macroeconomic shocks, so called “tail risk” hedging for a potential armed conflict in Eastern Europe. “There’s been an uptick in hedging activity—we’ve definitely seen funds add to tail […]

Reuters – The government’s star witness in the criminal trial of five former Bernard Madoffemployees is a lifelong liar whose “mind-boggling” history of falsehoods robs him of any credibility, a lawyer for one defendant told a federal jury on Thursday [March […]

ValueWalk – With the non-farm payroll report coming out on Friday, the market appears to be preparing for bear steepening (rising long-term rates) by increasing the net short position on short term U.S. Treasuries and increasing the net short on 10 year […]

HedgeWorld – CBOE Holdings Inc., which was fined $6 million last year for failing to properly police its own marketplace, will implement tighter rules for traders to help prevent fraud, according to a regulatory filing on Wednesday [March 5]. The […]

City AM – The Church of England is ramping up the exposure of its £6bn endowment to alternative investments such as hedge funds and private equity in a move that will cement its position as one of the UK’s largest […]

Bloomberg – Aviva Plc took a 132 million pound ($221 million) charge after saying two former employees breached its trading policy since 2006 to the benefit of external hedge funds. The insurer, which today reported full-year results, said it found […]

Reuters – Former Goldman Sachs energy trader Jonathan Goldberg’s hedge fund is up 7 percent on the year after the winter rally in U.S. oil and gas helped it recover from losses in the first four months after its launch […]

Bloomberg – Wall Street’s Class of 2013 is being poached earlier than usual by private-equity and hedge funds, showing it’s going to take more than Saturdays off for the biggest banks to keep their most ambitious employees. The rookies, who […]

BizJournals – The second annual Atlanta Hedge Fund Challenge will host nine teams from universities across the Southeast to pitch ideas to hedge fund and investment firm managers. Georgia State University, The Southeastern Hedge Fund Association and Valkyrie Capital LLC […]