Reuters – EU lawmakers and member states agreed on Tuesday [Feb. 25] to curbs for fund managers’ pay similar to new rules for bankers, including a three-year deferral of 40 percent of bonuses. The legislation could be in place next […]

North Jersey – A group of Washington, D.C.-area hedge funds has acquired a stake in ConnectOne Bancorp in Englewood Cliffs, which is poised to more than double in size through a proposed merger with a Union County rival. According to a […]

Forbes – Trading ahead of client accounts. Insider trading. Breach of fiduciary duty. These were just some of the concerns that the SEC had when it adopted the requirement for investment advisers to establish policies to monitor employee personal trading in 2004.  While […]

Reuters – Ireland’s central bank will examine corporate governance and outsourcing in the investment funds industry this year, putting the world’s biggest centre for hedge fund administration under a spotlight. Ireland has built itself up as a major international funds […]

Money News – Paulson & Co., the hedge-fund firm founded by billionaire John Paulson, is in talks to buy a resort complex in Puerto Rico. Paulson & Co. is seeking to acquire La Concha Resort and the Condado Vanderbilt, neighboring […]

CT Post – Consumer advocate and former presidential candidate Ralph Nader wants to shake up 2016 presidential politics. A crowd of billionaires have shown their interests to be independent in many cases from the major two-party agenda. Scroll through above […]

Baltimore Business Journal – An activist shareholder is leaning on Tribune Co. to make a series of a moves that would boost the value of its shares, according to a report by the Wall Street Journal. Hedge fund Blue Harbour Group owns […]

Bloomberg – Richard Skeet, who traded asset-backed securities at Citigroup Inc. (C) in London, has joined East Lodge Capital Partners LLP, according to two people familiar with the matter. Skeet, who spent a decade at Citigroup, will work as a money manager at East […]

Reuters – Hedge funds launched in Asia in 2013 raised a fifth less than a year before as more managers launched funds with smaller sizes, according to a survey. As funds found it tougher to attract investors in one of […]

HedgeWorld – Billionaire investor Carl Icahn accused eBay Inc. Chief Executive John Donahoe of failing to spot – or ignoring – conflicts of interest on the company’s board and called again for the spinoff of its fast-growing PayPal payments business. Icahn, who […]

Bloomberg – Dymon Asia Capital (Singapore) Pte is joining with Carl Vine, a former SAC Capital Advisors manager, to start a global equity long-short hedge fund with a bias toward the Asia-Pacific region. The Port Meadow fund will be run by an investment team […]

Reuters – U.S. securities regulators are studying whether more proprietary high-speed trading firms should register as broker-dealers, which would subject them to greater oversight, a U.S. Securities and Exchange Commission official said on Friday [Feb. 21]. Speaking at the Practicing […]