The Business Journal – Hedge fund manager Bill Ackman isn’t done with Herbalife. In a letter to investors this week, Ackman claims that allegedly sketchy recruiting methods used by Herbalife distributors is continuing, even though the company promised the methods […]

Global Research  -Henry Swieca is a money man. The New York-based billionaire made his fortune by co-founding Highbridge Capital Corp., a hedge fund that boasted clients like the American International Group. Swieca, whose net worth is $1.2 billion as of September […]

Bloomberg – Roshan Padamadan, a former product specialist at HSBC Holdings Plc (HSBA), is starting a hedge fund that will invest in liquid securities including stocks, bonds and derivatives globally. Luminance Global Fund will invest in companies “where the business […]

NYT – Elliott Management, the New York-based hedge fund company founded by Paul Singer, reiterated Monday that it had no plans to participate in a tender offer by the McKesson Corporation for the German pharmaceutical wholesaler Celesio unless the deal were sweetened. […]

London Evening Standard – The hedge fund “masters of the universe” were left trailing by soaring stock markets this year, according to the latest figures from Hedge Fund Research. So far this year, the average hedge fund is up 8.2% […]

4 Traders – For hedge funds that made money this year there was only one strategy that really mattered – latching onto the stockmarket rally. For everyone else 2013 proved another tough year as big-name funds as varied as global […]

Global News – The British Columbia Securities Commission has accused a hedge fund manager and financial blogger of fraud involving allegedly false claims about Silvercorp Metals Inc. (TSX:SVM). Silvercorp’s shares fell 20 per cent after Jon Richard Carnes published a […]

Gannet – A Congers hedge fund manager who was accused of defrauding investors out of more than $2.7 million pleaded guilty to four criminal counts Thursday. Stephen Colangelo Jr., who prosecutors said ran a scam that involved misleading investors by […]

Wired – Somewhere, out on the web, there’s a secret Twitter account that’s one hell of a stock picker. So far, the thing has recommended seven stock trades — all to a private group of traders — and each one […]

Bloomberg- BlackRock Inc. (BLK), the world’s biggest money manager, is raising as much as $3 billion for a hedge fund to invest in credit globally, according to two people with knowledge of the pool. The firm began marketing BlackRock Credit […]

CNBC – Most of the talk in the hedge fund industry has been around two hot strategies this year. Those executed by stock-focused managers like Jeffrey Altman’s Owl Creek Asset Management and Larry Robbins’ Glenview Capital Management who rode the […]

BusinessWeek – When BlueCrest Capital Management LLP founder Michael Platt expanded into stocks this year to compete with Millennium Management LLC and SAC Capital Advisors LLP for traders, he tapped an unusual funding source: his banks. He received a $750 […]