Business Insider – Institutional investors haven’t been this happy with the performance of their hedge fund investments in years, according to a new survey by Preqin, a research and consultancy firm focused on alternative asset classes. In its December Hedge Fund […]

Motley Fool – In its second-quarter earnings announcement, Darden Restaurants revealed that it was planning on ditching Red Lobster. Management said that the Red Lobster brand had diverged from the Darden pack, and that it made more sense to spin it off […]

WSJ – Fidelity Investments launched two “event-driven” mutual funds, the latest foray by the firm into a sector traditionally dominated by hedge funds. The launch on Wednesday of the Fidelity Event Driven Opportunities Fund and Fidelity Advisor Event Driven Opportunities […]

Reuters – A U.S. jury on Wednesday found former London-based portfolio manager Michael Balboa guilty of fraud over a scheme to inflate his hedge fund’s assets and management fees by manipulating the value of Nigerian debt. Jurors issued their verdict […]

CNBC – Amazon never seems to be able to generate profits, yet the investing public continues to be amazingly tolerant, said Paul Isaac, founder of the $900 million hedge fund Arbiter Partners. “People are looking for growth, and they see […]

Mat Levine (Bloomberg) – Two things that I took away from Zions Bancorporation’s run-in with the Volcker rule today are: 1. I seem to have been wrong about one important effect of the Volcker rule, and 2. Zions had a […]

CNBC – A long-held perception is that hedge funds, especially those up big for the year, like to take it easy in December. Why keep risk on, the thinking goes, when you can guarantee a fat, marketing-friendly return for the […]

Reuters – The California Public Employees’ Retirement System (Calpers), the biggest U.S. public pension fund, has invested about $100 million in Asian credit hedge fund Double Haven, a fresh sign that investor interest in Asia-based managers is rekindling. Although the […]

Investment Europe – GLG has soft-closed its Market Neutral fund managed by Steve Roth after inflows took the strategy beyond $1bn (£610m) in size. The group has been preparing to soft-close the fund at $1bn for some time, and earlier […]

Motley Fool – Bridgewater Associates, the hedge fund founded by Ray Dalio, has a fascinating composition. It mixes concentrated investments in macroeconomic categories (usually through large, liquid ETFs) with a plethora of smaller positions. The fund’s equity holdings disclosed on […]

CNBC – A long-held perception is that hedge funds, especially those up big for the year, like to take it easy in December. Why keep risk on, the thinking goes, when you can guarantee a fat, marketing-friendly return for the […]

London Evening Standard – Arpad “Arki” Busson, one of London’s best-known hedge-fund managers, is merging his $3 billion (£1.83 billion) EIM Group with Switzerland’s listed Gottex Fund Management to create a business managing $10 billion by the middle of next […]