Reuters – U.S. hedge fund Aurelius Capital Management, which will take a stake in Co-op Bank under a rescue plan for the British mutual lender, is also protagonist in a lengthy and bitter court battle over Argentina’s debt default. The […]

Bloomberg – Adam Levinson, chief investment officer of Fortress Investment Group Inc. (FIG)’s Asia Macro funds, is in talks with the $58 billion alternative-asset manager about starting his own hedge-fund firm, according to one person familiar with the matter. No decision […]

Bloomberg – Kimberly Mounts, named a hedge fund “rising star” by Institutional Investor magazine in 2012 for her stewardship of MAP Alternative Asset Management Co. in Newport Beach, California, has died. She was 48. She died of cardiac arrest on Oct. 25 […]

The Guardian – It’s a long way from Beijing to Belgravia but London’s upmarket estate agents would be well advised to keep a close eye on developments in China over the next 10 days. The price of a mansion in […]

CNBC – Axial Capital Management, the once-$1.8 billion hedge fund firm seeded by Julian Robertson of Tiger Management, is shutting down following several years of losses fueled by short bets against stocks, according to two people familiar with the situation. […]

BOSTON (Reuters) – Hedge fund manager Daniel Loeb told investors that his Third Point Offshore Fund had returned 19.4 percent this year, ranking it among the industry’s best performers. In October, Loeb’s fund gained 1.2 percent while the Standard & […]

The Guardian – The Co-operative Group on Monday sought to reassure customers of its troubled banking arm that its ethical approach could be maintained as it confirmed that activist hedge funds were taking a crucial role in the £1.5bn rescue […]

247wallst – With a stock market that has posted a 23% gain on the S&P 500 Index so far in 2013, the Prime Brokerage team at Credit Suisse is starting to see some interesting changes in hedge fund trading. Across […]

NYTIMES – Two activist hedge funds, the Clinton Group and Cannell Capital, have joined forces to mount a proxy battle for control of the Internet and television shopping network ValueVision Media. The Clinton Group, which manages $1.5 billion in assets, […]

Commodities – Hedge fund industry compensation rose for the 3rd consecutive year, as trends of increased investor visibility, organizational transparency, increased reporting requirements and role evolution accelerated on record industry assets.  Average compensation rose between five and ten percent in […]

ValueWalk –  – This year has been a difficult one for shortsellers, but that has been the state of affairs for bearish investors for a long time. Following through with short bets to get to profits takes more patience than […]

Reuters – Bill Gross, manager of the world’s largest bond fund, urged fellow members of the “privileged 1 percent,” earning the highest incomes, to support higher U.S. taxes on carried interest and capital gains to help the economy. Gross, co-founder […]