NYT – Vodafone is right to defy the hedge funds over its $10 billion bid for Kabel Deutschland. The London-listed mobile giant says it won’t alter its agreed offer for the German cable company, even after Elliott Management and Davidson […]

iStockAnalyst – ETF’s are one of the greatest financial inventions of the last 20 years. The ETF has surged to incredible popularity with both regular investors and hedge-fund billionaires alike because of the long list of benefits these instruments offer. […]

Reuters – Hedge fund manager Mick McGuire is not an art collector and has never felt the thrill of bidding in a Sotheby’s (BID.N) auction, where adrenaline spikes with each multimillion-dollar sale of a Cezanne, Rothko or Picasso. Still, he […]

Vodafone Group Plc (VOD)’s 7.7 billion-euro ($10.2 billion) takeover of Kabel Deutschland Holding AG (KD8) is under threat amid speculation that a hedge fund that boosted its stake in the target did so to squeeze extra cash from the deal. […]

Buzzfeed – Carl Icahn, the billionaire investor who’s been fighting a buyout of Dell by co-founder Michael Dell and Silver Lake Partners for most of this year, has given up. Icahn, in an open letter to fellow shareholders today, said […]

USA Today – A Memphis-based asset management firm known as a value investor has scooped up a big chunk of Rupert Murdoch’s News Corp. Southeastern Asset Management has acquired a nearly 12% voting stake in News. Corp, according to regulatory […]

CBC – A small, U.S. hedge fund wants to break up Canadian mining giant Barrick Gold, saying its collection of mining assets is spread out over too broad of a geographic area, which has led to a disappointing shareholder return. […]

CNBC – It took a TSA run-in gone wrong for former hedge fund manager Julie Macklowe to take the leap and join the cosmetics world after leaving the financial industry. After spending more than a decade in finance, at companies […]

Bloomberg – Hedge funds agreed to lease out more than twice as much office space in London’s West End this year as in the whole of 2012 as firms including BlueBay Asset Management LLP and Elliot Management Corp. expanded, U.S. […]

Bloomberg – Hedge funds’ combined holdings in gold futures increased to the most bullish since January on mounting concern that conflict in the Middle East will boost crude-oil prices, slowing economic growth and stoking inflation. The net-long position rose 3.6 percent to […]

Bloomberg – Paul Singer, the billionaire hedge-fund manager, boosted his stake in Kabel Deutschland Holding AG (KD8) to become one of its biggest shareholders days before a deadline for investors to decide whether they’d accept Vodafone Group Plc (VOD)’s takeover bid. Singer and […]

Forbes – Microsoft called it a cooperation agreement and made the announcement late on Friday, just prior to the Labor Day weekend and some pretty big deal making news, but there is no masking the huge victory that hedge fund […]