WSJ – The catchall term is used to describe an industry with an estimated $2.4 trillion in assets and an array of portfolios that feature dramatically different investment strategies, tolerance for risk and goals for returns. “It’s a misguided term […]

Dealbook – The hedge funds Glenview Capital Management and Hayman Capital Management have swooped in on J.C. Penney shares, joining a list of hedge funds that have disclosed bullish views on the struggling retailer. Glenview said it has a 9.1 […]

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 ValueAct […]

FR – Former mining billionaire Nathan Tinkler appears to have sunk deeper into financial strife, suffering a falling-out with a key Asian hedge fund backer, which has resulted in his Aston Metals company being placed in receivership. Tinkler Group blamed the “unexpected” […]

A small but growing number of institutional investors are abandoning hedge funds in favor of their clones — hedge fund beta portfolios. But those still making up their minds had better hurry: The industry’s largest hedge fund beta manager, AQR Capital […]

InvestorPlace – A Chinese company’s plans to purchase the largest U.S. pork producer has hit a roadblock. On Tuesday, one of Smithfield Foods‘ largest shareholders warned its board of directors that it planned to vote against its proposed merger with Shuanghui International […]

Reuters – Hedge funds betting that the collapse in Finnish telecom group Nokia’s share price would continue got a rude surprise on Tuesday, and their rush to unwind their bets left the stock eyeing a record daily gain. Nokia shares, […]

Reuters – Hedge fund manager Michael Karsch is shutting down his 13-year-old firm, Karsch Capital Management, in order to “think about the next chapter” of his career. “I have decided to return capital to investors at the end of the […]

Stamford Advocate – The Hedge Fund Association, a global booster for the exclusive corner of high finance, announced Wednesday it had launched an academic advisory board designed to drum up support for the industry across this country’s university campuses. The five-person […]

Forbes – In one corner there is the brilliant octogenarian Martin Lipton, founder of one of the nation’s most powerful and influential law firms, Wachtell, Lipton, which made it’s name in the giant merger and acquisition battles of the past […]

MarketWatch – So far this year, the 30 most widely shorted stocks from the beginning of 2013 — as measured by the number of shares short as a percentage of the float — have returned 34%, outperforming the S&P 500 […]