Dealbook – The lawsuit brought by the hedge fund Perry Capital against the federal government over the Fannie Mae and Freddie Mac bailout may be the case that finally subjects the government’s bailout practices to closer outside scrutiny. The Fannie […]

Money Observer – Hedge fund firm GLG Partners has launched a ‘value driven’ Total Return fund for investors. The UK-domiciled Ucits fund will invest across a range of liquid asset classes, including equities, foreign exchange, sovereign bonds, currencies, credit, rates and commodities. […]

Bloomberg – Hedge funds raised wagers on a gold rally as speculation that the Federal Reserve will hold off on curbing stimulus drove prices toward the biggest gain in 18 months. Goldman Sachs Group Inc. expects the rally to reverse. […]

NY Post – Hedge fund mogul Bill Ackman likes to say short selling causes “brain damage” — and his $1 billion short on Herbalife is proving a case in point. Herbalife shares have surged in the past two weeks, pushing […]

Money – The lure of high returns that aren’t correlated to other markets has led to an explosion of global hedge fund money, to more than US$2 trillion. Unfortunately, “explosion” also describes a number of hedge funds that literally blew […]

Reuters – Deepak Narula’s main hedge fund, of one last year’s best performers, fell 10.4 percent in the second quarter, its deepest quarterly loss ever, pummeled by fears that interest rates would rise, Narula said in a letter to investors. […]

Reuters – Valvoline motor oil maker Ashland Inc said it was considering selling its water technologies unit, but activist investor Jana Partners said the company needs to do more to boost value for shareholders. Ashland’s water treatment business, the third largest […]

Inquisitir – Renata Shamrakova, who stole nearly $1million in her role as a hedge fund manager’s assistant, has now turned to crowdfunding in an attempt to stay out of prison. The 28-year-old, who was Todd Meister’s assistant, was ordered to […]

Risk.Net – Winner of best diversified fund of hedge funds over one year and FoHF of the year, SkyBridge Multi-Advisor behaves more like a multi-strategy fund with high conviction positions that produce alpha If it walks like a duck and […]

ABC – Hedge funds were once the rock stars of the financial industry. The smartest people worked for them. The wealthiest gave them their money. They were an easy path to fortune. But if that get-rich-quick narrative was an exaggeration […]

Risk.Net – Donald Sussman, founder of Paloma Partners, is a pioneer of quantitative investment strategies, and a champion of talented hedge fund managers. The Cuban revolution was the catalyst that launched the financial career of Donald Sussman. As a precocious […]