Reuters – One of last year’s top-performing hedge fund managers, Deepak Narula, is suffering a reversal of fortune as the mortgage bonds that steered him to the top of the industry in 2012 are now delivering losses. His Metacapital Management’s […]

ValueWalk – The list of funds who tumbled in May and have continued to under-perform in June is getting longer by the day. Credit focused funds, especially those who trade mortgage backed securities, experienced a time of high performance as the Federal […]

Reuters – One of London’s largest hedge fund firms, Lansdowne Partners, has named Alex Snow, the former head of UK Investment Banking at Investec, as its new chief executive officer. Snow will take over from Lansdowne co-founder Paul Ruddock, who […]

Fox – This year’s early rally in U.S. natural gas prices dealt heavy losses to hedge funds that stubbornly maintained short positions in the face of brutally cold weather, and the price slide of the past two months has not […]

Bloomberg – A Manhattan mansion owned and restored by hedge fund Zimmer Lucas Capital LLC is under contract more than a year after it was put on the market. The buyer of the five-story townhouse at 7 W. 54th St. is a […]

IBJ – John Paulson, who made $15 billion betting against real estate and then saw his fortune shrink as gold slumped, is proving to be an effective insurance investor. Paulson’s hedge fund has more than doubled its money on Carmel-based […]

Reuters – Scout Capital Management, a U.S. hedge fund, said on Tuesday it is urging Canadian coffee and doughnut chain Tim Hortons to increase its debt levels in order to fund a share buyback, measures that Scout say should help […]

Reuters – Veteran credit trader Iftikhar Ali is launching his own hedge fund firm, a source close to the new company told Reuters, as traders look to cash in on turbulent bond markets. Ali, former head of international proprietary credit […]

Reuters – Paul Conway’s eventful career in China included advising companies on stock offerings and overseeing a messy business restructuring — the latter stint forcing him to hire a bodyguard to fend off harassment from local thugs. Now the 43-year-old former banker […]

Bloomberg – Born in Pakistan, Kashya Hildebrand spent 19 years working on Wall Street before starting anew as an art dealer in Geneva. In keeping with a life she characterizes as nomadic, she’s now moving her gallery to London from […]

MarketWatch – Scout Capital Management, a hedge fund managed by James Crichton and Adam Weiss, has reported a position of 8.4 million shares in Tim Hortons in a 13D filed with the SEC. The fund had initiated a position of 2.3 […]

Chicago Tribune – When Chicago aldermen wanted answers on Mayor Rahm Emanuel’s new parking meter deal, they heard the details not only from a City Hall lawyer and administrator but from a rich and influential businessman who has no official […]