Pensions & Investments – Zombie fund restructurings are similar to coordinated liquidations of hedge fund side pockets, said Peter McGrath, president of Toronto-based Setter Capital Inc., an alternatives investment firm that invests on the secondary market. In both cases, investors […]

Miami Herald – Until a couple of months ago, Takashi Yamada had one of the most genteel jobs in Japan. Now, his days are so harried he doesn’t have time to eat lunch. Yamada, 45, is a government-bond trader at […]

USA Today – For hundreds of years, family offices have been the financial equivalent of social registers — small, musty preserves of the rich that have little impact on the real world. But now, because of a giant regulatory loophole, […]

Reuters – U.S. regulators have obtained a court order freezing the assets of a Thailand-based trader, saying he reaped $3.2 million in illegal profits after getting a tip ahead of the announcement that a Chinese meat company was buying Smithfield […]

Reuters – Two small investment firms that manage money for SAC Capital Advisors have a lot at stake, as billionaire investor Steven A. Cohen moves to return about $4 billion to his outside investors. The firms, Adams Hill Capital and […]

Money Journal – Currency-focused hedge funds performed poorly as the dollar swung back and forth in May and even worse during the greenback’s fall this week, according to a widely watched barometer of these investors’ returns. The Parker Global Currency […]

Bloomberg – Japan-focused hedge funds may see their assets increase 20 percent this year on expectations that Prime Minister Shinzo Abe’s policies and stimulus measures will boost growth, according to Eurekahedge Pte. About $3 billion could be added to the […]

The Economist – Tobacco and alcohol brands face heavy restrictions when it comes to advertising. Hedge funds and other purveyors of alternative investments have suffered similar prohibitions on marketing their products. That ban may soon be lifted in America. (Europe’s […]

Bloomberg – The rout in gold that drove the metal into a bear market cut the number of hedge funds investing in bullion to the lowest level since 2010 as assets slumped 31 percent this year on losses and redemptions. […]

IFR – Hedge funds who took a punt on Cyprus when the country ran into trouble last June have averted the threat of capital controls and stand to realise annual returns of at least 25% from buying the country’s four-year €1.4bn international […]

Reuters – Hedge fund firm CQS is planning to launch its first so-called long-short equities fund, a source familiar with the plans said, as it looks to seize on a recovery in investor demand for managers who bet on shares […]