CNBC – “Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” Those were the words that Fredrick Douglas Scott attached to most of the emails sent to the clients of his boutique investment […]

Barron’s – Hedge-fund manager Christian Zugel has made a mint in mortgage-backed securities, and he has also been wheeling and dealing in a lot of real estate. He has had to figure out how to fit a growing staff of […]

Bloomberg – CQS U.K. LLP, the $12 billion hedge-fund firm founded by Michael Hintze, is looking to start an equity fund as the company expands beyond its focus on credit investments, said two people familiar with the matter. The new hedge […]

NBC – 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, due to a giant regulatory loophole, family offices are […]

Bloomberg – James Tisch, who invests in hedge funds to boost returns at Loews Corp. (L), said he avoids managers with the largest pools of money and sleeps better at night knowing he doesn’t face the same prospect of client […]

Pensions & Investments – South Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion South Carolina Retirement Systems. Under a new asset allocation effective July 1, […]

Reuters – Man Group’s shares fell more than 11 percent on Wednesday after it said its flagship hedge fund AHL had suffered one of its biggest weekly losses, wiping out its profits so far this year. The $14.1 billion computer-driven […]

Bloomberg –  Japanese hedge funds investing in smaller companies are outperforming as trading in small-cap stocks more than doubled this year amid Prime Minister Shinzo Abe’s efforts to revive the world’s third-largest economy. Monterey Japan Equity Fund, which manages about $100 million, […]

DealBook – As the head of JPMorgan Chase‘s investment bank, James E. Staley helped the company navigate the thicket of new regulations that emerged after the financial crisis. Now, he is betting that those regulations present an investment opportunity. Mr. Staley, […]

Bloomberg – In the investment world there are two kinds of people — those who want to beat the market, and those who want to be the market. Hedge fund managers are the former, while index fund managers are the latter. […]

Profit – Turney Duff, former stock trader, recovering cocaine user and first-time author, stepped out the front door of his new home, the ground floor of a modest split-level house in a sleepy Long Island neighborhood. “You want the grand […]

TIME – Much attention has been paid lately to Goldman Sachs’ decision to “help” average folks (a.k.a. the 99% crowd) access the kind of high-stakes hedge funds once available only to the superrich (a.k.a. the 1%). And while all sorts of pundits and investor […]