Bloomberg – A group of hedge funds criticized RHJ International (RHJI) SA’s acquisition strategy as “erratic” and payments to managers as “egregious” as they repeated their call for a board overhaul and return of capital to investors. Several of the companies Brussels-based RHJ has […]

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, […]

Bloomberg – I won my first boxing match and I’m hooked. It’s going to be days before I come down from this high. The rush of stepping out in front of 550 screaming friends, colleagues and work contacts, entering a […]

WSJ – Who is activist investor Dan Loeb’s favorite action star? Probably not Will Smith, whose latest movie, After Earth, earned just $27 million at the box office in its opening weekend. That’s a disappointing showing for the Sony Pictures Entertainment offering. […]

Forbes – Reinhardt argues that the best standard for judging the level of doctors’s pay is the pay available in other U.S. occupations that compete for the same talent pool, and he suggests a comparison to financial market professionals: “The […]

Bloomberg – Hedge funds raised bets on a gold rally by the most in two months as the U.S. economy expanded less than previously estimated, boosting speculation the Federal Reserve will maintain the pace of stimulus. Speculators raised their net-long […]

Money – More hedge funds and private equity firms will set up in the city because of a government reform plan and the internationalisation of the yuan, industry representatives say. Philip Tye, chairman of the Hong Kong branch of the […]

Business Spectator – Nine Entertainment Co’s hedge fund owners and board are backing chief executive David Gyngell’s push to match rival Ten Network Holdings’ surprise $550?million bid to wrest cricket broadcasting rights from Nine, according to The Australian Financial Review. Nine has held the rights […]

Salon – In the summer of 2005, hotshot Amaranth Advisors LLC trader Brian Hunter spied a bargain. Natural gas supplies nationally were plentiful, gas production was unusually high, and by midsummer storage facilities were brimming with the stuff. Prices were […]

CNN – As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund. Both SAC and its founder Steven A. Cohen have been at the epicenter of a federal investigation into insider […]

Reuters – As comebacks go, it’s one of the more ambitious. Fred Eckert – the hedge fund manager who lost $250 million of his own money, saw his firm go bankrupt in the credit crisis, went through a divorce and […]

(Reuters) – Miaodan Wu, a former portfolio manager at billionaire Steven A. Cohen’s hedge fund SAC Capital Advisors, is preparing to launch his own hedge fund in Hong Kong to bet on price swings in financial securities, people familiar with […]