Pensions & Investments – CalPERS continues to build out its hedge fund capability and seeks four additional investment professionals to join its six-person team, said Edigio “Ed” Robertiello, senior portfolio manager, absolute-return strategies, for the $258.3 billion fund. In fact, […]

Reuters – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors. Kinariwala’s Capveda Capital […]

Seattle Times – Chris Hansen has another problem besides the NBA owners and league commissioner David Stern: The hedge fund that positioned him to lead a bid for the Sacramento Kings has lost money for the second consecutive quarter while […]

Reuters – A lavish gala dinner that was a highlight of the London hedge fund industry’s social calendar and counted royalty among its guests has been quietly shelved. The ARK Gala Dinner, which started in 2002, cost as much as […]

Reuters – Hedge funds are restoring bets that French bond prices will fall, speculating the country’s gamble on increasing public spending to boost economic growth will fail. Funds have already been burnt on the trade. Last year, the European Central […]

Reuters – Hong Kong-based Richland Capital Management Ltd is shutting down its hedge fund operation, Chief Investment Officer Alex Au told Reuters on Tuesday, a major blow to an industry struggling to raise assets and turn a profit for investors […]

HONG KONG (Reuters) – Hong Kong-based Richland Capital Management Ltd is shutting down its hedge funds despite outperforming peers, four sources said, an unexpected move for a successful operator in an Asian industry which is struggling to raise assets. Richland […]

FT.com One of the biggest hedge fund service businesses on the Cayman Islands has tried to block sweeping reforms to make the tax haven, the world’s main centre for hedge funds, more transparent. The Caymans is home to more than […]

(Reuters) – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors. Kinariwala’s Capveda Capital […]

(Reuters) – A lavish gala dinner that was a highlight of the London hedge fund industry’s social calendar and counted royalty among its guests has been quietly shelved. The ARK Gala Dinner, which started in 2002, cost as much as […]

Wall Street Journal – “Who Wants to be a Millionaire?” Hedge-fund manager Bill Ackman appropriated the title of the game show for a presentation labeling multilevel marketing firm Herbalife Ltd. HLF +1.35% a “pyramid scheme,” a charge the company disputes […]

Bloomberg – Hedge funds and other money managers cut bullish bets on Brent crude to their lowest level in four months for a third consecutive week, according to data from ICE Futures Europe. Speculative bets that prices will rise, in […]