NYT – Tiny Gibraltar is trying to cash in on Brazil’s rising wealth. Gibraltar, the British self-governed territory south of Spain, is now working to lure hedge funds, private equity and other investors in Brazil and Latin America to expand to its […]

AP – The brother of a jailed one-time billionaire hedge fund boss has been charged with conspiring with his brother to cheat on Wall Street and earn nearly $1.2 million illegally, federal authorities announced Thursday. Rengan Rajaratnam, 42, of Manhattan, […]

Haaretz – The hedge fund business in Israel is small by American standards ? just some $1.6 billion under management ? but its assets have grown five-fold over the last six years and it is becoming a preferred line of […]

Financial Times – With crisis in Cyprus, gloom in the UK’s Budget and growing fears of a correction in the US Treasury market, you could be forgiven for thinking markets were as turbulent as ever. For some, though, the sun is […]

Reuters – Despite the early-year rally in equity markets, some hedge funds seem to have had a disappointing start… yet again. JP Morgan notes that the industry’s benchmark HFRI index was up 2.8% by end-February,  well below the 4.6% for […]

Risk – It is absolutely possible for hedge funds to adhere to socially responsible investing (SRI) principles. Many managers take SRI considerations into account already but without an explicit reference to SRI principles. SRI principles can be flexible and include […]

Reuters – Some hedge funds have begun quietly increasing their bets against Hungarian sovereign bonds in the belief that the yields don’t properly reflect the country’s political and economic outlook. The amount of Hungarian sovereign bonds out on loan – […]

VW – Fortress Investment Group LLC (NYSE:FIG)’s Macro fund is the latest hedge fund to bet big on the weakness of Japanese yen. Though the Japanese currency has already been sliding since mid-November, Fortress Investment Group LLC (NYSE:FIG) sees further […]

DealBreaker – Remember Andrey Hicks? For those who can’t keep their founders of fake hedge funds straight, he’s the guy who ripped off Kim Kardashian’s 72 day husband, Chris Humphries, along with a bunch of other investors in his Locust […]

Nasdaq – Florian Homm, the former hedge-fund manager who was arrested earlier this month at the Uffizi Gallery in Florence, was indicted in the U.S. on fraud charges stemming from accusations he caused his investors $200 million in losses. The […]

Reuters – The market price of a Cypriot sovereign bond due to mature in just over two months suggests a gamble by hedge funds that the country will avoid a default will pay off. The EUR1.4bn 3.75% bond, due to […]

Boston Herald – A Boston-area man was sentenced today in federal court to 40 months in prison, and was ordered to pay restitution of $2.3 million, in connection with a fake hedge fund investment scheme, according to the U.S. Attorney’s […]