Bloomberg – U.K. Prime Minister David Cameron and German Chancellor Angela Merkel are both talking up competitiveness — in two incompatible languages. Cameron’s determination to protect the financial-services powerhouse in London and tame what he sees as the bureaucratic leviathan known as the European Union risks […]

Reuters – Big-name London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses. Italy’s third-biggest bank is […]

Asian Investor – Rich Asian families did not make major changes to their portfolios following the 2008 crisis, but one thing they are doing is dialling down their exposure to hedge funds, said family office executives during a recent discussion […]

4Traders – Porsche Automobil Holding SE said Thursday it and plaintiffs in a case before the New York State Supreme Court have entered into an agreement to terminate all proceedings before the court. As part of the agreement, the plaintiffs will […]

Hedge Funds Review – While the UK has decided to delay implementation of the AIFM directive, managers need to consider the impact of the rules and decide how they will be able to market and distribute hedge funds in Europe. European-based […]

Thompson Reuters – Ever since Goldman Sachs agreed to pay $550 million to resolve claims by the Securities and Exchange Commission that it deceived investors in the Abacus collateralized debt obligation, there’s been a giant question mark hovering over the […]

Reuters – John Paulson’s hedge fund will have to defend claims that his firm conspired with Goldman Sachs Group Inc to fraudulently induce a bond insurer to guarantee payments on risky debt, court papers show. Bond insurer ACA Financial on […]

Bloomberg – First, hedge fund titans Bill Ackman, Carl Icahn and Daniel Loeb tussled publicly over whether Herbalife Ltd. (HLF) is a pyramid scheme. Now their names are popping up online in ominous-sounding domain names, including “therealcarlicahn.com” and “therealdanielloeb.com.” While […]

Reuters – A year ago, the bankruptcy of MF Global, the collapsed brokerage run by former New Jersey Governor Jon Corzine, seemed like it would be a long and messy affair involving plenty of courtroom drama around the world. But that […]

Opalesque – Investors are faced with the constant problem of information overload and bombarded with incessant inflow of short term information that influences their long term perspective, declared Mark Levas, the Founder and Senior Managing Principal of the Olympian Group […]

Irish Times – Two Cayman Island hedge funds have appealed a US court ruling that State-owned Irish Bank Resolution Corporation can avail of sovereign immunity to avoid being sued in the US by bond holders who lost money in its […]

FierceFinance – The global push for more transparency in financial services has reached the small tax-advantaged havens that hedge funds and other investment vehicles depend on for favorable tax treatment. The Cayman Islands has joined Jersey, the Isle of Man, the […]