Reuters – Mexican glassmaker Vitro said on Monday it had begun a legal process to recover up to $1.59 billion in damages from hedge funds who sued the company in Mexico but lost on appeal. Vitro went through a $3.4 […]

Bloomberg – Investors almost doubled purchases of commodities this year, at a time when Goldman Sachs Group Inc. and Morgan Stanley are forecasting higher prices and Citigroup Inc. (C) says the best returns are over. Money invested in commodity funds increased by […]

Bloomberg – Wells Fargo & Co. (WFC), the biggest U.S. bank by market value, bought a stake in Rock Creek Group LP to provide more hedge-fund offerings to clients amid a push to double the asset-management unit within seven years. The […]

Hedge Funds Review – Legal settlements with the Madoff trustee and ‘feeder fund’ managers that are close to being finalised mean a group of defrauded investors stands to recover more than they lost in the Ponzi scheme. Four years after […]

Boston Globe – Is the hedge fund, as we know it, dead? Fifteen years ago, they were the hottest investments around. Every pension fund, endowment, and foundation clamored to get into this elite club, willing to pay hefty fees for […]

USA Today – Six months after hedge fund manager Bill Ackman purchased a $2 billion stake in Procter & Gamble, the lineup of major investors at the consumer products giant has taken a subtle, but noteworthy shift. Hedge funds such […]

Insider Monkey – Hedge funds up Ackman’s P&G bet (Cincinnati) Six months after hedge-fund manager Bill Ackmanpurchased a $2 billion stake in The Procter & Gamble Company (NYSE:PG), the lineup of major investors at the consumer products giant has taken a subtle but […]

Bloomberg – Hedge funds cut bullish oil bets by the most since May as U.S. production reached the highest level in almost 19 years and a looming budget stalemate in Washington raised the specter of an economic slowdown. Oil’s negative drag on the […]

TPH Asset Management LLC, an affiliate of Houston investment banking firm Tudor Pickering Holt & Co., is launching a new $100 million hedge fund. The Houston energy-focused asset manager said in a statement Thursday it garnered $100 million in seed […]

If you thought the days of corporate excess were over, you’re crackers. According to Bullion By Post boss Hailliday-Stein, whose online bullion company delivers gold bars and coins through the mail, a hedge fund manager ‘for a well known City bank’ recently […]

Bloomberg – Asian hedge funds are set to outperform the world in 2012, gaining for the fourth straight month in November as the U.S. Federal Reserve’s low-rate policies boosted credit and stock investments. Top performers in 2012 include Income Partners […]