NASDAQ – Hedge fund billionaire David Tepper is one of the few investors that made money in both the market crash of 2009 and the recoveries in 2009. You would wonder how he can time the market. One thing he does the […]

FDL – Speaking of housing, we’re supposed to forget about the fact that the banks committed the largest consumer fraud in history and then paid the meager penalties for it with other people’s money, because we’re in a housing “recovery” now. […]

MarketWatch – A commissioner on the Securities and Exchange Commission warned Thursday that allowing hedge funds to publicly advertise could lead to an increase in fraud. At issue is a U.S. Securities and Exchange Commission proposal introduced in August to […]

International Business Times – All three major U.S. equity indices are currently on a losing streak, but the price of gold has been relatively strong. The precious metal recently logged one of its strongest quarters in years, thanks to another […]

Reuters – Massachusetts’ state pension fund, which has invested roughly $5 billion in hedge funds, said on Wednesday that it hired a former money manager and current business school professor to oversee these types of investments. Eric Nierenberg, who earned […]

Forbes – The hottest hedge fund manager in America, who has traded Facebook better than anybody, was a big buyer of Facebook stock during the summer. Charles “Chase” Coleman’s $8 billion Tiger Global hedge fund held 11.7 million shares of Facebook, valued […]

Reuters – A group of hedge funds seeded by veteran investor Julian Robertson cropped their stake in fashion brand Ralph Lauren Corp in the third quarter, even as the retailer attracted some of the biggest names in the $2 trillion […]

AU – Tens of thousands of dollars paid to a corrupt analyst for secrets was funnelled through his wife, an ex-analyst has told the insider trading trial of two former US hedge fund managers. The testimony by Jesse Tortora came […]

Reuters – The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost their jobs at investment banks or who have left in search of better pay. The start-ups […]

CNBC – Following the U.S. presidential election, hedge funds are adding risk to their portfolios, Anthony Scaramucci of SkyBridge Capital said Monday on CNBC. “More risk is being taken right now,” he said on “Fast Money.” Beta adjustment is also […]

American Banker – U.S. Bancorp (USB) is beefing up its business that administers funds on behalf of investment managers. The $352 billion-asset company said Tuesday that its U.S. Bancorp Fund Services unit would buy AIS Fund Administration, a provider of […]

WSJ – A money manager the government says set a record by making $50 million on a single trade based on inside information went on trial Tuesday as a prosecutor promised to take jurors “into the world of hedge funds.” […]