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 […]

Reuters – The Asia hedge fund run by Howard Wong and Rajesh Ranganathan has produced returns nearly four times better than its peers this year, with an experienced team that over the last decade has notched up some of the […]

Bloomberg – Hedge funds trimmed bullish bets on crude to the lowest in more than two years as demand fell in the wake of Hurricane Sandy, production increased to the highest since 1994 and U.S. President Barack Obama won re-election. […]

Reuters – Investors put more cash into hedge funds than they withdrew over the past month, attracted back into the sector by one of the few recent months in which managers outperformed stocks, new data showed on Monday. Net inflows […]

Guardian – The City watchdog, the Financial Services Authority, is investigating claims by a whistleblower that Britain’s £300bn wholesale gas market has been “regularly” manipulated by some of the big power companies, exploiting weaknesses that echo the recent Libor scandal. […]

Insider Monkey – Navistar International Corp bond yields are rising while those of other U.S. junk-rated truckmakers fall as investors penalize it for an engine design flaw and Carl Icahn expands his influence in the industry. Yields on its notes are up 2 […]

Reuters – The steep sell-off in Greek assets is tempting some investors – including hedge funds – to wager the crisis-hit country’s bond and stock markets offer a bargain. Dromeus Capital, which specialises in emerging markets, has launched a fund […]

The Herald – Greek lawmakers approved the country’s 2013 austerity budget early Monday, an essential step in Greece’s efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. The budget […]

Reuters – A lawyer for a former Goldman Sachs Group Inc. trader denied on Friday [Nov. 9] U.S. civil accusations that his client had defrauded the Wall Street bank of $118 million. The trader, Matthew Marshall Taylor, was sued on […]

HuffPo – Let’s face it, this has been a tough year for Bain Capital. But in a new letter to investors, Bain says it’s doing just fine, and hopes you’re fine with Bain. “Now that the US presidential election is […]

Guardian – China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank. The Paris-based Organisation for Economic Co-operation and Development (OECD) said China’s economy will be larger […]

Reuters – U.S. hedge fund compensation has risen in 2012 even as the industry has failed to keep pace with a rising stock market, according to data published on Thursday. Employees in marketing, compliance and senior investment roles at money-making […]