Toronto Star – A New Jersey judge has tossed out an $8 billion lawsuit filed by Toronto-based Fairfax Financial Holdings Ltd. against U.S. hedge funds accusing them of conspiring with analysts and researchers to drive down Fairfax’s stock price. Superior […]

The Hindu Business Line – Investment in India-focused hedge funds is no longer the lucrative proposition it used to be. In 2012 year-to-date, India hedge funds have posted negative returns of 0.9 per cent. In contrast, the Sensex has faired […]

WSJ – Investors were unprepared for the euro’s dramatic rebound in the month of August, hurting performance at currency-focused hedge funds. A widely watched index of currency funds fell 0.85% in August from the previous month, as investors holding bets […]

Washington Post – What’s a better investment — U.S. bonds or the underside of your mattress? Ray Dalio wonders if it’s the latter. Dalio founded the hedge fund Bridgewater Associates. He tells the Council on Foreign Relations: “You are quite close […]

Forbes – Activist hedge fund Jana Partners in August sold the remainder of its stake in Barnes & Noble, after amassing a 12% position in the stock, new SEC filings show. The investment by the fund, which is led by one-time […]

Hedge Funds Review – A move to separate custody accounts since the financial crisis has turned into a major trend with hedge funds now placing a growing portion of their unencumbered assets with prime custodians. Hedge fund assets available for prime […]

The Star – A New Jersey judge has tossed out an $8 billion lawsuit filed by Toronto-based Fairfax Financial Holdings Ltd. against U.S. hedge funds accusing them of conspiring with analysts and researchers to drive down Fairfax’s stock price. Superior […]

Reuters – In July, not long after The Economist dubbed its revered founder Seth Klarman “The Oracle of Boston,” the hedge fund Baupost abruptly dropped out of the litigation challenging Bank of America’s proposed $8.5 billion settlement with investors in Countrywide mortgage-backed […]

Marketplace – Super PAC Prosperity First, which is bankrolled by wealthy hedge fund CEO Robert Mercer, is attempting to oust Democratic Rep. Tim Bishop in New York’s 1st Congressional District. In less than a week, the super PAC has spent more than […]

Reuters – Investors took more money away from hedge funds in July when they asked for $7.4 billion back, underscoring their frustration with an industry that has long promised to make money in all markets but is currently delivering only […]

The Asset – The topic of fund governance is moving quickly to the top of the agenda for investors in hedge funds. Institutional investors, now representing over 60% of the global hedge fund asset base, are in the driving seat […]