Bloomberg – In “Octopus: Sam Israel, the Secret Market and Wall Street’s Wildest Con,” Guy Lawson tells two tales. One is a diligently researched, lively account of ambition gone bad. The other, in the book’s second half, is a story […]

WSJ – When a younger brother of once-highflying hedge-fund manager Alphonse Fletcher Jr. won a screenwriting Oscar in 2010 for the film “Precious,” he thanked his siblings, saying they “supported me in every way.” Now a legal battle for control […]

CNN -Hedge funds are betting on a disaster hitting the financial markets within the next several quarters, with managers holding onto historic levels of cash. That so-called dry powder gives them the cash they need to quickly jump in if […]

Opalesque – In the week-ending 24 August 2012, Silk Road Management announced the launch of the Silk Road M3 Fund that will focus on Myanmar, Mongolia, and Mozambique; Eric Rosen, the co-head of UBS AG’s fixed-income, currencies and commodities business for the Americas […]

Washington Post – Billionaire hedge fund manager Paul E. Singer is one of the Republican Party’s most important money men, raising millions for presidential candidate Mitt Romney and giving even more to a super PAC supporting his campaign. But Singer […]

BusinessWeek – Hedge funds and large speculators are abandoning bets on a stronger dollar at the fastest pace ever amid growing confidence in the global economy. Futures contracts favoring gains in the U.S. currency surged to the most on record […]

TP – Mitt Romney’s new energy plan amounts to “drill, baby drill” on America’s public lands and shores. His vision for energy follows that of his oil donors and chief energy adviser, shale oil baron Harold Hamm. Meanwhile, it neglects other […]

Editor’s note: This headline was edited from the original article which said that Citi borrowed $410 instead of redeeming it. Economic Times – The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will […]

Canadian Business – Toronto’s Brookfield Asset Management Inc., the largest shareholder of General Growth Properties, is squaring off against a U.S. activist hedge fund that wants the U.S. mall owner to put itself up for sale. New York hedge fund […]

Pensions & Investments – Hedge fund managers hungry for institutional assets are increasingly willing to incorporate exclusionary screens into their investment approaches to keep portfolios in line with the socially responsible investment values of church-affiliated investors. It was nearly impossible […]

MarketWatch – An activist hedge fund on Thursday called on Ralcorp Holdings Inc. to sell itself or explore other strategic options, voicing displeasure over the private-label food maker’s performance since rejecting a $5.2 billion buyout offer from ConAgra Foods Inc. […]

Reuters – T. Boone Pickens, the billionaire Texas hedge-fund manager, said on Wednesday that oil, the commodity that brought him fame and fortune, has again been a boon for his main portfolio this year. “We’ve done well in the oil […]