NYT – The brainchild of the actor and producer Derek Ting (who wrote the script with Mr. Yin and countless others), this dollar-driven drama focuses on Conner (Mr. Ting), an uncannily prescient Asian-American hedge fund trader dispatched to Hong Kong […]

Forbes – Here’s one free-market solution to the housing crisis: Keep troubled borrowers in their homes by turning their homes into rental properties. Citi announced today launched a program for homeowners facing foreclosure. The pilot program is being tested in Arizona, […]

Risk.net – Hedge fund manager Tenax Capital has raised €250 million (£197 million) from insurers in a fund that invests in corporate bonds and loans that banks are seeking to offload. Tenax is seeking to take advantage of the de-leveraging […]

Investment Europe – The en masse gating of money in hedge funds during the global financial crisis caused more bad feelings than the asset management industry had seen for years. It also achieved three main goals. Only one of them […]

(Bloomberg) — On a Thursday night in May, Arpad Busson danced atop a white sofa, a cigarette in his hand, as the Pet Shop Boys performed their 1980s hit “West End Girls” at his annual hedge-fund charity gala in London. […]

WSJ – Several of the hedge-fund industry’s biggest names have been underperforming the broad market, underlining the difficulties investment managers–even experienced ones–faced in the second quarter as they grappled with recurring concerns over Europe and sputtering global economic health. Elliott […]

NJ.com – They told would-be investors it was a hedge fund for the “little guys” and the “moms and pops.” But in reality, authorities said, the Jersey City investment firm Osiris Fund L.P. was little more than an elaborate fraud […]

(Reuters) – A New York state court has rejected a motion by Porsche SE to dismiss a $1.4 billion-plus lawsuit brought by 26 hedge funds alleging fraud and unjust enrichment stemming from its trading in Volkswagen’s shares four years ago. […]

Hedge Funds Review – Singapore’s regulator has finalised amendments to hedge fund rules that took effect from August 7. Changes concern the licensing, registration and business conduct of fund management companies. Singapore’s financial regulator has published final rules enacting changes […]

BusinessWeek – Hedge funds Perry Capital LLC and Solus Alternative Asset Management LP are fighting over whether they had a contract when they agreed to trade $195 million of claims on Bernard Madoff’s bankrupt firm, amid rising prices on the […]

Windsor Star – The new General Motors Co. could be undone by a lawsuit that pits general creditors against hedge funds including Elliott Management Corp. and Fortress Investment Group LLC over $3 billion, the car company said in a lawsuit […]

Observer – Ben Gifford graduated from Dartmouth in 2010. He sought work teaching in Asia, but those kinds of jobs don’t exactly grow on trees, so he went to work for Bridgewater Associates. But life at the $125 billion hedge […]