Reuters – Billionaire oil trader Andy Hall’s hedge fund has made money for the first time since February, aided by a rebound in oil prices he pinned on tightening sanctions on Iran and stalling production growth from Brazil to North […]

Canada Business – A dissident investor has requested a meeting of Telus’s voting shareholders to call for a premium for their support in consolidating the telecom company’s shares, a proposal Telus dismissed as the U.S. hedge fund’s latest “nuisance play” […]

The Street – Big volatility and surging real prices are usually the playground for hedge funds looking for some easy speculative trading gains. But the drought that has crippled the 2012 U.S. corn crop has yet to attract the big money players. […]

Chicago Tribune – Hedge fund manager Daniel Loeb made a big wager on Kraft Foods in July, telling investors in his $8.7 billion firm that a stake in the food maker is now one of the firm’s largest positions. Loeb’s […]

Reuters – The trustee seeking money for victims of Bernard Madoff is trying to block a $410 million settlement resolving New York state’s claims against a hedge fund manager accused of secretly steering client money to the swindler. Irving Picard, […]

Reuters – Switzerland on Tuesday revealed its foreign exchange reserves now total 365 billion francs ($374 billion), a rise of 50 percent in just three months and taking it to a dizzying 62 percent of Swiss annual output. A small […]

Bloomberg – Corrigan: All of Berkeley Square (near Corrigan’s Mayfair) is the hedge-fund and the equity-fund businesses and knowing them quite well, I would imagine to see stress on lots of my customers’ faces. They’re having a very tough time. […]

Reuters – Hedge fund industry titan Louis Moore Bacon plans to shrink his flagship portfolio and return $2 billion to his investors. Mr. Bacon, who has run Moore Capital Management for more than two decades, told investors in a letter […]

Telegraph – The European Court of Human Rights today ruled that Dennis Grainger’s case was “inadmissible”, sparking anger among the 150,000 private shareholders in the failed lender. Mr Grainger, a former Northern Rock employee who had bought shares through the […]

The Street – After earning Wall Street fame for making billions by buying protection against the U.S. subprime mortgage market, John Paulson’s newest foray into the world of insurance is off to a loss-making start as the hedge fund manager […]

CayCompass – Hedge Funds Care Cayman, a charity for the prevention and treatment of child abuse and neglect, has allocated a total of CI$225,000 in local grants to eight charities this year. The 2012 grantees include the Cayman Island Crisis […]

Reuters – A former Citigroup Inc. manager was found not liable on Tuesday [July 31] of civil charges of misleading investors, a blow to regulators in one of the few fraud cases brought against a Wall Street executive over the […]