ET – Hedge funds and other money managers slashed their exposure to US commodities by around $9 billion this week, government data showed over the weekend, in the biggest such cut in four months on worries over China’s slowing economy […]

Reuters – London hedge funds are shunning their traditional heartland in Mayfair, the city’s most expensive office neighbourhood, pushed out by straitened financial circumstances and the desire to dump their racy image for something more businesslike. The Mayfair and St […]

DealBook – Goldman Sachs agreed on Thursday to pay securities regulators $22 million to settle accusations that it did not have adequate policies in place to stop stock research tips from being passed inappropriately to its biggest clients. In its […]

BusinessWeek – Citadel Advisors LLC and Millennium Management LLC said their assets soared ninefold when tallied under a new rule that requires hedge funds to disclose investments financed through borrowings. Citadel, run by Ken Griffin out of Chicago, reported $115.2 […]

CBS – A truly amazing phenomenon is the continued popularity of hedge funds, especially among high net worth investors. Despite the historical evidence on their lousy performance (as presented in my book “The Quest for Alpha”), hedge funds continue to […]

ETFdb  – Stocks started off in a hole on Monday as investors fretted over the March employment report, however, pessimism faded throughout the week as earnings euphoria brought back the bulls. The product development front was a bit quiet this […]

Reuters – Goldman Sachs-linked Capula Investment Management is expanding its $13 billion (8 billion pound) business into Hong Kong, according to sources, becoming the latest major investor to jump into the region where hedge fund players are a small but […]

Nature – The financial system is in a credit-confidence trap. Like a badly balanced ship trying not to capsize during a storm, banks and financiers are unwilling to make loans or accept collateral in exchange for securing debts — they […]

Reuters  – Hedge fund superstar Andreas Halvorsen is putting more trust in his junior portfolio managers. Mr. Halvorsen, who runs the $16.7 billion Viking Global Investors, told clients on Wednesday [April 11] that he recently upped the aggregate credit lines for a quartet of […]

Reuters – Spain’s banks are fast joining the ranks of the most unloved in Europe just as many need to raise capital urgently, deserted by investors who believe the country is on the brink of a recession that many lenders […]

Bloomberg – After the U.S. government snatched Fannie Mae from the brink of collapse in 2008 and forced out its chief executive officer, Daniel H. Mudd, he headed for the river. The 6-foot-4 former Marine, a onetime U.S. Olympic rowing […]

Politico – Mitt Romney’s opposition to gay marriage, which helped endear him to conservative activists during the dog days of the presidential primary, puts him at odds with three of his most prominent donors, all of whom helped fund a […]