Reuters – A research consultant charged last week with illegally tipping hedge funds to inside company information can be released on bail, a judge said, rejecting calls by U.S. prosecutors to keep him detained because of insults he made to […]

Bloomberg – 3 Degrees Asset Management, asked by Singapore’s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets, lost a legal bid to challenge the regulator’s order, according to two people familiar with the decision. […]

Bloomberg – Asian hedge funds started by both new and existing managers raised $4.43 billion last year, the highest amount since the industry peaked in 2007, according to a survey by trade journal AsiaHedge. The average size of the 58 […]

Reuters – Doric Capital Corp, one of Hong Kong’s oldest hedge fund firms founded by former Man Group Plc executive Michael Nock, has shut its decade-old Asia ex-Japan long/short equity fund and plans to focus on managing its small-cap strategy. Launched […]

Opalesque New York – The Commodities Futures Trading Commission (CFTC) has significantly changed how hedge funds will be able to participate in commodities. Earlier this month the Commission rescinded several exemptions provided to private funds that operate commodity pools. By removing these exemptions, […]

Reuters – Policymakers from the world’s top economies meet this weekend in Mexico City to begin finding common ground to tackle the world’s economic challenges, which include reining in a $60 trillion financial sector on the fringe of mainstream banking. […]

Guardian – Royal Bank of Scotland pleaded on Thursday to be allowed to run on a commercial basis as the taxpayer-owned bank announced losses widened to £2bn in 2011, and confirmed it paid out £390m in bonuses to investment bankers. Sir […]

KapitallWire – Wall Street is clamoring to get in on the newest Hepatitis C drug stock rally. The move is largely a reaction to a series of successful developments from several new Hepatitis C treatments. The virus currently affects about […]

Advanced Trading – From classic to Chinese or even Texan, hedge funds are deploying a variety of trading strategies this year to make the most of sizeable deals, including Glencore and Roche, after a freeze in deal-making dented their returns […]

Reuters – Doric Capital Corp, one of Hong Kong’s oldest hedge fund firms founded by former Man Group Plc executive Michael Nock, has shut its decade-old Asia ex-Japan long/short equity fund and plans to focus on managing its small-cap strategy. Launched […]

Hedge Funds Review – New-launch US-based hedge funds are asking for lock-ups while a good proportion of start-ups have seed or strategic capital prior to opening. Equity and equity-related strategies were most popular. A good majority of new start-up hedge funds […]

Dow Jones – Hedge funds look set to take center stage as European merger-and-acquisition activity starts to pick up after a long drought and as bets on winning prices and bidders trigger dramatic rises in the stock price of target […]