TheStreet – Hedge funds, coming off their second-worst year in two decades, are on the rebound this year, but they’re still trailing the broader market. Hennessee Group, a hedge fund adviser, said its composite index of hedge fund performance gained 2.5% […]

Reuters – Client exits from hedge funds fell to a record low after performance bounced back in January, industry data showed on Thursday, as investors were encouraged to stick with their portfolios despite a disappointing and volatile 2011. The GlobeOp […]

FIN – A $12.7 billion Louisiana pension is set to take the next step towards its first hedge fund investment. The state’s Teachers’ Retirement System will begin a search for a hedge fund consultant next month, Pensions & Investments reports. The move […]

Bloomberg – Moore Capital Management LLC, the New York firm founded by Louis Moore Bacon, invested $800 million in a hedge fund begun last year by two of its former traders, according to two people with knowledge of the matter. […]

Fox – Hedge fund manager Steve Cohen continued his wooing of national Republican leaders with a dinner Tuesday night with one of the party’s rising stars: New Jersey Governor Chris Christie, the FOX Business Network has learned. The dinner, held […]

WSJ – Stock correlation within sectors has dropped significantly this year as markets have rallied, providing a boon for long/short equities managers who buy and sell companies based on fundamental analysis of their individual merits. Giles Worthington, a portfolio manager […]

Bloomberg – Wealthy Chinese investors are turning to “sunshine” private trusts, the prototypes of hedge funds in the communist nation, as the property market cools, stocks slump and bank-deposit rates fail to match inflation. China’s private trust-fund assets tripled to […]

Minneapolis Star Tribune – The role of the Minneapolis law firm Fredrikson & Byron in the business affairs of convicted businessman Tom Petters is under scrutiny. A lawsuit filed in U.S. District Court in Minneapolis alleges that the firm “materially […]

Bloomberg – Hedge funds gained 0.2 percent in January as equities around the world had the best start in 18 years after U.S. economic growth showed signs of accelerating and European leaders moved closer to a solution for the region’s debt […]

FT – New York-based Atwater Capital, which was founded by Lee Pollock and Kris Green, and backed by Atticus founder Timothy Barakett, is returning capital to investors, according to two people familiar with the situation. The decision was not based […]

Forbes – The fund industry sprouts exchange-traded products (ETPs) like weeds on a warm spring day. This makes it very hard to differentiate one from another. There needs to be better classification tools. Fund companies and index providers must step […]

San Francisco Chronicle – Hedge funds more than doubled bullish bets on natural gas just before government data showed record production and Exxon Mobil Corp. decided not to reduce output, cutting short the biggest rally in more than a year. The funds and […]