Bloomberg – Wall Street dealers made it tougher for hedge funds to finance trading of securities and derivatives in the three months through November, a Federal Reserve survey showed today. Responses “indicated a broad but moderate tightening of credit terms applicable to important […]

Investment News – A Chicago investment adviser and its principal lured investors into two funds of hedge funds the firm managed by “grossly exaggerating” the firm’s assets under management and making other false and misleading statements, the Securities and Exchange […]

Guardian – The euro weakened about 1% percent against the dollar and the yen on Wednesday, the day before an important auction of long-dated Italian debt, while US stocks slid more than 1% on concerns about the economy in early 2012. The […]

IBT Times – The backlash from the Bernie Madoff scandal was unmistakable. New Yorkers are still reeling from the effects, which could be felt for years from the swindler who stole millions of dollars and ruined people’s lives. Madoff can […]

Royal Gazette – Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re. The stock purchase by Mr Cohen’s SAC Capital Advisors’ […]

Bloomberg – Stephen Diggle, who co-founded a hedge fund that made $2.7 billion in 2007 and 2008, plans to open his personal farmland portfolio to investors and start a fund that will trade life-sciences companies. Diggle will transfer the farm […]

Dow Jones – According to KyongSun Kong, a Seoul-based analyst at research and consulting firm Celent, Korean brokers were finally allowed to release hedge funds at the end of September, when the country’s Capital Market Consolidation Act was revised. She […]

Bloomberg – When Kmart acquired Sears in 2005, Chairman Edward Lampert said the new company would have the geographic reach and scale to compete with Wal-Mart Stores Inc. The billionaire hedge fund manager has since presided over 18 consecutive quarters […]

After a decade of favoring hedge fund behemoths — funds with $5 billion in assets and larger — deep-pocketed investors in growing numbers appear ready to put their cash to work with smaller firms, some with assets of less than […]

WSJ – For some inkling of where investment theory is headed, take a look at the debates and forums being hosted by the Norwegian Government Pension Fund. Fund officials are in the midst of an inquiry into why their fund, […]

Huffington Post – Memo to hedge fund managers: It’s a bad time to try to overachieve. The Securities and Exchange Commission is cracking down on hedge fund fraud, and the first places they’re looking are the firms that seem to be […]

Telegraph – John Paulson, the American financier who made billions in the 2008 banking crisis, has been crunched in 2011 and is the most high-profile casualty. His $3.4bn Advantage Plus fund lost another 9pc in December, taking total losses to […]