DealBook – Prince Walid bin Talal of Saudi Arabia announced he had taken a $300 million stake in the social media site Twitter, as he continues to expand his holdings in the United States. The investment by Prince Walid and the Kingdom […]

Bloomberg – Three of London’s biggest hedge funds are likely to pay their top partners a total of more than $3 billion this year, the Financial Times reported, without saying where it got the information. The expected payouts by Brevan […]

Opalesque – New York City has long held a reputation as America’s financial center. The city is home to major exchanges, banks and some of the world’s largest hedge funds. Indeed, the city’s mayor Michael Bloomberg made a name for himself […]

The Telegraph – The Children’s Investment (TCI) fund, run by Chris Hohn, made £78.6m in the year to February 2011 and set aside £53m for division among its members. Sloane Robinson, another London-based hedge fund, had 16 partners take home […]

Guardian – Nick Clegg will issue a blunt warning to Britain’s state-controlled banks that they will face tough restrictions if they attempt to introduce “irresponsible payments” during the forthcoming bonus season. As George Osborne and Vince Cable push ahead with plans to […]

Fortune – He already manages billions for elite investors. Now Cliff Asness believes he’s perfected a better way for regular folks to play the market, and he’s using that formula to build a mutual fund empire. At his home in […]

Reuters – Boyer Allan Investment Management is shutting two of its hedge funds after losses and a fall in assets this year, four sources familiar with the matter said, lengthening the list of Asia focused funds that have closed this […]

ZeeNews – 2011 has been an annus horribilis for Indian hedge funds. All hedge funds, with one exception, are currently in the red — the Eurekahedge Indian Hedge Fund Index was down 16.9 pct as of end-October and early reports […]

BusinessWeek – Duke Buchan III’s $1 billion hedge fund beat U.S. stocks by 46 percent in the decade through March, a period that included the steepest equity-market losses since the 1930s. Then came the selloff in August when global stocks […]

Bloomberg – Michael Platt, founder of the $30 billion hedge fund BlueCrest Capital Management LLP, said most of the banks in Europe are insolvent and the situation will worsen in 2012 as the region’s debt crisis accelerates. Kyle Bass, the […]

Reuters – Deep cracks are starting to show in the love affair between hedge funds and their investors, after another year of paltry returns on expensive investments leaves many feeling cheated and close to bailing out. An asset class once […]

HFM Week – Using the best December for a decade as a springboard, hopes for a strong 2011 were further buoyed by several bits of good news in early January. The hedge fund portfolios of US endowments had enjoyed a […]