Reuters – Former FrontPoint Partners hedge fund manager Dr. Joseph “Chip” Skowron was sentenced to five years in prison on Friday for his role in an insider trading scheme. Skowron, one of the most prominent investors to become embroiled in […]

Bloomberg – Winton Capital Management LLC, the London-based firm founded by David Harding, collected more than a 10th of the cash flowing into hedge funds this year as a handful of managers dominated money-raising. Winton, with $26 billion in assets, […]

Guardian – The bipartisan committee tasked with reducing America’s $15tn (£9.5tn) budget deficit looks close to admitting defeat as its deadline looms. The committee, created in August, has until Wednesday to report a plan to cut $1.2tn from the nation’s deficit. […]

BusinessWeek – Hedge funds cut bullish commodity bets by the most in seven weeks on mounting concern that Europe’s debt crisis will restrain global economic growth and demand for raw materials. Money managers reduced combined net-long positions across 18 U.S. […]

Reuters – Redemption requests by hedge fund clients gathered pace in November as investors kick-started the traditional year-end evaluation of manager performance after a 2011 blighted by unprecedented volatility and erratic returns, recent data shows. The GlobeOp Forward Redemption Indicator, […]

Bloomberg – Richard H. Medley, founder of hedge- fund advisory firms and a former partner of George Soros, has died at age 60. Medley died Nov. 16 at New York Presbyterian Hospital/Weill Cornell Medical Center after a brief illness, his […]

Forbes – Just two days after  the 20 brainy Harvard students were named Junior Phi Beta Kappas, the highest academic honor they can achieve– and a year before they are to graduate–  the biggest hedge funds in Boston wrote them all letters […]

Advanced Trading – Hedge funds, who are known for keeping a low profile, are almost completely ignoring Facebook and Twitter. Only 1 percent of hedge fund managers use Twitter and none have a wall on Facebook, according to a survey […]

Politico – The pitch on LinkedIn seemed too good to be true: Act now to buy pre-IPO shares of Facebook, Groupon, Twitter, Zynga and other hot companies about to go public. And indeed that’s exactly what the Securities and Exchange […]

Med City News – Synaptic Capital is raising money for a hedge fund looking to target mid- to large-cap companies in the innovation and delivery side of the healthcare sector. The Synaptic Medical Fund uses an equity long-short strategy and […]

Economist – “THIS is going to be the next great trade,” one American hedge-fund executive effused early this year. For more than two years funds have been salivating over the slew of assets that Europe’s banks will have to sell. […]

Bloomberg – Robert Merton, a professor at MIT’s Sloan School of Management and winner of the Nobel Prize in Economics, talks about possible risks posed by hedge funds to financial markets, and Europe’s sovereign debt crisis. He speaks with Carol […]