Star Tribune – Two Minnetonka-based hedge fund managers were charged Wednesday by the Securities and Exchange Commission for their involvement in the Tom Petters Ponzi scheme that collapsed into a $3.65 billion mess more than three years ago. James Fry […]

Fierce Finance – Hedge funds bailed out of emerging markets in September, driven in part by heightened redemptions. That helped spark a large decline in most of the emerging market indexes. The Barclay Emerging Markets Index, for example, fell nearly […]

Banking Business Review – The Securities and Exchange Commission has obtained a financial penalty of $92.8m against billionaire hedge fund manager Raj Rajaratnam for widespread insider trading. A federal jury in May 2011 convicted Rajaratnam of 14 counts of securities […]

Reuters – A visit to outer space would be a once in a lifetime adventure for most people. But if all goes to plan over the next three years, a Singapore-based hedge fund executive will blast off not once but […]

Dow Jones – Ardano, a pensions manager that looks after about £5bn in the UK and is a large investor in hedge funds, is considering a move into distressed debt strategies if and when the eurozone crisis moves toward resolution […]

Reuters – Hedge fund managers Paul Singer, Robert Zoellner, Kyle Bass and Israel Englander are among the handful of people millionaires trust with their riches. Norman Miller, Richard Dowdle, David Einhorn, Andreas Halvorsen and John Paulson — whose superstar reputation […]

TrimTabs – While hedge fund investors redeemed $5 billion in September and helped set off a plunge in emerging market indexes, ETF investors have been busy putting money into the market, according to New York-based financial research firm TrimTabs. Over […]

Barrons – Hedge funds generated gains of 2.5% in October, their best month of the year so far, says the Hennessee Group. That was still less than the 10.8% advance by the S&P 500. But it was also less than the typical […]

Forbes – Citi seems intent on continuing to invest in private equity and hedge funds despite restrictions from the implementation of the Volcker Rule in July of next year. The bank announced that it will invest $800 million of shareholder […]

Reuters – AXA Investment Managers (AXA IM) is planning to launch a series of funds of hedge funds that it hopes can protect investors from shock market events and longer-term market trends, after a volatile summer in which such funds […]

Dow Jones – Hedge funds posted the strongest monthly gains so far this year in October, riding on the equities market’s strong rebound. However, the HFRI Fund Weighted Composite Index’s 2.43% gains in October were less than the S&P 500’s […]

Huffington Post – A minuscule tax on financial transactions proposed by congressional Democrats would raise more than $350 billion over the next nine years, according to an analysis by the Joint Tax Committee, a nonpartisan congressional scorekeeping panel. The analysis […]