Economist – Eric Wong, who helps run his Hong Kong family’s money through an investment office, TCG Capital, looks like a hedge-fund manager’s dream. He’s rich, young and, having been to university there, comfortable with American ways—just the type of […]

Reuters – Steven A. Cohen, who built one of the world’s biggest and most successful hedge funds, is branching out and plans to set up his own reinsurance firm, two people familiar with the matter said. Cohen, who runs $14 […]

Bloomberg – Basis Capital, an Australian hedge fund, said one of its funds filed a new lawsuit in state court in New York against Goldman Sachs Group Inc. over the sale of securities known as Timberwolf and Point Pleasant. The […]

Bloomberg – Hedge funds reduced bets that stocks will rise to almost the lowest level since 2009 this week, according to International Strategy & Investment Group. ISI’s index of “net exposure” to stocks slipped to 44.7 yesterday, compared with its 2011 […]

Hedge Funds Review – A UK tribunal decision could change the way partners in Financial Service Authority-regulated organisations, such as hedge funds, are employed. The case also has implications for US-based hedge funds. The UK Employment Tribunal decision paves the way […]

Bloomberg – Richard Arney, head of hedge funds at BlackRock Alternative Investors, spoke to Bloomberg Television’s Susan Li in Hong Kong today about recent market swings and its implications. The BlackRock Inc. (BLK)division manages $114 billion of hedge funds, funds of hedge […]

Bermuda News – Opus Fund Services, an award winning and leading independent Bermuda fund administrator, this week announced the acquisition of the hedge fund administration unit of Agile Hedge Solutions, based in San Francisco. Opus, based in Somerset and with […]

Reuters – Poor returns at hedge funds are hurting owners and senior investment professionals as heavy losses eat into the hefty incomes the industry is famous for. Compensation at hedge funds, long known for being among the highest in the finance industry, […]

Guardian – Europe’s leaders are claiming a victory in the eurozone crisis after agreeing new deals that halve Greek debt and increase the firepower of the main bailout fund to around €1 trillion (£872bn). Athens will be handed a new […]

NYT – Large hedge funds, the secretive private investment outfits that use extensive borrowing to magnify the returns of their portfolio bets, will be required to report detailed information on their holdings to federal regulators under a new rule adopted […]

Bermuda News – Hurricane and earthquake “peak risks” avoided by reinsurers offer an opportunity for investors willing to fill the gap, according to Bermuda-based Nephila Capital Ltd., a hedge fund specialising in insurance-linked investments. “Reinsurers are forced to diversify because […]

Reuters – A laundry list of referrals about trading at SAC Capital have shed new light on the firm’s opportunistic bets but also illustrate why regulators are having a tough time making allegations of insider trading stick against one of […]