Forbes – Everyone knows August was a volatile month after the downgrade of U.S. credit from AAA to AA on Aug. 5. But that kind of volatility is where big money can be made and while many hedge funds suffered, […]

Royal Gazette – Bermuda-based independent fund administrator Opus Fund Services has announced the acquisition of the hedge fund administration unit of San Francisco-based Agile Hedge Solutions LLC. Agile Hedge Solutions provides administration services to a portfolio of domestic and offshore […]

HFM Week – High fees, illiquidity and fear of high risk are still the biggest stumbling blocks to pension funds engaging with the hedge fund space, according to a number of trustees HFMWeek spoke to at the annual NAPF conference last week. […]

Bloomberg – When hedge funds and private-equity funds begin to reveal their inner workings to U.S. regulators, they may have to do it under different systems for two agencies. The new disclosures are required by the Dodd-Frank financial regulatory law and a […]

Bloomberg – Fortress Investment Group LLC (FIG) hired former hedge-fund managers from Artradis Fund Management Pte to head a new strategy that seeks to produce payoffs when there are unlikely occurrences that may prove disastrous for investors. David Dredge and Andrew […]

SF Gate – Raj Rajaratnam, the Galleon Group LLC hedge fund manager sentenced to 11 years in prison for masterminding an insider-trading scheme, made inaccurate statements about the federal investigation in an interview published in Newsweek magazine, U.S. officials said. […]

BBR – Northern Trust has hired Robert Morgan to lead a new unit, Northern Trust Alternatives Group, formed to develop and manage all alternative investment products, including hedge and private equity funds of funds, for institutional and personal clients. In […]

Opalesque  – Jeroen Tielman, CEO and Founder of IMQubator (“IMQ”), says that the existing investment management model is broken, and is determined to take complaints from hedge fund investors in the wake of the crisis to heart, by demanding the […]

WSJ – Wall Street regulators expressed mounting concern about SAC Capital Advisors’ trading over a nine-year period, detailing in dozens of confidential reports suspicions that the hedge-fund firm might have profited from insider information. The reports, submitted by the regulators […]

BusinessWeek – Hedge funds increased bullish bets on commodities by the most since August on mounting optimism the global economy will avoid another recession, boosting prospects for raw-materials demand. Money managers raised combined net-long positions across 18 U.S. futures and options […]

Reuters – Investors are likely to pull money out of hedge funds in the fourth quarter, said Man Group’s head of multi-manager Luke Ellis, after many funds suffered big losses this summer amidst the euro zone’s deepening debt crisis. Ellis, […]

Reuters – The mood at the recent fifth annual hedge fund “Fight Night” in Hong Kong was exuberant, with managers and executives slugging it out to raise money for charity. Twelve contenders, none of whom had ever donned boxing gloves […]