Bloomberg – Former JPMorgan Chase & Co. (JPM) trader Damien Bombell, who left when the bank closed a unit that bet on commodities last year, started a hedge fund to invest in metals, grains and energy. The Strand Global Macro Fund […]

Crain’s – When Roger Betz is not helping farmers as a Michigan State University Extension farm management educator for Southwest Michigan, he tends a few acres in Eaton County near Lansing. Every year, he buys a little more land, getting ready […]

MarketWatch – SS&C Technologies SSNC +1.55% , a global provider of financial services software and software-enabled services, today announced that SS&C Fund Services has been named the winner of the “Best Administrator — Technology Provider” award presented at the 3rd annual HFMWeek […]

NJ – As federal regulators grapple with new rules from last year’s financial overhaul, hedge funds and other investment advisers have been dealing with tightened — yet not closed — loopholes that allow many to avoid oversight. Before last year, […]

BusinessWeek – Greek sovereign credit-default swaps should be allowed to pay out to support demand for government bonds and ensure the wrong investors aren’t punished, according to hedge fund manager Peter Tchir. Swaps, which pay the buyer face value in […]

Bloomberg – Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year. Money managers boosted combined net-long […]

Los Angeles Times – The Obama administration said Thursday that it was actively considering sanctioning Iran’s central bank in retaliation for an alleged Iranian bombing plot, a move that could severely damage Iran’s economy and potentially provoke a strong response […]

Bloomberg – T&D Asset Management Co., with about $27 billion in assets, closed its Japan-focused hedge fund because of higher-than-expected trading costs and returned money to clients, according to four people familiar with the matter. The T&D Japanese Equity Long […]

Reuters – A sharp sell-off in commodity markets in the past few weeks is wreaking havoc with the track records of some of the biggest-name funds in the sector, many of which now languish near the bottom of the $2 trillion […]

Globe & Mail – Canadian banks are often described as boring, safe and stable, but some speculators are beginning to apply another adjective: expensive. The country’s five biggest banks trade at some of the highest price-earnings multiples in the global […]

Google UK – The Duke of Cambridge has thanked a bereavement charity from the “bottom of his heart” for helping youngsters from military families who have lost loved ones. The philanthropic organisation 100 Women in Hedge Funds raised more than […]

Bloomberg – John A. Thaler’s $3 billion global long-short hedge fund, JAT Capital Management LP, jumped 31 percent this year through September as the manager’s market- neutral stance and short positions drove returns, according to four people familiar with the […]