Bloomberg – Harvard University, the world’s richest school, said its investments rose 21 percent in the past year, outperforming benchmarks and extending the rebound from record losses in 2008. The value of the university’s endowment climbed $4.4 billion to $32 […]

New Times – Job creation is high on Gov. Dannel P. Malloy’s agenda, and the hedge fund industry in Fairfield County plays a key role in his efforts. Malloy, who knows the industry well through his 14 years as mayor of Stamford, […]

NYT – For the better part of the last two years, some of the world’s biggest hedge funds have been piling into gold, betting the precious metal would provide an effective hedge against inflation or be a safer place to […]

Bloomberg – Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in Sino-Forest Corp.  bought before the Toronto-listed timber company’s stock plunged 71 percent in two days in June. Morgan Stanley failed to settle the options […]

Guardian – Stock markets tumbled on Thursday and the pound slumped to a one-year low against the US dollar as investors took fright at a gloomy warning about the world economic outlook from the US central bank. The US Federal […]

Dow Jones -The father of a Connecticut hedge fund manager who pleaded guilty in March to running a Ponzi scheme involving hundreds of millions of dollars is battling a court-appointed receiver for control of a nuclear power firm that wound […]

Wall Street Journal – A former expert consultant to hedge funds on Tuesday became the latest man to be convicted in a wide-ranging prosecution of insider trading on Wall Street. James Fleishman, 42, of Santa Clara, Calif., was convicted of […]

Economic Times – After gold’s 10-year winning streak shattered all but the most bullish forecasts, it takes a brave man to call for a correction. It takes an even braver man to do so at the year’s biggest bullion conference. […]

Bloomberg – Hedge funds raised bullish bets on oil by the most since March as a tropical storm curtailed production in the Gulf of Mexico. The funds and other large speculators increased wagers on rising prices by 15 percent in […]

Reuters – A former prime brokerage executive at JPMorgan Chase & Co has set up a hedge fund advisory firm in Japan, betting on growth in alternative markets as Japanese investors seek higher returns than those offered by conventional investments. Stefan Nilsson […]

Traders Magazine – Direct Access, an institutional firm that offers multi-asset trading and prime brokerage, now offers clients Paladyne Systems’ FastStart, a broker-neutral platform for hedge funds covering electronic trading, order management, pre- and post-trade compliance and automated reconciliation with […]

Economic Times – Asia-focused hedge funds attracted a net inflow of about $500 million in August, increasing their total inflows for 2011 to $7 billion, as investors shrugged off volatile markets and raised bets on the region’s fast growth, new […]