Bloomberg – RAB Capital Plc founders Philip Richards and Michael Alen-Buckley will invest $30 million of their own money in the company’s biggest hedge fund so it doesn’t have to separate illiquid assets from other holdings. The investment increases the founders’ […]

Reuters – Italy, France, Spain and Belgium extended their short-selling bans on Thursday in a bid to cushion bank stocks from the euro debt crisis, but hinted the curbs could be lifted by October. Spain and Italy said their bans […]

Opalesque – Total capital invested in Emerging Market-focused hedge funds increased by $1.4 billion during the second quarter, including new capital inflows of over $300 million and performance-based returns of $1.1 billion, according to data released today by HFR (Hedge Fund […]

D0w Jones – RiverCrest Capital, which was set up in January as a joint venture between Beckwith’s private investment vehicle Pacific Investments and Rod Barker, a former partner and director of business development at International Standard Asset Management, has hired […]

Seeking Alpha – Late in Tuesday’s market session I began to acquire shares of Bank of America. At the time I saw the risk/reward trade-off of owning the stock as benefiting long speculators and investors. There is no doubt that […]

Bloomberg – Washington Mutual Inc. creditors and shareholders made final arguments for and against the company’s $7 billion reorganization plan, disagreeing over whether hedge funds committed insider trading during the almost three-year bankruptcy of the defunct bank holding company. Shareholders have asked […]

San Francisco Chronicle – Hedge funds’ bearish bets against the Standard & Poor’s 500 Index increased to the highest level since 2008 after this month’s stock slump raised concern that economic growth is slowing, Societe Generale SA analysts said. The […]

Bloomberg – John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, has lost about 14 percent this month on a merger arbitrage hedge fund, according to an investor. The Paulson Partners Enhanced fund […]

The Street – Hedge fund managers, known for risk taking in pursuit of investment gains, have spent more time protecting investors as stocks recorded the steepest declines in three years. and institutions, have fallen 1% from the start of the year […]

Business Insider – Carl Icahn’s hedge fund made $120 million shorting the S&P index last week, according to Bloomberg. Add that to the $415 million Icahn Capital made when its huge stake in Motorola got a boost from the announcement of its deal […]

Guardian – Swiss banking firm UBS has become the latest bank to cut thousands of jobs around the world, although Britain will escape the brunt of the cuts. Zürich-based UBS, which employs 65,000 people worldwide, said on Tuesday it was cutting […]

Guardian – Bank of America continued its tailspin on Tuesday as shares in the largest US bank tumbled by another 6.4% to their lowest level since March 2009, fuelling fears of a second banking crisis. As concerns mounted that BoA […]