Reuters – Investors are largely sticking with hedge funds to guide them through the summer’s highly volatile markets, data showed on Thursday, despite lacklustre performances so far this year from these freewheeling portfolios. The GlobeOp Forward Redemption Indicator — a […]

Bloomberg – Bets global stocks will fall have surged at hedge funds to the highest level since July 2009 as the economic slowdown and European debt crisis spur the biggest losses in almost three years. An index of hedge fund assets […]

Star Telegram – The star commodities trader was lured from JP Morgan to much hullabaloo. There was anger over his two-year guaranteed bonus and the promise he and his team would pocket 15pc of all their profits. But mostly, because […]

Telegraph – Former Rangers owner Tom Hicks was sued Monday by the team’s post-bankruptcy administrator, who says the wealthy Dallas investor “stole” tens of millions from the major-league franchise to acquire what are now highly lucrative parking lots near Rangers […]

President Barack Obama and other Democrats have been applauding Warren Buffett for once again stirring up the debate over taxes. In an op-ed column in the New York Times on Monday, the self-righteous, falsely modest Omaha multi-billionaire called for a higher tax […]

CNBC – Hedge funds peeled back the curtain this week to reveal a bit about what biotech stocks they were buying and selling during the second quarter. Funds that manage more than $100 million are required to disclose their equity […]

AP –  A New York judge has rejected a request by lawyers for a one-time billionaire convicted in an insider trading case to reverse the jury verdict. Judge Richard Holwell (HAHL’-wehl) ruled Tuesday that evidence supported the conviction of Raj […]

Forbes – A trade group representing hedge funds spent more than $1 million in the second quarter lobbying federal officials on new regulations that will expand disclosure requirements for the funds. The $1.03 million that the Managed Funds Association spent […]

Mass Device – Paulson & Co. Inc. is Boston Scientific Corp.’s largest shareholder no more, after liquidating its position in BSX completely by selling off some 15 million shares of the Natick, Mass.-based medical device company during the second quarter. […]

SeekingAlpha – PG-Axon Management is a New York based hedge fund with more than $2.9 billion in reported long equity positions in U.S. listed stocks. The fund operates a concentrated portfolio of diverse names, including Sprint Nextel Corp., Mosaic Co. and […]

Bloomberg –  Hedge funds run by John Paulson, George Soros and Steve Mandel cut back on bank shares in the second quarter, before Citigroup Inc. and Bank of America Corp. lost more than one-fifth of their value. Tudor Investment Corp. […]

TheStreet – Legendary investor George Soros, 81 years old, had a wild second quarter as his $5.6 billion hedge fund added 198 new stocks and sold out of 348 in what turned out to be a wholesale reshuffling of his […]