Bloomberg – Hedge funds investing in Japan increased short-selling of companies sensitive to the yen’s strength as the currency surged amid the U.S. credit downgrade and concerns that Europe can’t contain its debt crisis, according to Deutsche Bank AG. (DBK) “What we have […]

Reuters – Hedge fund firm Citadel appears to be one of the industry’s few big winners during the market sell-off as it delivered strong returns and moved to shed non-core operations. Chicago-based Citadel’s two main funds were up 14 percent […]

Reuters – Citigroup Inc will raise headcount at its Asian prime finance unit by 20 percent to 80 this year as it looks to fight for more hedge fund clients in an industry dominated by the likes of Goldman Sachs Group […]

Bloomberg – U.S. prosecutors charged former Marvell Technology Group Ltd. (MRVL) accountant Stanley Ng with conspiracy as part of a nationwide probe of insider trading involving so-called expert networking firms. Ng, 42, provided material non-public information to Winifred Jiau, a former […]

Bloomberg – John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, lost 11 percent in the first week of August in his largest hedge fund, according to a person familiar with the firm. […]

New York Post – The bank chief, who agreed to an investor grilling today at the behest of one of BofA’s biggest shareholders, hedge fund manager Bruce Berkowitz of Fairholme Capital, will face an onslaught of questions about his firm’s […]

Gulf News – Hedge funds cut bullish bets on crude oil by the most in more than six months on growing concern that the faltering economic recovery will sap energy demand. The funds and other large speculators cut wagers that […]

Reuters – Hedge funds have delivered decent risk-return results over the past ten years. And as transparency and liquidity increased post-credit crisis, they have regained their appeal as providers of absolute return opportunities for investors. In addition, an increasing lack […]

Columbia Journalism Review – Both the New York Post and Fox News maintain enemy lists. Almost anyone who has directly crossed these organizations, or who has made trouble for their parent company, will have felt the sting here. Threats pervade […]

DealBook – Federal prosecutors recommended on Tuesday that Raj Rajaratnam, the hedge fund manager convicted of running a huge insider trading scheme, be sentenced to as many as 24 and a half years in prison. That term is the maximum […]

Bloomberg – Och-Ziff Capital Management Group LLC (OZM) and Brevan Howard Asset Management LLP hedge funds advanced last week as some of the industry’s largest managers dodged the deepest slump for global stocks since 2008. Och Ziff, the $30 billion […]

RiskNet – Fund of hedge funds (FoHF) portfolios with more than 25 underlying managers have weaker performance and increased tail risk, according to research from New York University’s Stern School of Business Investing in hedge funds can be a risky […]