New York Post – Despite being dogged by rumors of an insider-trading probe for nearly two years now, hedge-fund mogul Steve Cohen appears to have no trouble getting people to give him money. In fact, the 55-year-old billionaire founder of […]

Bloomberg – Standard & Poor’s President Deven Sharma declined to pick a winner among deficit-reduction plans being debated by U.S. lawmakers, telling a House panel that decisions on whether to downgrade the nation’s debt will hinge on the long-term impact […]

Reuters – Hedge funds are once again turning their attentions to flotations as a way of cashing in on resurgent interest in the $2 trillion industry, despite a poor year for IPOs and a chequered track record for the listed […]

Bloomberg – Yesterday afternoon a few dozen hedge-funders abandoned their desks to sail 12-Metre America’s Cup yachts on the Long Island Sound. The majestic boats made their way out of Indian Harbor Yacht Club in Greenwich, Connecticut, past the waterfront […]

Greenwich Time – The toast of this suburban hedge fund hub four years ago, when Paul Tudor Jones II and George Soros opened their Rolodexes for him at a star-studded fundraiser in Greenwich, these days President Barack Obama is testing the loyalty of some […]

Opalesque – Participants in the latest Opalesque Austria Roundtable, sponsored by Salus Alpha Group and the Opalesque Roundtable Series sponsor Custom House Group, and held in Vienna at the end of June, all agreed that it is easier to sell hedge funds products in […]

Bloomberg – Paul Ruddock was eight when, on a visit to London’s Victoria & Albert Museum, he came across a boarded-up room of sculpture casts. “I remember looking through a chink in the plywood, seeing Trajan’s Column, and just being […]

Reuters – New European hedge fund launches are starting life with more client capital than ever, data from EuroHedge showed on Wednesday, as investors put their faith in a select band of managers they think can guide them through choppy markets. […]

San Francisco Chronicle – Wealth managers are looking to boost allocations to markets in the Asia-Pacific region in the next 12 months as they expect higher returns, according to a study by Scorpio Partnership Ltd. Eighty-four percent of investment professionals […]

Economic Times – Hedge fund legend George Soros has suggested regulatory red tape is leading him to bow out of investing other people’s money. He’s not alone. Stanley Druckenmiller and Carl Icahn made similar noises when handing back investors’ money. […]

Accounting Today – President Barack Obama and Speaker of the House John Boehner, R-Ohio, made the case for their rival approaches to controlling the nation’s spiraling budget deficit as the clock ticks down to the August 2 deadline for raising […]

Bloomberg – George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades. Soros, who turns […]