Reuters – The richest 25 hedge fund managers made a bit less money last year. But don’t cry too hard. Collectively, this privileged class of traders did quite well for itself — raking in some $22 billion in compensation, according […]

Reuters – RAB Capital is to launch two new investor-friendly hedge funds with $100 million of seed capital, as the hedge fund firm battles to recover clients it lost during the credit crisis. The two new “Ucits” funds — Europe-based […]

CityBizList – After seeing his record 2007 payday shattered by David Tepper in 2009, John Paulson has reclaimed the title of highest-paid hedge fund manager. The Paulson & Co. chief earned a whopping $4.9 billion in 2010, according to AR magazine’s […]

Bloomberg – Sentosa Capital Pte, run by former bankers who started Standard Chartered Plc (STAN)’s fixed-income and capital markets businesses, is setting up a hedge fund to trade Asian debt as it targets an “underserved investment segment.” The Singapore-based firm is […]

Reuters – Former Goldman Sachs trader Morgan Sze is set to launch his highly anticipated $1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters. Sze’s Azentus Capital has received commitments of more than […]

Bloomberg  – Jeffrey Matthews, founder of hedge fund Ram Partners LP and author of “Pilgrimage to Warren Buffett’s Omaha,” talks about the resignation of David Sokol from Berkshire Hathaway Inc. Sokol, once a candidate to succeed Warren Buffett as the […]

Bloomberg – The highest-paid U.S. hedge fund managers at some of the biggest and best-performing funds got slightly over $22 billion in pay last year, the New York Times reported, citing an annual ranking by AR Magazine. That compares with ten […]

Advanced Trading – Goldman Sachs employees may be trying to flee their Tokyo digs , but hedge funds apparently can’t get enough of Japan right now. Prior to the earthquake, hedge funds bet heavily on Japan’s equity markets to falter. Many […]

Fox – Federal investigators have questioned executives at Bank of America’s Merrill Lynch brokerage unit about the firm’s relationship with Galleon founder Raj Rajaratnam, who is accused of committing securities fraud by earning millions of dollars of illegal profits by trading […]

Bloomberg – Tokyo Electric Power Co.’s shareholders may be wiped out by clean-up costs and liabilities stemming from the worst nuclear accident since Chernobyl. The company faces claims of as much as 11 trillion yen ($133 billion), if the crisis […]

Business Insider – Hedge funds have been piling into the Nikkei since the sharp selloff in the wake of Japan’s disaster, according to data from Societe Generale. While these funds were not following what was an established trend at the […]

CNN – An Apple leak, hedge fund FUD or a false rumor out of the wild west of the blogosphere? Several Wall Street analysts finally caught on to the significance of Jim Dalrymple’s report in The Loop Monday that there would […]