Courthouse News Services – Porsche “corner(ed) the market in VW stock” in a “massive short squeeze,” driving up the share price after inducing investors to sell short, costing other investors more than $1 billion, a group of hedge-fund traders claims […]

Opalesque – Preqin research shows that the number of public pension systems investing in hedge funds has increased significantly over the past four years. There are now 295 public pension plans worldwide known to be allocating to hedge funds, up […]

Fierce Finance – What to make of Anil Kumar? He seemingly had it all as a respected consultant at McKinsey & Co. And yet he had some nugget of insecurity, so it seems, that made him easy picking for the […]

BBC – The German sports carmaker Porsche is holding its annual meeting with investors. The market will be hoping for the latest news on the long-awaited merger with Europe’s biggest automaker Volkswagen. Profits at Porsche have just tripled thanks to […]

Advanced Trading – Hedge funds were leery of the Japanese economy even before last week’s devastating earthquake laid waste to the island nation’s infrastructure and marketplace. Long before global markets plunged in the aftermath of the quake, hedge funds were […]

DealBook – War is brewing: proxy season is fast approaching, and companies are gearing up for their annual fight against activist hedge funds. Now an opening salvo from the prominent law firm Wachtell Lipton Rosen & Katz could, if successful, […]

Reuters – RAB Capital saw losses almost treble last year after assets fell further, highlighting the hedge fund firm’s struggle to recover from a client exodus during the credit crisis. The group, which warned in September that full-year results would […]

WSJ – CME Group Inc. has fined hedge fund Goldfinch Capital Management LP for violating natural-gas trading rules for the third time in two years. The operator of the New York Mercantile Exchange, home of the U.S. gas futures benchmark, […]

Reuters – Porsche SE shares rebounded on Wednesday as traders brushed off a new lawsuit filed against the German sports car maker by hedge funds in the United States. Shares of Porsche were up 0.1 percent at 51.39 euros at 1036 […]

Business Insider – Traders in Tokyo and Hong Kong said hedge fund selling of Nikkei futures, especially the Singapore-listed contracts , was behind the deepest drop in Japanese shares. Cash volumes on the Tokyo Stock Exchange hit a record for a […]

Reuters – The devastating human and economic toll from Japan’s earthquake and tsunami has jolted world markets, but top U.S. hedge fund and money managers see a bittersweet buying opportunity in companies ranging from American auto companies to small- and mid-cap […]

NY Post – Former Advanced Micro Devices boss Hector Ruiz had an “intimate relationship” with Danielle Chiesi, a former hedge-fund manager accused of helping Galleon co-founder Raj Rajaratnam orchestrate a massive insider-trading scheme, a key government witness testified yesterday. Ruiz, […]