Reuters – Many a top bank trader will struggle to replicate what ex-Goldman Sachs stars Pierre-Henri Flamand and Morgan Sze are doing: raising billions of dollars to start their own hedge funds. Traders who have been paid well for years to […]

Reuters – Japanese stocks plunged 10.6 percent on Tuesday, posting the worst two-day losing streak since 1987, on reports of rising radiation near Tokyo, suggesting any deterioration at a quake-hit nuclear plant could trigger more panic selling led by hedge funds. The yen tripped […]

Greenwich Time – A Greenwich man who sued JPMorgan Chase & Co., claiming he was singled out for blowing the whistle on alleged deceptive investment and management tactics, has withdrawn his lawsuit, according to court records. The lawsuit, filed in July 2010 […]

NY Daily news – Faced with tough questions about why her agency’s top lawyer was allowed to write briefs and perform other legal work pertaining to Bernie Madoff despite his personal stake in Madoff’s epic Ponzi scheme, the chairwoman of the Securities […]

BusinessWeek – One in four hedge funds is already clearing over-the-counter derivative trades, up from none in October, before new rules require changes later this year to the $583 trillion market, according to analysts at UBS AG. Most interest-rate, credit-default […]

Bloomberg – Hedge funds increased bullish bets on sugar to the highest in more than a year on expectations that worldwide demand will increase. In the week ended March 8, funds and money managers increased net-long positions, or wagers on […]

Investment International – Hedge funds around the world are expected to attract $210 billion in new money this year, helping to set a fresh record for assets, according to a survey by Deutsche Bank. The increase of new money, roughly […]

Domain B – Former McKinsey boss Rajat Gupta, accused by the US Securities Exchange Commission of conspiring with hedge fund executive Raj Rajaratnam in an insider trading scam, has opted for ‘leave of absence’ from New Silk Route, a PE […]

Crain’s — Cook County Sheriff Thomas Dart set bond at $100,000 for millionaire hedge-fund trader Mikhail Malyshev, who was indicted on two counts of perjury on Wednesday. The sheriff’s office began an investigation of Mr. Malyshev, 41, after his former […]

Boston.com – Secretary of State William F. Galvin charged a Cambridge hedge fund manager with using inside information about drug trials from a so-called expert network firm to profit on trades in pharmaceutical stocks. In a complaint filed yesterday, the […]

ABC – Shares of Iron Mountain Inc. jumped in heavy trading Thursday after a hedge fund nominated four directors to the board of the Boston-based data storage and management company. Elliott Management, a hedge fund run by investor Paul Singer […]

Reuters – Just 20 funds cornered 56 percent of the hedge fund assets in Hong Kong, a survey by the Securities and Futures Commission released on Friday showed. More than 500 hedge funds in Hong Kong managed $63 billion at […]