Reuters – Man Group has won a mandate to run 1.2 billion euros (1.0 billion pounds) for German pension fund BVK, as the world’s biggest listed hedge fund firm tries to woo clients after bleeding assets during the crisis. The mandate, […]

BBC – With the start of his trial in Manhattan, Mr Rajaratnam finds himself cast, by prosecutors at least, as the latest poster boy for Wall Street skulduggery. When they announced his arrest in October 2009, prosecution lawyers described the […]

Leave it to a hedge fund named for a philosophical Roman emperor to try to turn a contentious corporate bankruptcy into a campaign for decency and morality. Mark Brodsky, chairman of Aurelius Capital Management, is at the center of a […]

CTPost – The wealthy owner of a group of Stamford-based hedge funds pleaded guilty Monday to five federal charges, and two of his co-defendants are under arrest in Florida for their role in a massive Bernard Madoff-like Ponzi scheme that may […]

Reuters – Top hedge funds turned conventional wisdom on its head in the fourth quarter by swapping out Wall Street powerhouse Goldman Sachs Group Inc for battered bailout survivor Citigroup Inc. Viking Global Investors manager Andreas Halvorsen sold off all his […]

City AM – Hands-on investing is on the rise. It is not just hedge funds – increasingly, all shareholders are being encouraged to be more assertive. This year has started well for activist investors, those outspoken stake-builders that push boards […]

Reuters – That well-known line from the classic 1967 movie “The Graduate” may sum up the recent investment strategy of some top hedge fund managers, including James Dinan and David Einhorn. A wave of managers snapped up shares of LyondellBasell […]

FT – Some of London’s biggest hedge fund managers are shifting their operations to Malta in response to both the rising costs of business and the growing regulatory burden in the UK. The Mediterranean island is emerging alongside traditional rivals to […]

Reuters – Nervous analysts have worried for years that the stellar stock prices of technology giants Apple Inc and Google Inc could tumble back to earth. Now some top hedge fund managers like Steve Mandel and Lee Ainslie appear to be […]

TheStreet – Goldman Sachs CEO Lloyd Blankfein will testify for the U.S. government at the coming trial of hedge-fund manager Raj Rajaratnam, The Wall Street Journal reported, citing people familiar with the matter. The Securities and Exchange Commission has charged […]

Global Pensions – New York City’s police pension hired Permal Group to invest in hedge funds, choosing the Legg Mason unit over firms including Blackstone Group. The Board of Trustees of the New York City Police Pension Fund voted yesterday […]

Reuters – A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government […]