Blockbuster Inc. is preparing to put itself up for sale after creditors disagreed on plans to give the movie-rental chain more cash to help it exit bankruptcy protection, people familiar with the matter said. Blockbuster now plans to seek buyers […]

Hedge Funds Review – DMS Management, a management company based in the Cayman Islands focused on providing independent directors for the hedge fund industry, has opened a representative office in Hong Kong. Supported by DMS’ Cayman, the office will provide localised […]

Business Standard – With aluminium lagging other base metals’ spiral in the past year, hedge funds are eyeing this white metal as the next growth avenue for high profitability. Until recently, aluminium was considered a subsidiary to copper for portfolio […]

The Street – Hedge fund managers are raising their stakes in Sirius XM. Eighteen hedge funds added to current positions or established new ones, including heavyweights like Steven Cohen’s SAC Capital Advisors and Shumway Capital. Ten hedge funds trimmed positions while only […]

Bloomberg – Northwest Investment Management Ltd., a Hong Kong-based company sold by RAB Capital Plc in 2009, plans to raise $250 million in a year for an Asia-focused stock hedge fund, said Chief Executive Officer George Philips. The market-neutral Northwest Equity Alpha […]

The Irish Emigrant – It has emerged that a New York and Miami-based hedge fund which invests in the U.S. mortgage market is demanding that Anglo Irish Bank be stopped from transferring $10.7bn of assets out of the U.S. Fir […]

Bloomberg – U.S. hedge-fund managers are reacting to the government’s insider-trading investigation by hiring security firms to comb their offices and homes for listening devices, the Financial Times reported. Christopher Falkenberg, of New York firm Insite Security, said hedge funds have, in […]

Reuters – Hedge funds are turning attention to Japan once again and are set to attract more capital on expectations a pick-up in corporate activities there like M&A and share buy-backs would yield strong returns. The resurgent interest in Japan could […]

New York Post – Fugitive hedge-fund manager Brian Kim, who stands accused of cheating investors out of $4 million, appears to have scrambled to cover a telltale sign of his alleged fraud on the heels of Bernie Madoff’s massive Ponzi […]

New York Daily News – A Brooklyn rabbi convicted of extorting $4 million from a hedge fund was sentenced Friday to four years in prison. Milton Balkany, 64, who headed a religious day school for girls in Borough Park, faced up […]

Cayman News Service – Local hedge fund firm dms Management Ltd has opened an office in the Asia-Pacific region. The firm said the dms Management (Hong Kong) Limited ensures real-time service for DMS’ Asia-Pacific clientele and solidifies the global strength […]

Guardian – Hedge funds run by women have fallen only half as much during the financial crisis as those managed by men, research shows. The value of female-managed funds dropped by 9.6% in the past year, compared with a plunge […]