WSJ – Some of Europe’s largest hedge funds are limping this year after making bad bets on investments like the euro and emerging markets. A $2.7 billion fund run by Brevan Howard Asset Management LLP in London, called the Emerging […]

Dow Jones – The financial crisis has taught regulators to be more aggressive with big financial firms, Federal Reserve Chairman Ben Bernanke said Thursday. Speaking to a Senate panel together with other senior regulators, Bernanke said: “We’ve all learnt lessons […]

Bloomberg – Bonnie Hoxie, the former Walt Disney Co. employee who pleaded guilty to trying to sell confidential earnings information, should get a term of as long as 10 months in prison, U.S. prosecutors said. Hoxie, the former assistant to Disney […]

Bloomberg – Philip Falcone’s LightSquared Inc. venture is close to securing a $585 million loan to build its wireless network, as it negotiates a wholesale deal with a nationwide carrier, said two people familiar with the plans. An official announcement […]

Tampa Bay Business Journal – Hedge fund manager Terry D. Rawstern estimates the combined value of his 2000 Pontiac Firebird and 2001 Explorer at $6,000. His house in Greyhawk Landing, valued at $335,000 for tax purposes, is in foreclosure. He has […]

Reuters – Activist investors are back and flexing their muscles again after fading into the background during the credit crisis, though they are now dependent on cutting deals with big institutions to get their way. While not quite back to […]

Bloomberg – Hedge funds and insurers might threaten U.S. economic stability in a time of crisis, according to a report aimed at helping regulators decide which non-bank financial companies warrant Federal Reserve supervision. An exodus of hedge-fund investors could “cause […]

Opalesque Industry Update – Emerging markets hedge funds posted industry-leading gains in 2010, led by funds with regional exposure to Russia and the Middle East, according to Hedge Fund Research, Inc. (HFR), the leading provider of hedge fund industry data. […]

Business News – The asset management arm of Shanghai-based Guotai Junan Securities Co. will launch a financial product in early March that may become China’s first hedge fund, the aim of which is to hedge systematic risks on the A-share […]

Chicago Tribune – Former JPMorgan banker Bill Winters is teaming up with Lord Jacob Rothschild, a senior member of one Europe’s most revered banking dynasties, to launch an asset management and hedge fund business in London. Winters is setting up […]

Bloomberg – Harbinger Capital Partners LLC, the hedge-fund run by billionaire Philip A. Falcone, lost 19.5 percent last year in a pool of hard-to-sell assets that it’s divesting, according to a letter sent to investors this week. Falcone also told […]

CityWire – Gervais Williams’ MAM, Funds has attracted the attentions of star hedge fund manager George Soros’ fund management firm. Quantum Partners, an investment fund run by Soros Fund Management, has taken a stake in UK fund management group MAM Funds. […]