Bloomberg – AngloGold Ashanti Ltd., the third- largest producer of the metal, raised its dividend payout and paid back debt faster than expected after its decision to cut gold hedges increased the company’s spare funds. So-called cash flow from operations […]

Seeking Alpha – It’s fairly intuitive to think that real estate isn’t the best investment to throw money at these days. Even with talk of a market bottom in the U.S. and report after report of over-inflated prices in Asia, […]

Bloomberg – Citigroup Inc., the third-largest U.S. bank by assets, drew investments from hedge funds including Lone Pine Capital LLC and Moore Capital Management LLC in the fourth quarter as the U.S. government cut its stake. Lone Pine, Stephen F. Mandel’s Greenwich, […]

The Guardian – Top banks and hedge funds must have known Bernard Madoff was running a giant Ponzi scheme, the convicted fraudster said in the first public interview since his arrest in December 2008. “They had to know,” Madoff told The New […]

Hedge Funds Review – Civil unrest in North Africa may provide interesting investment opportunities for Insparo Asset Management’s recently launched Africa Equity long/short equity hedge fund. The Africa-focused fund, managed by Jamie Allsop, launched with $7.5 million of assets under management (AUM). […]

Bloomberg – Steven A. Cohen’s SAC Capital Advisors LP boosted its shares of Apple Inc. and Genzyme Corp., two of the top five companies owned by the hedge fund. SAC bought 553,336 shares of Apple, bringing the value of shares […]

The Daily Pulp – We’ve heard all about how the Centurion and Platinum hedge funds in New York sank hundreds of millions of dollars into Scott Rothstein’s Ponzi scheme. Fort Lauderdale attorney Bill Scherer is suing them, claiming they were privy to the fraud and now […]

Irish Times – Anglo Irish Bank is being sued in federal court in New York by noteholders seeking to enforce the Dublin-based lender’s agreements on two series of notes with an aggregate principal of $200 million. Fir Tree Capital Opportunity […]

Bloomberg – Goldman Sachs Group Inc. last year bought stakes in Shumway Capital Partners LLC and Level Global Investors LP, as a way for its clients to share in the fees of the two multibillion-dollar hedge funds. This month, both firms […]

DealBook – American hedge funds reported their quarterly holdings on Monday, offering the public a rare — albeit delayed — insight into the stocks held by top money managers. The regulatory filings, known as 13Fs, display position level detail of […]

Hedge Funds Review – Potential for narrowing discounts of listed hedge funds is “significantly more encouraging” than the below 10% returns most investors expect from the broader industry this year. Three-quarters of listed hedge fund investors polled recently by Royal […]

Reuters – Level Global Investors, one of four hedge funds raided by authorities last November in a broad investigation into insider trading, told investors on Friday it would shut down, citing the pressure of the probe and investor redemptions. The Connecticut-based […]