The Globe & Mail – Canada’s best performing hedge fund manager of the past year has generated triple-digit gains from surging resource stocks, but now expects market leadership to switch to technology wallflowers. “There will be a pullback in resources […]

Bloomberg – Greg Lippmann, who gained fame for his bets against subprime mortgage securities, brokered wagers against the bonds to at least 50 hedge funds during 2006 and 2007, the formerDeutsche Bank AG trader told the Financial Crisis Inquiry Commission. The […]

Reuters – Pension schemes are moving away from the usual equity/bond/real estate mix to put their eggs in as many baskets as possible. No wonder then that the USS — the 31.6 billion pounds UK universities pension fund — is putting […]

Bloomberg – Gottex Fund Management Holdings Ltd. said client assets increased 6.4 percent in the fourth quarter of last year as the Swiss and U.K.-based hedge fund firm added managed accounts and started a joint venture. Fee-earning assets rose to […]

Business Insider – Robert Burton, the CEO of Burton Capital Management, is not happy. He donated $3 million to UConn’s football team (he’s donated $7 million over the years), but he wants his money back and his name removed from from a […]

Reuters – Hedge fund magnate Steven Cohen reported a 5.3 percent passive stake in Domino’s Pizza Inc, sending its shares up 2.4 percent after the bell. Cohen, founder of hedge fund SAC Capital, owns 3.2 million shares of the pizza […]

Barrons – Last year, flexibility was the key to outperforming in hedge funds, according to a study by industry consultant Hennessee Group. In a report out today, it says that managers who keyed on moving as events seemed to dictate rather […]

Investment Executive – The U.S. Securities and Exchange Commission proposed a rule Tuesday that would require advisors to hedge funds and other private funds to report certain information to the new U.S. Financial Stability Oversight Council. Under the proposal, larger […]

Reuters – The financial services industry is practically “lawless” and needs better regulation of individuals entering the sector, a partner at Toscafund, one of the UK’s most high-profile hedge fund firms, said on Monday. Savvas Savouri, partner and chief economist […]

Bloomberg – On Jan. 2, Jim Clark, a founder of such technology icons as Netscape Communications Corp. and Silicon Graphics Inc., was at home in Palm Beach, Florida, when he got an e-mail from an executive at Goldman Sachs Group Inc.’s private […]

Arabian Business – US hedge funds are likely to relaunch a legal bid targeting a planned merger between carmakers Porsche and Volkswagen, both of which Qatar Holding owns a minority stake in, VW’s finance chief said. “There is a high […]

New York Times – Vanisha Mittal Bhatia, the only daughter of the world’s fifth-richest man, Lakshmi N. Mittal, ArcelorMittal’s chief executive, recently purchased a sizable stake in the quantitative hedge fund Roc Capital, according to a filing with the Securities […]