French Tribune – Discussions to rupture a gridlock stuck between Britain and France above the design of latest EU hedge-fund domination finished in confusion on Wednesday, placing their finance ministers on track for a conflict when they convene next week. […]

New York Post – Fortune Brands is searching for an investment bank to possibly help defend the company against shareholder activist William Ackman, The Post has learned. Last week Ackman disclosed that his hedge fund, Pershing Square Capital Management, had […]

Reuters – Funds of hedge fund managers are not about to make any big changes to their portfolios in the coming six months as investors fret the world economy’s recovery from the Great Recession is stuttering, a Reuters poll showed. […]

Irish Times – “GROUP THERAPY for hedge funds” was how one investment manager with some of the €250 million of subordinated debt at Irish Nationwide described a conference call being held today by a London law firm for disgruntled bondholders. […]

Telegraph – Last month debt fund specialist Varde swooped on Crest, buying a 30pc equity stake and a quarter of its loans from Lloyds Banking Group in a £150m deal. The hedge fund, which is looking to strengthen its grip […]

Reuters – It’s the Value Investing Congress today and tomorrow, I’m not sure whether I’m going to be able to make it at all, but you can be sure that lots of financial journalists will be filing breathless reports about various […]

FundStrategy – Richard Plackett has handed the management of his BlackRock UK Smaller Companies fund to Ralph Cox. Cox has been managing the £328m fund alongside Plackett since August 2007. Cox has also worked with him on the BlackRock UK […]

WSJ – The 2008 financial crisis left activist hedge funds with big losses. But the strategy is showing signs it’s in revival mode. Such investors often take big stakes in under-performing, cash-heavy companies. They sometimes push for strategic changes, including […]

BusinessWeek – SAIL Advisors Ltd., backed by Duty Free Shoppers Group co-founder Robert Miller, plans to allocate more money to hedge funds running less liquid strategies, such as distressed securities or credit. The $1.2 billion multistrategy SAIL Flagship Fund, which […]

Hedge Funds Review Magazine – Global Prime Partners (GPP) has launched the first introducing prime brokerage service in Europe, providing clearing, custody, securities lending and financing services for emerging hedge funds. Services will be provided through correspondent relationships with Jefferies, […]

Bloomberg – Hedge funds received net deposits in August of $11.3 billion, the largest since February, as investors increased their appetite for risk, according to TrimTabs Investment Research and BarclayHedge Ltd. Emerging-market, fixed-income and macro funds, whose managers seek to […]

Bloomberg – Talks aimed at reaching an agreement on plans to regulate hedge-fund managers in Europe will continue on Oct. 14, after negotiations among lawmakers in Brussels ended today without an accord. This week will be “decisive” for discussions on […]