HK News – Greater transparency and closer surveillance in the hedge fund industry can help ensure a level playing field, better investor protection and reduce financial stability risk, Secretary for Financial Services & the Treasury Prof KC Chan says. Delivering […]

WSJ – Japan’s move to weaken its currency dealt a blow to a group of fast-trading hedge funds that had been piling up profits betting on a stronger yen. Some of these investors dumped their yen holdings Wednesday, hoping to […]

Bloomberg – Goldman Sachs Group Inc. proprietary traders who created a hedge fund within the firm in 2007 have generated a return of about 3 percent this year, beating the industry average, people briefed on the gain said. Goldman Sachs […]

Reuters – Embattled Swiss-based hedge funds manager Arsago Capital Management has set its sights on investment in Latin America after losing 80 percent of its assets and key staff in the wake of the credit crisis. Once regarded as a […]

CityBizList – Billionaire Jeffrey Gendell’s hedge fund Tontine Capital Partners and related entities have sold Exide Technologies (Nasdaq: XIDE) stock worth $10.12 million, the biggest in ongoing sales since May, according to an SEC filing. The Greenwich, Conn.-based fund sold […]

FavStocks – The event will take place at the Offices of Thomson Reuters in San Francisco on September 30, 2010 from 4:00 p.m. to 7:00 p.m.  The event will include Scotch tasting, appetizers and food, and socializing. The event is […]

All About Alpha – Less than a year ago, clear-colored magnifying glasses were all the rage among investors looking at hedge funds – transparency to the max, right down to demands of seeing individual positions and trades. Even on the back-office […]

CityBizList – Led by Peter Kolchinsky, Boston-based hedge fund manager RA Capital Management, LLC openly criticizes Cypress Bioscience, Inc. in a recent SEC filing. The filing – which shows that RA Capital owns a 5.46 percent stake in, or 2,107,392 […]

EurActiv – Reaching an agreement on the regulation of hedge funds is vital for the health of Europe’s financial sector, says EU Internal Market Commissioner Michel Barnier. In an exclusive interview with EurActiv.fr, he also backs “new ideas” like eurobonds to finance […]

BusinessWeek – Like a lot of hedge-fund guys, I’ve recently endured what might be misconstrued as a nervous breakdown. Before CNBC or the New York Times or some other rag grabs the story and distorts it, I want to tell […]

Reuters – Citigroup’s private bank has hired a Union Bancaire Privee hedge fund executive as head of management investments and advisory for Asia-Pacific, according to an internal memo seen by Reuters on Tuesday. Roger Bacon, who was head of Union Bancaire’s […]

Bloomberg – The U.S. hedge-fund industry’s biggest lobbying group urged regulators against cracking down on high-frequency trading, saying new rules would increase costs for all investors and make markets less liquid. Requiring computerized traders to buy and sell shares during […]