Reuters – Hedge fund manager Lee Ainslie swapped a bet on one big bank for another in the second quarter, selling off all his shares of Bank of America Corp and investing in Citigroup Inc instead. Ainslie’s Maverick Capital was joined […]

Financial Standard – Investors flocked to Asian hedge funds in the second quarter, attempting to take advantage of China’s moves towards increased currency flexibility, according to a note by US-based Hedge Fund Research. Asian hedge funds experienced net inflows of […]

HedgeWeek – Market commentary and discussion on the merits and limitations of alternative Ucits funds continue to generate considerable interest for hedge fund managers and their investors. The interest is backed by recent statistics from the European Fund and Asset […]

Telegraph – JP Morgan Asset Management (JPMAM) is on the verge of appointing the former head of BlackRock’s European arm to run its global institutions franchise from London, in a further sign of the bank’s continued commitment to the UK. […]

Bloomberg – Samuel Cole has left BlueMountain Capital Management LLC, where he served as chief operating officer and co-head of trading for the $4 billion fund whose founders helped create credit-default swaps. “He’s considering a variety of other options,” said […]

WSJ – Amid growing worries about deflation, or a sustained period of falling prices, some analysts recommend that investors buy bonds, which can do better in that kind of dangerous environment. But interest rates on all kinds of bonds are […]

Auto News – The Carlyle Group, where Dan Akerson has honed his investment and turnaround skills since 2003, is one of those companies that attracts conspiracy theorists.’ New York Times columnist Maureen Dowd referred to the Washington, D.C.-based investment firm […]

Scotsman – The economy is set for a prolonged depression and the Scottish Parliament is “a wanton waste of a poor country’s resources”. So says Hugh Hendry, a high-profile hedge fund manager who left his humble roots in Castlemilk behind […]

MarketWatch – Peacocks’ owners will kick off a search for potential buyers next month, valuing the U.K. clothing chain at an estimated GBP600 million, according to the Daily Mail on Sunday newspaper, without saying where it got its information. Advisers […]

Reuters – Fund firm Castlestone Management plans to launch a portfolio investing in emerging markets from the Philippines to Iran, hoping they will show the same rapid growth seen in China and India in recent years. The Next 11 Emerging […]

Bloomberg – Investors withdrew a net $7.1 billion from equity funds tracked worldwide in the week to Aug. 25 and put some $5.2 billion into bonds amid concern economies in the U.S. and Europe are losing momentum, EPFR Global said. […]

Bloomberg – Jim Grabb and Richey Reneberg are teaming up on Wall Street, 18 years after capturing the doubles championship at the U.S. Open. The duo work in adjoining offices at hedge fund Taconic Capital Advisors LP, the latest stop along a […]