WSJ – Anthony Ward’s huge cocoa bet could be melting away. Mr. Ward’s Armajaro Holdings Ltd. shook up the commodities market in July by buying a $1 billion cache of cocoa, enough to make 15 billion Hershey’s milk-chocolate bars. But […]

GoldPrice – There is much debate within the precious metals industry regarding the alleged suppression, or at least manipulation to an extent, by either central banks or the proprietary trading divisions of large banks, or a combination of the two. […]

Seeking Alpha – The Securities and Exchange Commission nicely illustrates a big problem with regulation: capture. Under the pretext of justice or fairness, the SEC routinely hurts the unorganized plebians vs. the insiders. Consider that its first commissioner was Joe […]

RTT News – After its recent entry into the telecom sector, energy giant Reliance Industries, controlled by billionaire Mukesh Ambani, is now close to signing a pact with global hedge fund DE Shaw to launch a $700-$800 million infrastructure fund, the Economic […]

MSN – Shareholders won greater clout to place directors on corporate boards Wednesday, marking the latest victory for the “shareholder rights” movement that has gradually chipped away power from top executives running U.S. corporations. But a party-line split vote at […]

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 […]

WSJ – The Alternative Investment Management Association, a global body representing hedge funds, said Thursday it will meet U.S. policymakers and supervisors in September over the implementation of the Dodd-Frank Act. “Many of the measures that feature in the Dodd-Frank […]

Bloomberg – Basis Capital, an Australian hedge fund, urged a New York judge to allow its $1 billion lawsuit over the marketing of credit default swaps by Goldman Sachs Group Inc. to proceed, calling Goldman’s request for a dismissal a “distraction.” […]

Reuters – UK asset manager Jupiter JUP.L swung to a half-year pre-tax profit in its first results since flotation, boosted by net inflows and rising fee income during a tough six months for the broader industry. Jupiter was not entirely […]

New York Observer – Earlier this month, a story splashed across the front page of the Post warned that representatives from more than a dozen New York City hedge funds had “crossed the border” to meet with Connecticut Governor Jodi Rell. […]

Guru Focus – Nassim Nicholas Taleb’s uber-bearish views on the markets are attracting interest from overseas sovereign wealth funds, The Wall Street Journal reports this morning. China Investment Corp. and Middle East government funds are considering an investment in Universa […]

Telegraph – The hedge fund made almost £700m in fees for the eight months to March 2009, a period that saw the collapse of the credit markets, the implosion of Lehman Brothers and the FTSE 100 diving below 3,500. But […]