IFA – More hedge funds will create ETFs to provide investors with low-cost access to their funds while broadening their distribution capabilities, BlackRock says. The firm’s ETF Landscape says hedge funds, which have typically been difficult for many investors to […]

Bloomberg – Credit Suisse Group AG, Switzerland’s second-largest bank, appointed Myo Schollum as head of prime services coverage in Japan as part of efforts to expand the business catering to hedge funds. Schollum, 35, is replacing Yoji Koga, who retired […]

Bloomberg – Daniel Och, founder of $25 billion hedge fund firm Och-Ziff Capital Management Group LLC, looks out from the podium over the crowd of investors and money managers nibbling on chicken salad at Manhattan’s St. Regis hotel and repeats […]

WSJ – One of Europe’s largest institutional investors has pulled out of funds of hedge funds, removing more than $500 million (EUR383 million) from the troubled sector, saying it doubts their utility and dislikes their lack of transparency. The EUR11.8 […]

NYT – With the mercury rising — along with an increase in air-conditioning demand — hedge funds last week upped the ante on natural gas prices believing they will rise for the first time in six weeks, Bloomberg News reported. […]

NYT – A State Supreme Court judge in Manhattan dismissed 13 charges on Thursday in a criminal case against the political consultant Hank Morris, but ruled that some of the most serious ones could remain. Mr. Morris, a Democratic strategist […]

Bloomberg – Companies owned by members of Bernard Madoff’s family should pay tens of millions of dollars to help victim’s of his Ponzi scheme, the trustee recovering funds for investors said in three lawsuits. Madoff’s family members used the money […]

WSJ – Twenty-one years ago, Li Lu was a student leader of the Tiananmen Square protests. Now a hedge-fund manager, he is in line to become a successor to Warren Buffett at Berkshire Hathaway Inc. Mr. Li, 44 years old, […]

Financial Times – The US stimulus debate features two warring camps. The Obama administration insists that a failure to stimulate will open the door to a double-dip recession. Its foes retort that continued stimulus could scare investors into dumping US […]

Bloomberg – Facebook Inc. will probably put off its initial public offering until 2012, giving Chief Executive Officer Mark Zuckerberg more time to gain users and boost sales, three people familiar with the matter said. Facebook would benefit from another […]

NYT – More than ever, the biggest investors are entrusting their money disproportionately to the largest hedge funds. They may discover that bigger isn’t always better. The size fetish has meant that the share of industry assets held by firms […]

Independent – LinkedIn, the social network for professionals, is believed to have received investment from a hedge fund that values the site at more than $2bn (£1.3bn). Tiger Global Management paid $20m to buy a 1 per cent share from […]