Bloomberg – Bank of America Corp., the largest U.S. lender by assets, is offering clients an electronic trading strategy that can automatically create shares of exchange-traded funds by buying and selling stocks and hedging with futures. The Charlotte, North Carolina-based […]

Seeking Alpha – If there’s one overwhelming theme we’ve seen from hedge funds as of late, it would be the ‘long high quality large caps’ trade. Whitney Tilson and Glenn Tongue’s hedge fund T2 Partners further verify this with their […]

NYT . Two former heads of one of Bank of New York Mellon’s fund of hedge funds units are planning to hang their own shingle, Financial News reported. Derek Stewart and Scott MacDonald, who previously ran BNY Mellon’s Mellon Global […]

Reuters – Hedge funds pulled in $9.5 billion during the second quarter with nervous investors preferring to send their money to the biggest and best established managers, according to industry tracker Hedge Fund Research Inc on Tuesday. Hedge fund managers […]

WSJ – Last month, Martin Coward, a co-founder and former executive of European hedge-fund group Ikos, flew from Cannes, France, to Greece on a private jet, according to people familiar with the matter. But Mr. Coward had to take a […]

Investment News – Financial advisers to some private-equity funds fear that efforts to reduce systemic risk in the financial markets, a key theme of the massive reform bill signed into law last week, are unfairly targeting them. In a congressional […]

Asian Investor – Asia-focused hedge funds perform better if they are run from within the region, a recent study from Singapore-based research firm GFIA shows, and Hong Kong-based fund of hedge funds 3A Asia says the findings are reinforced by […]

Bloomberg – Bank of America Corp., under government pressure to curb private-equity investments, plans to sell $1.2 billion of commitments to funds managed by Warburg Pincus LLC as about 30 employees join two new bank-affiliated ventures, said two people with […]

Bloomberg – Beazley Plc, a Lloyd’s of London insurer, plans to increase its hedge-fund holdings as record-low interest rates squeeze investment returns. Beazley will raise the proportion of its assets invested in hedge funds to as much as 13 percent […]

Reuters – Hedge fund selectors are backing managers who bet on corporate events such as mergers, bankruptcy or restructuring, believing there will be more “special situations” to exploit as firms battle through the downturn. Funds of hedge funds believe “event-driven” […]

Reuters – Hedge funds pulled in $9.5 billion during the second quarter with nervous investors preferring to send their money to the biggest and best established managers, according to industry tracker Hedge Fund Research Inc on Tuesday. Hedge fund managers […]

DealBook – When Gov. David A. Paterson and New York’s legislative leaders unveiled a plan last month to tax out-of-state hedge fund managers, the move ignited something of a border war between New York and Connecticut, another stronghold of the […]