Forbes – Billionaire and founder of hedge fund, Omega Advisors, Leon Cooperman, recently gave me his thoughts on New York’s possible hedge fund tax and its likely impact on the state. “Politicians need to understand there are consequences of their […]

NewsWeek – As Democrats and Republicans haggle over the final shape of financial reform, there’s one villain both sides agree on: hedge funds. But are they really as bad as we’ve all heard? A new book takes the first steps […]

Dow Jones -Man Group PLC Chief Executive Officer Peter Clarke Thursday said the hedge-fund giant could be selling products to mainland China investors within a few years if lobbying efforts with authorities pay off. Speaking at the company’s annual general […]

Reuters – A stake in BP may seem like a curious purchase for sovereign wealth funds looking to diversify oil wealth, but it holds a definite allure: gas and renewable energy expertise and exposure to emerging economies. Sources have said […]

New York Post – The sun may be shining, but it’s gloomy in Greenwich, where normally savvy hedge fund mavens are stinging from a second straight month of losses and clueless about what to do next. Even yesterday’s superstars are […]

WSJ – Carlyle Group is being sued by liquidators of the buyout firm’s hedge fund Carlyle Capital Corp., or CCC, which collapsed in March 2008 following ill-timed investments in the mortgage-bond market, a spokesman for the liquidators told Dow Jones […]

MarketWatch – European banks rallied for a second day on Thursday, lifted by a combination of corporate profit hopes, emerging details of stress tests and a broker upgrade of the sector. After gaining 1.4% on Wednesday, the Stoxx Europe 600 […]

Bloomberg – Credit Suisse Group AG, Switzerland’s biggest bank by market value, plans to spin off two credit hedge funds by the end of September, said two people briefed on the matter. Candlewood Special Situations, a fund overseen by Michael […]

Bloomberg – Hedge-fund managers, Wall Street’s best compensated and supposedly smartest investors, are dazed and confused. Reeling from the worst second-quarter performance in a decade, hedge funds have scaled back trading as they struggle to figure out where markets are […]

Telegraph – A senior executive at Hermitage Capital Management has received death threats for pursuing allegedly corrupt Russian police officers in events that echo the killing last year of the hedge fund’s former investigative lawyer Sergei Magnitsky. The director, who […]

CityAM – Yesterday, the EU parliament delayed its plans to vote through amendments to the Capital Requirements Directive concerning bankers’ remuneration until September. The directive is expected to implement bankers’ pay reforms that will take effect in January 2011. The […]

HFM Week – The deadline for US hedge fund managers to respond to a nationwide survey on market risk has been set for the end of July, as the committee investigating the effects of the global financial crisis in the […]