WSJ – Money management is emerging as a rare pocket of the financial-services sector that is likely to avoid major change under the bank-overhaul bill recently agreed by Congress, according to some analysts. Key changes created by the far-reaching bill […]

CNN Money – At 7:30 in the morning on Oct. 16, 2009, Robert Moffat had already been at his desk at IBM’s headquarters in Armonk, N.Y., for an hour and a half. As he had almost every day in his […]

Bloomberg – Fondaco SGR SpA, the asset manager controlled by four Italian banking foundations, raised 92 million euros ($116 million) for a fund that invests in hedge funds. Fondaco Select Opportunities, which started July 1, invests in strategies including long-short […]

Reuters – Banks and other swap dealers have been left holding the rest of the market’s unwanted long positions in WTI-linked futures and options, as prompt crude prices ran into stiff resistance and began the descent back to earth. Hedge […]

Dow Jones – One of the largest Swedish state pension schemes is to increase its holdings in hedge funds dramatically as investors look to reinvigorate performance and alternative managers have redoubled their efforts to win over institutional investors. AP1, the […]

The Star – One particularly contentious section of the new U.S. regulations is the so called “Volcker Rule,” named after the former Federal Reserve chairman, Paul Volcker. The U.S. legislation, now before Congress, would prevent banks from dealing on their […]

Reuters – British fund firm Gartmore said clients were returning to its European hedge funds after big withdrawals following the March suspension of star fund manager Guillaume Rambourg. Gartmore had revealed more than 1 billion pounds of client withdrawals in […]

WSJ-  The $1.8 trillion hedge-fund industry avoided big losses in the first half of 2010 as many managers stayed defensive amid sovereign-debt concerns and worries about a double-dip recession. A global index of managers compiled by Chicago-based Hedge Fund Research […]

Bloomberg – Tan Maruyama, a former proprietary trader at Goldman Sachs Group Inc., aims to boost assets of his new Japan-focused hedge fund that bets on securities ranging from equities to convertible bonds to about $114 million. The R-SQUARED Master […]

Bloomberg – Dragon Capital Group Ltd., Vietnam’s second-biggest investment firm, has been asked by a shareholder to close two funds valued at $654 million because of “very poor performance.” VR Capital Group Ltd., a Moscow-based hedge fund, on June 17 […]

Reuters – Hedge fund managers feel they aren’t out of the woods quite yet. Seven out of 10 said they expect a “trying” year as the industry faces regulatory oversight and competition picks up with more funds likely chasing investment […]

Bloomberg – John Ho, former Asia head of the Children’s Investment Fund Management UK LLP, raised more than $100 million from investors for his own hedge fund which bets on rising and falling stocks in the region. Janchor Partners Pan […]