Business Week – American International Group Inc., the insurer that posted a $1 billion writedown from hedge funds and private equity investments in the first quarter of last year, may have benefited from a rebound in the holdings. Rivals including […]

Investment Intervational – New rules for hedge funds in Singapore will support smaller managers in an increasingly popular hub for alternative investment vehicles, it is claimed. The hedge fund trade association has welcomed proposed new rules that recognise the needs […]

NYT – A lawmaker at the European Parliament indicated Tuesday that the E.U. is close to an accord on new hedge-fund legislation that would curb the ability of some offshore funds to raise money from E.U. investors, The Wall Street Journal […]

Opalesque  – Asia is indeed attracting a lot of attention from investors, and hedge funds are said to be making a beeline into the region. The latest global hedge fund to join in is Fortress Investment Group, a New York-headquartered […]

WSJ – The head of the securities division at Citadel Investment Group has left the hedge-fund firm, marking another sign that founder Kenneth Griffin still has work ahead to stabilize senior management ranks. Mr. Griffin said in an internal memo […]

BusinessWeek – U.S. investor Guy Wyser-Pratte said the euro could drop to parity with the dollar and the Greek debt crisis will probably spread to Spain. “The key in Europe is not Greece or Portugal but Spain,” Wyser-Pratte, an activist […]

Reuters – Fortress Investment, one of the world’s largest publicly traded alternative asset managers, plans to rebuild its Asian operations and is in the process of setting up an office in Singapore, sources said. Hedge funds have been making a […]

Time -With so many new economic crosscurrents to consider, it’s good to know where the big dogs– hedge funds–are hunting these days. Do they think the European Union can pull a rabbit from the hat and save Greece? Do they […]

Guardian – Britain’s next chancellor will be riding into battle on behalf of Britain’s private equity barons and hedge fund managers within days of taking office, as European finance ministers prepare for a crucial vote this month on tough new […]

What Investment – All remaining assets in HSBC’s Global Absolute fund of hedge funds were today rolled over into the company’s UCITS AdvantEdge product. The news, confirmed last week, was the result of a board decision due to concerns over […]

BusinessWeek – Global currency trading volume declined 6 percent to just under $100 trillion last year, after setting records in 2007 and 2008, as hedge funds placed fewer trades than in previous years, Greenwich Associates said. Trading by fund managers […]

Crain’s – Financial reform, which is hurtling down the tracks to become law, may succeed in forcing banks to curtail some of their riskier activities—but be careful what you wish for. The debate’s focus on banks has drawn the spotlight […]