BusinessWeek – A fraud suit by U.S. regulators against Goldman Sachs Group Inc. is unlikely to send hedge funds scrambling to reduce gold holdings, according to Superfund Financial Singapore Pte. Any retreat in prices will present investors, especially central banks, […]

NYT – Three and half years ago, a New York hedge fund manager with a bearish view on the housing market was pounding the pavement on Wall Street, The New York Times’s Gretchen Morgenson and Louise Story report. Eager to […]

WSJ – Shares of Germany’s Deutsche Bank AG (DB) remained pressured Monday, as fears of new woes for investment banks hit the market after fraud allegations were raised in the U.S. against Goldman Sachs (GS). “The market is likely to […]

Time – In late 2008, when five top hedge-fund managers testified before Congress at the height of the financial crisis, the result was, by the standards of receptions Wall Streeters and auto executives were getting in Washington at the time, […]

WSJ – The Securities and Exchange Commission, after having hit Goldman Sachs Group Inc. with a civil fraud charge, is investigating whether other mortgage deals arranged by some of Wall Street’s biggest firms may have crossed the line into misleading […]

Opalesque – Independent fund management firm, Hilltop Fund Management (“Hilltop”), today announced the launch of its London-based business and its alternative fund of hedge funds approach. The All Weather Fund, managed by Rory Hills, is a fund of hedge funds […]

Reuters – Fund firm Cairn Capital has taken over management of smaller rival Credaris’s credit fund as smaller hedge funds look for ways to beef up assets and attract wary investors in the wake of the credit crisis. Cairn, which […]

The Independant – Harry Markopolos, the whistleblower credited with unearthing the $60bn Bernie Madoff hedge fund fraud in the US, met with officials at the Serious Fraud Office in London last week to discuss the involvement of British feeder funds […]

Washington Post – Law enforcement officials moved a step further in their investigation of the Obama administration’s former auto industry adviser, reaching settlements with the private-equity firm he co-founded in an ongoing corruption probe that has touched several prominent Wall […]

Investment Executive – The European Commission’s current draft directive to regulate alternative fund managers operating in the European Union could prevent Canadian hedge funds from attracting capital in the EU, the Alternative Investment Management Association – Canada Inc. is warning. […]

Reuters – Pension Corp, the specialist insurer, is making a first foray into property and has upped its hedge funds exposure as part of a broad effort to diversify a largely fixed-income and cash-oriented strategy. Rob Sewell, chief financial officer, […]

NYT – The sprawling investigation into the state pension fund has reached the office of the current state comptroller, Thomas P. DiNapoli, the attorney general’s office acknowledged on Thursday. The acknowledgment came after the office of the attorney general, Andrew […]