BusinessWeek – Billionaire investor George Soros said the “oligopoly” formed by the four biggest U.S. banks “does need to be broken up.” Soros, speaking today at an event in London organized by the Economist magazine, also said he is “in […]

WSJ – Federal prosecutors are looking into alleged improper trading involving more than a dozen companies not previously disclosed in an insider-trading probe that has ensnared several hedge fund executives, including Galleon Group founder Raj Rajaratnam. In a March 22 […]

Politico – John Paulson, one of the world’s richest hedge fund managers, has not been shy about spreading his wealth to Senate campaign coffers — or to the chairman of the committee that could directly affect his bottom line. Paulson […]

Dow Jones -The lawmaker leading the debate at the European Parliament over new rules for hedge funds and private-equity firms is considering a proposal that would require fund managers outside the European Union to follow EU rules before being allowed […]

BusinessWeek – Jason Wang, a former manager at GLG Partners Inc., and Simon Quirke, who helped manage Lionhart Advisors Group Ltd.’s Asian investments, are starting an equity hedge fund that will focus on commodities-related industries. Iridium Asset Management will start […]

The Street – Hedge fund assets reached a 16-month high of $1.5 trillion, according to data released on Monday. The hedge fund industry took in $16.6 billion, or 1.1% of assets, in February 2010, researchers at TrimTabs Investment Research and […]

Fierce Finance – So what’s the smart money doing? That of course depends on who you think the smart money is. But hedge funds anyway seem to be starting to buy stocks at a faster clip, according to research by UBS , […]

BusinessWeek – CQS U.K. LLP, a London-based manager of $6.7 billion in assets, has doubled the Asian allocation of its oldest global hedge fund since 2008 as it bets on a recovery in the region’s convertible bond market. Asia now […]

Opalesque – Partners Group AG and Sciens Capital Management are pleased to announce the sale of 100% of the stock of Partners Group Fund Services Ltd. to Sciens Fund of Funds Management Holdings Ltd. in a cash and earn-out transaction. […]

Bloomberg – BlueGold Capital Management LLP, the energy hedge fund manager overseeing $1.7 billion in assets, returned 12.5 percent to investors in March, more than four times the gain of the average hedge fund. The fund rose a cumulative 1.5 […]

AZ – In late 2005, the booming U.S. housing market seemed to be slowing. The Federal Reserve had begun raising interest rates. Subprime mortgage company shares were falling. Investors began to balk at buying complex mortgage securities. The housing bubble, […]

BusinessWeek – The euro strengthened to the highest level in more than three weeks versus the dollar after Greece got an international rescue package worth as much as 45 billion euros ($61 billion) to help it avoid a default. The […]