GateCrasher – Kate Hudson is putting her ex Alex Rodriguez to shame when it comes to playing the field: We hear the blond bombshell has been dating not one, not two, but three men, since her very public split from […]

Expatica – A proposed new French tax on banks could also apply to hedge funds as part of an effort to ward off reckless behaviour, Finance Minister Christine Lagarde said Thursday. “There has to be a taxation mechanism that makes […]

The Street – Credit Suisse is in talks with hedge-fund giant York Capital Management to take a minority stake in the investment firm, a report says. The talks could still collapse midway, people familiar with the matter told the Wall […]

NYT – The Lazarus-like recovery of the nation’s big banks did not benefit just the bankers — it also created huge paydays for hedge fund managers, including a record $4 billion gain in 2009 for one bold investor who bet […]

BusinessWeek – Gartmore Group Ltd.’s suspension this week of hedge-fund manager Guillaume Rambourg underscores heightened caution among U.K. companies as the Financial Services Authority cracks down on illegal trading. “A number of people said this sounds like this is a […]

WSJ – Ivy Asset Management, which BNY Mellon Asset Management is closing, is under investigation for advice it allegedly gave related to investing with Bernard Madoff, according to a person familiar with the matter. New York Attorney General Andrew Cuomo’s […]

Reuters – The rocky islands that lie off France’s northern shores are angling for the new rich of Asia, as clampdowns on offshore tax havens and tougher regulation threaten their traditional sources of income. Jersey and its Channel Island neighbour […]

WSJ – A series of phone calls between a Deutsche Bank AG bond salesman and a hedge fund trader has landed the two men at the center of a courtroom test of how far federal regulators can go in pursuing […]

BusinessWeek – AM Investment Partners LLC, a $300 million hedge-fund firm, will combine with BAM Capital LLC as managers that bet on price swings seek to shore up assets eroded by the financial market rebound. “This is a merger of […]

CityWire – Gartmore has confirmed that suspended fund manager Guillaume Rambourg was the individual fined €300,000 by the Italian regulator for frontrunning a broker note in 2006 The company had disclosed in its results that an unnamed employee and a […]

Bloomberg – Hedge-fund returns are worse than industry figures would suggest because many funds on the brink of failure stop reporting on their performance, according to a new academic study. These omissions create a “hidden survivorship bias” because funds in […]

WSJ – Dubai is opening up its inaugural hedge fund to investors after an index-beating debut. The Middle East emirate’s first fund of funds, which was launched at the beginning of 2009, beat comparable indexes by posting a 41% return […]