Hedge Funds Review – Dalton Strategic Partnership is building on three years of strong hedge fund returns with the launch of its first Ucits III hedge fund product. The MST European Fund will open on February 1, 2010 as a […]

Bloomberg – Jeffrey Gundlach filed to start three bond mutual funds through DoubleLine Capital LP, the Los Angeles-based investment firm he created after being dismissed last month as chief investment officer for TCW Group Inc. The proposed funds — DoubleLine […]

Business Week – Tiresias Capital Ltd., a Cayman- based hedge-fund manager overseeing $560 million, plans to start its first Asian fund this quarter to take advantage of an expected increase in mergers and acquisitions in the region. The “event-driven” fund […]

International Adviser – Within the last two months, at least two companies have launched platforms aimed at enabling existing hedge fund copmpanies to create Ucits-compliant versions of their products more easily, quickly and cheaply than if they were to do […]

ABC News – Kunio Tomiyama, former chief fund manager at Credit Suisse Asset Management Ltd., plans to start a hedge fund by the end of this year that will restrict investments to a maximum of 30 Japanese stocks to boost […]

Bloomberg – Hedge fund manager Michael Tennenbaum, at age 74, plans to race down a giant slalom course on Vail Mountain in Colorado in March at the Directors’ Invitational Ski Classic, an annual event that pits pro skiers against business […]

ABC News – The founder and manager of two Beverly Hills hedge funds has been sentenced to more than 10 years in federal prison for cheating investors out of more than $25 million. Bradley Ruderman was sentenced Monday in a […]

Benzinga – December and 2009 year-end results for the USA’s biggest hedge funds are starting to trickle in, and DealBook has obtained some of the numbers. Hedge Fund Research, which tracks a number of funds, said its index of fund […]

Reuters – SAIL Advisors, the Hong Kong-based fund of hedge funds, aims to raise $200 million to $300 million for a distressed asset fund which will likely launch in the first quarter of 2010, a top executive said on Tuesday. […]

Forbes – Toronto Police issued a Canada-wide warrant to arrest Weizhen Tang on charges that he ran a Ponzi scheme which allegedly defrauded more than 100 investors of approximately $30 million. The investors were mostly wealthy Chinese, both in North […]

Reuters – Hedge fund industry trade group Managed Funds Association (MFA) said on Friday it plans to collect key financial data from managers at a time the secretive industry is under pressure to become more transparent. MFA, which counts powerhouse […]

emii.com – GLG Partners’ fund of hedge fund unit, GLG MMI, has hired BNY Mellon, ICFA Magazine reports. BNY Mellon will serve as custodian and fund administrator for the firm’s entire fund of hedge fund unit. The firm previously shared […]