Reuters – BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds’ and endowments’ returns, the company said in a regulatory filing on Thursday. The fund, BlackRock Core Alternatives […]

Reuters – Hedge funds may be on track to post their best returns in a decade this year, but Singapore-based Artradis Fund Management won’t be joining the party. Redemptions and a dismal showing by its flagship volatility funds, which were […]

Reuters – Roughly one out of every four hedge fund firm employees expects to take home more money this year than last, according to data that offers evidence the industry is on the mend after 2008’s heavy losses. Research service […]

Bloomberg – Ellington Financial LLC, run by Michael Vranos’s $2.5 billion hedge-fund firm, shelved its initial public offering as investors refused to finance its plan to buy bonds backed by the type of home loans that helped spur the biggest […]

Reuters – Culross Global Management is going against hedge fund fashion for liquidity with a portfolio that will target the cheap but hard-to-sell credit assets that helped to stymie the industry during the financial crisis. The LT Alpha fund, launched […]

Wealth Bulletin – The founding partner of Trafalgar Asset Managers, one of Europe’s more established hedge funds, has changed his residence from London to Monaco as the tax-free principality’s attraction grows among UK-based financiers seeking lower tax rates. Lee Robinson, […]

Reuters – Heartened by improved market conditions, new hedge fund launches picked up again in the third quarter and exceeded the number of liquidations for the first time since the height of the financial crisis. According to data from Hedge […]

Bloomberg – Billionaire George Soros proposed that the richest nations use $100 billion of the foreign- exchange reserves they received from the International Monetary Fund to develop emissions-reducing projects in poor countries. “Developed countries’ governments are laboring under the misapprehension […]

Reuters – It wasn’t too long ago big-time hedge fund managers like James Pallotta were erecting monuments to themselves. In Pallotta’s case, it was a $21 million Georgian-style mansion he built in 2007 in Weston, a leafy Boston suburb uncomfortable […]

WSJ – Hedge funds known to scavenge for distressed assets are buying up Nakheel’s upcoming $3.52 billion bond, complicating restructuring talks with creditors. “It’s likely that who is picking up this bond now is distressed debt players and hedge funds,” […]

Reuters – Hedge fund assets crossed the $2 trillion (1.2 trillion pound) level for the first time in a year, signaling investors’ new willingness to return to alternative assets less than 12 months after the sector suffered heavy losses. According […]

Bloomberg – Clive Capital LLP closed its $3.98 billion commodities hedge fund, the world’s largest, to new money after posting its biggest monthly gain since May. The fund returned 4 percent last month, led by precious metals and agriculture, according […]