Bloomberg – GCI Asset Management Inc., a Japanese hedge fund with 26 billion yen ($265 million) in assets, said it will start a new fund to snap up bargains in hybrid securities that combine debt and equity. The new fund, […]

Hedge Fund Weblog – As part of a strategy designed to broaden the revenue base, leverage content over new platforms and promote The Economist brand to a young and dynamic audience, The Economist Group is delighted to announce the development […]

This is Money – It’s known for its racy sports cars, but Porsche is fast building a reputation for its even racier punts on the shares of Volkswagen. The German producer of the 911 and Boxster cars yesterday revealed it […]

Reuters – U.S. hedge funds concerned about growing Congressional momentum to regulate their opaque $1.2 trillion industry said Tuesday they could live with requiring fund advisers to register, but not with requiring the funds themselves to be subjected to such […]

Daily Telegraph – Market practitioners said Och-Ziff has bought around 4.3pc of Premier Foods and could imminently disclose its shareholding. Och-Ziff’s stakebuilding comes after Dupont Capital Management on Tuesday disclosed it had bought 2.3pc of Premier Foods. And after the […]

Hartford Courant – Hedge funds generally accept the Obama administration’s proposal to require managers to register with regulators, but want to ensure their information will be kept confidential when Congress acts, the head of the industry’s trade group said Tuesday. […]

Alibaba News Channel – Fresh speculation has swirled about mining giant BHP Billiton resurrecting a takeover bid for rival Rio Tinto, but such a move is unlikely before Rio repairs its balance sheet. BHP, which has the most robust balance […]

The Associated Press – A Connecticut town is suing disgraced financier Bernard Madoff, his family and investment companies because its pension board allegedly lost millions in Madoff’s Ponzi scheme. The lawsuit seeking $75 million was filed Monday in Bridgeport Superior […]

Scoop – Knott, a U.S. based series of associated funds managed and administered by Dorset Management Corp., has made a partial takeover bid for the wood products and biotechnology investor Rubicon. The offer of 70 N.Z. cents per share for […]

Reading Eagle – Hedge funds are being offered a sweet deal to help the Obama administration rescue the U.S. banking system: A low-risk opportunity to scoop up soured bank assets that could one day make them a killing. But the […]

Bloomberg – Cerberus Capital Management LP, the $27 billion investment firm founded by billionaire Stephen Feinberg, may use stakes in a new fund to pay investors seeking withdrawals from a hedge fund after redemptions surged. Setting up a so-called special […]

Forbes – Swiss banking group Julius Baer appointed Boris Collardi as chief executive of its private banking unit, a permanent replacement for Alex Widmer who committed suicide in December. Collardi, chief operating officer of the private banking unit Bank Julius […]