Reuters – IBM said on Monday that it would buy Canadian business intelligence software company Cognos Inc for $5 billion, following a wave of acquisitions in the industry. Investors had expected the deal, which represents a 9.5 percent premium to […]

Expatica Spain- Rarely has the approval of a financial product in Spain generated such controversy as the decision to allow sales of domestic hedge funds. After lengthy and intense discussion involving politicians, regulators and those working in the financial sector, […]

Guardian Unlimited- Affiliated Managers Group, a holding company for money management firms, said on Thursday it paid an undisclosed sum for an equity stake in hedge fund ValueAct Capital.  Beverly, Massachusetts-based AMG, which began taking stakes in hedge funds in […]

LONDON (Reuters) – Reuters) – Start-up hedge funds face a harder time getting up and running as investors become more demanding and prime brokers squeeze smaller players during the credit crisis. After a golden age when two traders with a […]

Bloomberg- Gold and silver rose as the decline in the value of the dollar against the euro boosted the appeal of the precious metals as hedges against inflation. The dollar fell for a third straight day against the euro after […]

Bloomberg – Hedge funds returned an average of 3.2 percent in October, the biggest gain in almost two years, as rising stocks and bets against mortgage-backed securities helped firms including PequotCapital Management Inc. and Passport Management LLC. Pequot’s $1 billion […]

Reuters – All hedge fund strategies with the exception of short sellers posted gains in October, with emerging markets and technology showing gains of more than 5 percent last month, industry figuresreleased on Wednesday showed. Hedge funds that invest in […]

Reuters- Man Group, the world’s largest-listed hedge fund firm, posted a 21 profit rise on Thursday and indicated confidence in its earnings prospects with a 130 percent increase in its first-halfdividend. Pretax profit on continuing operations in the six months […]

Reuters- Start-up hedge funds face a harder time getting up and running as investors become more demanding and prime brokers squeeze smaller players during the credit crisis. After a golden age when two traders with a terminal could set up […]

Caymen Net News – As the price of oil gets closer to US$100 a barrel, experts are suggesting that management of certain types of offshore funds may have caused some of the recent price increases. With dire warnings last week […]

Reuters- Investors added $18.6 billion in new money to hedge funds in September, marking the third-lowest inflow this year, according to data released on Tuesday. Funds that specialize in emerging markets took in 61 percent of the total as investors […]

ArabianBusiness.com- Dubai Holding, owned by the emirate’s ruler, on Tuesday said it had taken a $1.26 billion loan from investment bank Morgan Stanley to pay for the acquisition of a stake in a US hedge fund. Och-Ziff Capital Management in […]