Reuters- Market turbulence has created windows of opportunity for managers of funds of hedge funds eager to scavenge profits from ongoing volatility even while they are wary of an economic downturn, a Reuters poll showed. The quarterly survey of 12 […]

Reuters- Hedge funds may not be the obvious candidates to run electricity grids or barge fleets, but the race to generate ever greater returns is luring more of them to do just that. Larger energy and commodities specialist funds are […]

CNBC- A former hedge fund manager was sentenced to three years in prison Monday after he pleaded guilty to securities fraud, admitting that the scheme cost investors $88 million. John H. Whittier, 41, of Hailey, Idaho, was also ordered to […]

Stamford Advocate- Few people know much about secretive hedge fund superstar Steven Cohen and his mammoth Stamford firm, SAC Capital Advisors. But a bizarre court case has shone a glaring spotlight on the $15 billion fund, opening up Cohen’s world […]

Forbes – Credit Suisse Index Co., Inc., today said its latest industry research signals a rebound for Equity Market Neutral hedge funds that use statistical arbitrage techniques. The new commentary, A Quantitative Rebound?, examines the effects of recent market turmoil, […]

Finance Week – A Working Group supported by the major London-listed hedge funds has proposed tighter self-regulation – including fuller disclosure of who owns them, where they have invested their money, what strategies they follow and what their holdings are […]

BBC Business – The unusual move, which includes Bank of America and JP Morgan, aims to boost confidence in and prevent a further sell-off of such investments. Such a sell-off would force banks,brokerages and hedge funds to write down the […]

 A junior trader at one of the world’s largest hedge funds, SAC Capital, is suing the company. Andrew Tong alleges that his boss Ping Jiang––the two men are 37 and 41 years old, respectively––forced him to take estrogen hormone pills […]

Bloomberg -Oct. 15 (Bloomberg) — Now that their teams are out of the Major League Baseball playoffs, New York Yankees catcher Jorge Posada and Chicago Cubs outfielder Alfonso Soriano may turn theirattention to a new hedge fund investment. The star […]

Reuters- Leading Italian bank UniCredit was notified on Thursday of a legal action brought against it by some hedge funds that are minority shareholders of its German unit HVB, UniCredit said in astatement. The legal action was also directed at […]

Reuters-  A hedge fund that invests in prints by Andy Warhol, the pop artist known for his brightly colored paintings of Campbell soup cans, is betting the boom in the art market will continue because of increasing global wealth. The […]

Globe and Mail- Canadian hedge fund managers oversee about $20-billion in assets, but can add octane to their growth by playing the resource card to tap foreign investors, says the chairman ofthe industry association. “Canada externally is perceived as a resource […]