Reuters- U.S. prosecutors launched a criminal investigation into two mortgage-related hedge funds at Bear Stearns that collapsed during the summer, a person familiar with the investigation said onFriday. The U.S. attorney in Brooklyn, New York and the U.S. Federal Bureau […]

The Moscow Times- Kazakhstan’s central bank said Friday that it was capable of stabilizing the country’s banking system after what it called a “speculative attack” by large hedge funds. “The National Bank of the Republic of Kazakhstan has … the […]

Earthtimes- Assets managed by hedge funds in Singapore shot up from 7.7 billion US dollars to 16.5 billion US dollars in the first half of this year, a HedgeFund Intelligence report said on Monday. Twenty new hedge funds set up […]

Reuters- HSBC Halbis Partners, the active fund management arm of HSBC Investments, has launched a global macro hedge fund and says distressed debt strategies will also offer opportunities for investors. Bill Maldonado, head of alternative investments at Halbis, told Reuters […]

CNNMoney.com- In the wake of the failure of some large hedge funds — notably two from Bear Stearns (NYSE:BSC) — hedge funds’ biggest customers are staying put and even boosting allocations. Pension funds — especially public pension funds — move […]

Sify- Hedge funds must be allowed to invest in commodity markets. The Forward Contracts Regulations Act has to be amended quickly as the benefit will reach more sections of the community. The banks and the financial institutions must be allowed […]

Reuters – Commodities fund manager Tiberius is considering diversifying beyond trading futures contracts, and joining a small but expanding group of hedge funds spreading their wings into physicalmarkets. The Geneva-based energy and commodities hedge fund manager said it was looking […]

CNBC – In late breaking news Dylan Ratigan says Bear Stearns is facing a criminal probe over some of its hedge funds. According to CNBC’s Charlie Gasparino, the US Attorney’s Office in Brooklyn has begun examining the circumstances behind the […]

Reuters – HSBC Halbis Partners, the active fund management arm of HSBC Investments, has launched a global macro hedge fund and says distressed debt strategies will also offer opportunities forinvestors. Bill Maldonado, head of alternative investments at Halbis, told Reuters […]

St. Petersburg Times – For the better part of two years, Trump Tower Tampa developers have promised that a financing deal was just around the corner. Now, at the 11th hour, after the condo projecthas been wracked by lawsuits and […]

Reuters UK- Britain, with its dependence on property speculation, consumer debt and the spoils of high finance, is looking very vulnerable to the global credit crunch. And as for Bank of England Governor Mervyn King and his bank’s interest rate […]

LONDON (Reuters) – Thames River Multi Hedge fund plans to raise up to 100 million pounds innew assets, its second fundraising in a matter of months, because of investor demand for absolute return products. The 154 million pound fund of […]