LONDON (Reuters) – Two hedge funds have been buying shares in the London Stock Exchange as Nasdaq Stock Market seeks to sell its 31 percent stake, according to regulatory documents filed on Tuesday. Horizon Asset Management and Kinetics Asset Management, […]

Livemint- Roughly a century ago, the American writer Ambrose Beirce compiled The Devil’s Dictionary. In his celebrated lexicon, Bierce displayed a profound understanding of finance, which he defined as “the art or science of managing revenues and resources for the […]

Bloomberg- A sculpture by Jeff Koons, whose collectors include billionaire Eli Broad and hedge-fund manager David Ganek, will be sold at a November contemporary art sale in New York at Christie’sInternational. Koons’s “Blue Diamond” from 2005, made of shiny stainless […]

New York (HedgeCo.Net)- Islamic hedge fund regulators have agreed to admit 12 new members tothe the Council of the Islamic Financial Services Board (IFSB) bringing the total members to 137. Two new regulatory and supervisory authorities have joined the IFSB […]

Sify- Its not difficult to fathom why SEBI chairman M Damodaran is hell-bent on getting guidelines in place to regulate – at least partially – hedge funds in India.   Total assets in hedge funds investing primarily in India’s markets […]

Bloomberg – The U.S. Securities and Exchange Commission sued Lancaster Investment Partners LP and hedge-fund manager Robert Berlacher for alleged illegal trading that the agency said generated $1.7million in ill-gotten gains. Berlacher’s funds violated trading rules for at least 10 […]

Reuters- Hedge funds are the new “must-have” products for all types of asset managers who rely on them to boost their bottom line, according to a study conducted by consulting firm McKinsey andInstitutional Investor’s U.S. Institute and released on Wednesday. […]

Slate- Back in July, we suggested, tongue firmly in cheek, that the Blackstone Group, the private equity firm that had just gone public, could take advantage of its plummeting stock price by taking itself private. A Blackstone leveraged buyout of […]

Reuters- Aviva said on Wednesday it had agreed to buy Romanian asset management company Certinvest from its chief executive and a private U.S. firm, the Romanian-American Enterprise Fund (RAEF). Aviva, which has signed a string of partnership deals and small […]

Bloomberg- Red Kite Metals, the world’s largest hedge fund dedicated to metals, tumbled about 20 percent last month as the $2.5 billion Touradji Capital Management LP commodities fund gained. The decline at Red Kite, co-founded by Michael Farmer, extends its […]

Reuters- Representatives of two failed Bear Stearns Cos Inc hedge funds on Tuesday appealed a U.S. federal bankruptcy court ruling that required them to be liquidated in U.S. courts and not in theCayman Islands, as the fund’s directors prefer. Holding […]

Bloomberg- Pirate Capital LLC, the hedge-fund manager run by Thomas Hudson, barred withdrawals from its two Jolly Roger Activist funds after the firm’s assets declined by almost 80 percent in thepast year. Pirate designated the four stocks held by the […]