AP- Shareholders of Applebee’s International Inc. voted Friday to elect two new directors from a hedge fund that had threatened a costly proxy fight before both sides agreed to a settlement last month. Richard Breeden, whose hedge fund Breeden Capital […]

Wall Street Journal- Traditionally, the annual fund-raiser for Big Brothers Big Sisters of Massachusetts Bay was a staid affair: A string quartet played, Red Sox tickets were auctioned and empty seats abounded. The event was lucky to raise more than […]

China Knowledge Online– International hedge funds have poured as much as US$50 billion into the Mainland’s stock markets, becoming a force that regulators cannot afford to ignore, according to a top Mainland think-tank. The estimate is the result of the […]

FT Alphaville- The UK’s Financial Services Authority on Thursday embraced the growing numbers of activist hedge funds but warned them not to conspire to mislead the market. The regulator issued guidelines for the first time to shareholder activists on what […]

Daily Times- German Chancellor Angela Merkel on Thursday reiterated her call for increased transparency among hedge funds and for progress in the stalled Doha round of world trade talks. “On the one hand, hedge funds increase the efficiency of the […]

Bloomberg- Michael Steinhardt, who made hundreds of millions as a New York hedge-fund manager, said owners of contemporary art may have a rocky ride when values fall. “We’ve seen some extraordinary rises in prices, but we haven’t seen the downside,” […]

CNBC- The top 100 hedge funds control $1 trillion in assets and their managers make “staggering” salaries. Should they be taxed? Michael Peltz, executive editor of Alpha Magazine, and Gary Weiss, author of “Wall Street Versus America,” took up the […]

Reuters- Top-performing British Empire Securities & General Trust has upped its stake in listed hedge fund RAB Special Situations because it believes it is a cheap way to gain exposure to mining stocks. According to a regulatory filing, the 834 […]

Wall Street Journal- A new report from Goldman Sachs Group Inc. highlights some differences between hedge funds and mutual funds in the second quarter, including that hedge funds were more weightedtoward energy, technology and small-company stocks in recent portfolios. The […]

CNBC- The effort to require hedge funds to register just doesn’t die. After the court struck down the Securities and Exchange Commission’s mandate to require registration, Sen. Charles Grassley picked up the torch. But Senator, consider the comments of the […]

Reuters- Wall Street traders and analysts take note: don’t bother applying to work at Renaissance Technologies, the $30 billion (15 billion pound) hedge fund manager whose assets could reach $100 billion in coming years. The top-performing firm only hires scientists […]

MSN MoneyCentral – FRANKFURT, Germany (AP)- Hedge funds and private equity firms should take an active role in the companies in which they are invested and should not be criticized for doing so,Deutsche Bank AG’s chief executive said Tuesday. Investors […]