Bloomberg- Tudor Investment Corp. and Highfields Capital Management LP bought Motorola Inc. shares in recent months, betting the cell phone-maker will return to profitability and recoup lost market share. Tudor’s purchase of 46 million shares in the first quarter made […]

Reuters- Hedge funds should establish a self-regulatory organization and avoid taking money directly from average investors to avert government scrutiny and a possible public backlash, a former headof the U.S. Securities and Exchange Commission said on Wednesday. In remarks to […]

Bloomberg- Investments in commodity hedge funds may rise to about $35 billion by year-end as more traders set up funds to take advantage of swings in prices for energy, metals and agriculture, according to Cole Asset Management. About $30 billion […]

MarketWatch- Hedge fund manager Eddie Lampert has taken a stake valued at about $800 million in Citigroup Inc., a move that is driving up the stock and increasing speculation he may lead the charge for a break up. Lampert’s ESL […]

Bloomberg- Dow Kim, the second-highest-paid executive at Merrill Lynch & Co., is resigning to form a hedge fund, the latest top manager to leave an investment bank for the higher pay of running an independent trading firm. Kim, 44, is […]

Associated Press- Northwest Airlines overcame a major obstacle on its path to exiting bankruptcy Wednesday when a judge approved a settlement with a shareholder group that had opposed the carrier’s reorganization. Judge Allan Gropper approved the $5 million settlement at […]

Pensions & Investment- Hedge fund performance in the first quarter was positive, beating most of the major market indexes, with average fund performance of 2.1%, according to data from Morningstar Inc. Managers that report their performance to Morningstar’s database looked […]

CFO.com- Ceridian Corporation, the scandal-plagued payroll-services company, announced on Monday that it had fired Gary Krow, the president of its thriving Comdata division, for disclosingconfidential information to Pershing Square Capital and “unauthorized meetings” with the hedge fund. The company’s board […]

Forbes- Northwest Airlines Corp. has made a deal with a group of shareholders that had opposed its bankruptcy reorganization plan, the airline said in a court filing on Monday. The deal with the ad hoc equity committee resolves one of […]

Bangkok Post- Swiss-based RMF Investments has relocated its regional headquarters from Tokyo to Singapore to boost its activities in Asia, executives said Monday. RMF Investments, a fund of global hedge funds, is a core unit within the Man Investments group, […]

Reuters- Activist hedge fund Carrousel Capital has raised its stake in veteran manager Mark Mobius’s 2 billion pound Templeton Emerging Markets investment trust, ahead of an expected share buyback. Carrousel, which earlier this year failed in its attempt to shake […]

Reuters- Two hedge funds are planning a bid for music group EMI Group at a level below a 260 pence per share indicative offer that Warner Music made in March and which was rejected, the Sunday Telegraph said on Sunday. […]