Three salespeople surround a speakerphone in a glass-fronted store across from the main New York Public Library on Fifth Avenue, talking with counterparts in Chicago and Toronto. In the lobby, flat-panel TVs run a loop of commercials for commodity […]

Two years ago, former senator John Edwards of North Carolina, gearing up for his second run at the Democratic presidential nomination, gave a speech decrying the “two different economies in thiscountry: one for wealthy insiders and then one for everybody […]

London – MTS SpA’s supervisory board has decided not to allow hedge funds immediate access to its interdealer government-bond platform, but instead has instructed its management board to ‘formulate practical proposals’ after consultation today with its third-party access committee and […]

Jakarta – Hedge fund managers craving higher returns from pre-IPO investments are taking a one-way bet on such deals in emerging Asian economies like Indonesia, and will be left with big losses and no exit if they go awry. Credit […]

Los Angeles -Another hedge fund lobby group is being formed to ward off heightened regulation, but industry experts acknowledged that attempts to repair fund managers’ image as freewheeling, unregulated risk takers may be futile because large funds are so profitable. […]

Unlike mutual funds, which are narrowly defined in their investing strategies, hedge funds can seek large gains through a broad array of investments — everything from buying stocks and bonds to dealing in commodities, currencies and emerging-market debt. They are […]

Power producers, the best-performing stocks over the past 12 months, last week led the Standard & Poor’s 500 Index to its highest since September 2000. Purchases by hedge funds such as Caxton Associates LLC and SAC Capital Advisors LLC, combined […]

Berlin –  Finance Minister Peer Steinbrück of Germany said that the U.S. policy of providing guidelines to hedge funds was “not enough” as he sought European support to subject the funds to a code of conduct. Germany and the United […]

Hedge funds are big business. Although they have yet to filter down to the man in the street (at least in their purest form), institutional investors such as pension funds and insurance companies appear to be lapping them up. The […]

Hedge funds globally attracted $60 billion in new money in the first quarter, almost half what they raised all of last year, as institutions shrugged off the industry’s subpar investment gains. Inflows more than tripled from the final three months […]

Cash-rich Australian mutual funds are exploring a broader range of strategies, and hedge funds are eyeing overseas markets, driving growth in the country’s increasingly competitive prime brokerage market. Australia’s mandatory superannuation pension scheme now holds roughly $600 billion and a […]

The dollar advanced against the yen in Asia Friday as speculators led by U.S. hedge funds took cues from rising Asian stocks to buy the greenback. The U.S. dollar was trading at 118.70 yen at 2:50 p.m. (0550GMT) Friday, up […]