New Delhi –  The Securities and Exchange Board of India (Sebi) has told several hedge funds wanting to invest in India that they should agree to a lock-in period of two years as a cushionagainst sudden withdrawal under adverse circumstances. […]

New York – Amaranth Advisors has been sued by the San Diego County retirement fund for securities fraud, a step that the hedge fund firm said might delay refunds to clients hurt when Amaranthcollapsed under $6.6 billion in losses in […]

London – A new resources hedge fund aims to pick undervalued explorers and small-scale miners rather than piggyback on rising metal prices, its managers said. An unusual feature of the Blackfish-Investec Resources Special Situations fund is that it will offset […]

Three-quarters of loans to junk-rated US companies are now provided by hedge funds and other non-banks, according to a new report on the US leveraged loan market. The study highlights the speed with which non-traditional investors are taking over from […]

On the night before Fortress Investment Group became the first hedge fund to trade on the New York Stock Exchange, Wesley Edens and the other four principals celebrated in a manner that befits the firm’s intentionally low-key profile. They gathered […]

GEORGE TOWN, Grand Cayman – The mechanism for the electronic submission of annual returns for funds licensed, registered and administered in the Cayman Islands is now in place. With it, electronic reporting for all funds regulated under Cayman’s Mutual Funds […]

NEW ORLEANS – The age of the activist hedge fund is here, and companies would do well to accept it. Such were the sentiments of mergers and acquisition lawyers and some investment bankers from top Wall Street institutions who spoke […]

BOSTON – Fewer hedge funds went out of business in 2006 than the year before, according to new data that also show that fewer people launched these loosely regulated but hugely popular investment portfolios last year. In 2006 1,518 hedge […]

A second group of investors disclosed their holdings in Northwest Airlines Corp. on Wednesday, saying they own $949.3 million in claims against the bankrupt carrier. Several hedge funds have been buying shares and — especially — claims in Northwest. The […]

MUMBAI – India plans to selectively allow hedge funds to invest in the markets, a regulatory body said Wednesday. Hedge funds are known to be already investing in India. “They should come here and invest directly. Let them come from […]

London AFX – UK funds managers have welcomed the Financial Service Authority’s latest step towards opening up hedge funds to ‘significant’ demand in the retail sector, but in the same breath have expressed deep concerns over the tax regime that […]

Tilney Investment Management director Paul Wharton is shunning private equity in favour of hedge funds, which he believes offer greater options for investors. Speaking at the Institute of Financial Planning last week, Wharton, who runs private client portfolios, said he […]