Reuters – Harbinger Capital Partners hedge funds have taken a 9.5 percent stake worth nearly $53 million in Rayovac battery maker Spectrum Brands Inc., according to a filing with U.S. regulators. Harbinger, which is focused on restructurings, liquidations, turnarounds and […]

Street.Com – With regulators raising the bar for hedge-fund investors, there’s never been a better time to consider mutual funds that try to produce consistent returns byzigging when the market zags. Hedge fund fees have always been off-putting — they […]

MSN MoneyCentral – rance’s stock market regulator has imposed a heavier fine than expected on GLG Partners for the British hedge fund’s actions in relation to a 2002 bond issue by Alcatel, the Frenchtelecoms group. According to people close to […]

Financial News Online US – An investor in hedge funds tells a story about the day Japanese equities began to fall in 1989. He remembers nervously picking up the phone to call his hedge fund manager,who had made money riding […]

Street.Com – Demand for the dullest of assets — yes, that’s right, municipal bonds — has gotten a recent boost from hedge funds. These private investment partnerships are using muni bonds to juice their investment returns, which aren’t as stellar […]

Washington Post – Some top private-equity funds have joined to form a lobbying organization to head off potential regulation. The funds have become some of the most active purchasers of U.S. corporations, pooling money from private investors and companies and […]

Miami Herald – Burger King’s second-largest franchisee, Heartland Food Corp. headed by Miamian Al Cabrera, is cashing out the majority of its business. Heartland will close today on a deal to sell more than 240 Burger King restaurants to GSO […]

Blogging Stocks – In the never-ending discussion about whether hedge fund managers earn their keep, who better to consult than… a former Richard Nixon speechwriter? Today’s New York Timesfeatured an insightful column by Ben Stein entitled “The Hedge fund kings […]

Boston Globe – South Korean online game developer Gravity Co. Ltd. said Tuesday its shareholders rejected a proposal from U.S. hedge funds to remove two senior executives from its board ofdirectors. Ramius Capital Group and Moon Capital Management on Dec. […]

The Raw Story – Chancellor Angela Merkel will use Germany’s presidency of the G8 club of industrial nations next year to push for hedge fund transparency, better trademark protection and moves to boost healthcare in Africa, officials say. Merkel hosts […]

Reuters – Hedge funds could face increased scrutiny over a tax break that allows investors to make generous expense deductions and write off fees they pay for fund management, the Wall Street Journalreported on Tuesday. Changes in the way hedge […]

New York Post – DANIEL Loeb is as famous for his razor-sharp skills as a hedge-fund manager overseeing $3.5 billion in assets as he is for his vicious attacks on fellow financial whizzes – but hisblowhard behavior may be fading […]