MarketWatch – Hedge funds outperformed the benchmark Standard & Poor’s 500 stock market index in November for the first time since May as managers benefited from a falling U.S. dollar, sliding bond yields and a rebound in energy prices. Managers […]

Forbes – The German government, which wants to make hedge funds a key issue during its upcoming presidency of G8 next year, has secured the support the US and Britain, according to a report inbusiness daily Handelsblatt. German Finance Minister […]

Herald Tribune – The $10 billion flagship hedge fund at Goldman Sachs Group dropped 11.6 percent this year through the end of November as its managers misjudged the direction of global stock andcurrency markets, according to two investors. The fund, […]

Sydney Morning Herald – FOR Global Alpha, the $US10 billion ($US12.8 billion) hedge fund run by Goldman Sachs, 2005 was a stellar year. By the close of the year, the fund, which manages money for some of the firm’s wealthiest […]

Indianapolis Star – Richard Giromini undoubtedly will have plenty on his mind as he takes over as chief executive of Wabash National Corp. After all, the Lafayette-based maker of commercial truck trailers is under mounting pressure to improve its profit […]

Reuters – Citadel Investment Group LLC, one of the world’s largest hedge funds, sold $500 million of debt on Thursday, drawing about double that amount of orders for the first corporate bond sale bya hedge fund, market sources said. The […]

CNN Money – Growing companies could be tapping into a new source of capital in 2007: Hedge funds are getting into the private-equity business. And although some are investing in large venture capitalor similar institutional funds, other managers are hitting […]

Herald Tribune – Bank rules may limit hedge funds in Japan The adoption by Japan of tighter capital requirements next year may force the biggest banks to trim investment in hedge funds, and smaller institutions to abandon that class of […]

Reuters – Lamson & Sessions Co. is facing pressure from hedge fund Ramius Capital Group, which wants the manufactured plastics goods maker to sell one of three divisions, according to aregulatory filing on Tuesday. Ramius, a $7.4 billion fund group […]

Bloomberg – Sumitomo Life Insurance Co., Japan’s fourth-largest life insurer, plans to increase investments in hedge funds to beat returns on domestic bonds, said Nobuki Yasuda, a manager ofalternative assets at the company. “Returns from hedge funds at around 5 […]

CNN Money – Two senior lawmakers Tuesday questioned how market regulators handled an insider trading probe involving hedge fund Pequot Capital and John Mack, CEO of Wall Street investment houseMorgan Stanley. Pennsylvania Republican Sen. Arlen Specter, chairman of the Senate […]

Marketwatch – North Sound’s total assets will likely fall to $1.4 billion in January, McAuley estimated in the letter. He didn’t say what North Sound’s assets were previously, but Institutional Investor reported in 2005 that the Greenwich, Conn.-based firm’s assets […]