Washington Post – A Senate hearing to examine whether hedge funds deserve increased scrutiny instead descended into recrimination yesterday as officials at the Securities and Exchange Commission anda former agency lawyer traded allegations about the handling of a sensitive investigation. […]

Forbes – Global macro issues have once again taken center stage with the dramatic breakdown of the U.S. dollar over the past several days. The dollar now stands at a 20-month low against the euro anda 14-year low against the […]

Reuters – Germany’s Commerzbank has opened a fund-of-hedge-funds product to institutional investors for the first time, the bank said on Monday. Comas, which is the alternative investment platform of Commerzbank Corporates and Markets division of the bank, said the Comas […]

Wilmington Morning Star – Senior officials at the Securities and Exchange Commission vigorously defended the commission’s investigation of a prominent hedge fund, Pequot Capital Management, tellingthe Senate Judiciary Committee on Tuesday that its inquiry was professional, thorough and untainted by […]

MSN Money – Mellon Financial, which has agreed to merge with the Bank of New York, will sell its HBV Alternative Strategies hedge fund business to Mickey Harley, HBV’s founder and chief executive. Mellon said on Tuesday that the sale […]

New York Post – The top brass at a $4 billion hedge fund is close to inking a multimillion-dollar employment contract with Knight Capital Group, the Nasdaq trading firm that bought the fund more thanthree years ago, The Post has […]

Reuters Italia – The hedge fund industry has shown few signs of major fraud, but cases of wrongdoing may rise if more of these investment vehicles are sold to mass-market savers, internationalfinancial regulators said on Monday. The sector does not […]

International Herald Tribune – Aaron Boesky, a hedge fund manager in Hong Kong, said he would petition regulators in China to let more overseas funds invest in mainland Chinese stock markets, whichhave grown by more than $400 billion this year. […]

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 […]

Reuters – A surge of volatility on financial markets would normally be a gift for hedge funds, which thrive in such conditions, but the latest market disquiet may not energise as many of them asmight be expected. Managers of the […]

Business Standard – India is now clearly in the radar of the global hedge fund industry after recent statements by the Securities and Exchange Board of India (Sebi) favoured the direct entry of long-term hedge funds. Hedge Funds World, an […]

Economic Times – Hedge fund managers can make you rich quicker than just about anyone. Sometimes, they can make you poor even faster. Just look at Amaranth Advisors, the Greenwich, Connecticut-basedhedge fund manager that stumbled over wrong-way bets on natural […]