MSN MoneyCentral -Shares in Delphi have surged in recent days amid signs of an emerging bid and possibly a takeover battle for control of North America’s biggest automotive parts maker. At least four private equity and hedge funds are reportedly […]

Reuters – Societe Generale’s $10 billion (5.3 billion pound) hedge fund arm has slashed its allocation to energy amid a slump in oil prices, highlighting a broader move out of the high-riskinvestment vehicles, its manager said on Friday. Investors who […]

Reuters – British-based investment companies managing offshore funds could lose tax-exemptions on profits they earn on these funds because of proposed new regulations, accountants KPMG said onFriday. UK tax collectors have issued new draft guidelines under which UK-registered managers of […]

Bloomberg – The Swiss franc has become the new favorite for speculators seeking cheap money to finance higher- yielding bets. The franc dropped to a two-year low against the currencies of Switzerland’s biggest trading partners, according to an index prepared […]

New York Magazine – What obsessed Angelo Haligiannis was the bracelet. Every white-collar criminal hates the bracelet. At home with nothing to do, they can’t stop looking at it, fussing with it,trying to wish it away. It was the same […]

Reuters – Two former U.S. Treasury Secretaries on Thursday joined two prominent hedge fund groups, bringing their star power and global connections to one of the finance industry’s fastest-growingsegments. Lawrence Summers, who served in the Clinton administration and this year […]

New York Sun – A California public employees’ pension fund that lost more than $100 million in the collapse of a major hedge fund, Amaranth Advisors LLC, announced yesterday that it has retainedlegal counsel to consider bringing a lawsuit over […]

HedgeWeek – The Latin American alternative investment  funds segment continues to prosper. The universe of onshore and offshore funds concentrated on Latin America strategies has definitemomentum. The continued appetite by institutional and private investors to invest in the region can […]

New York Times – At first glance, the market-beating returns of hedge funds are impressive. But on closer inspection, things look less showy. Performance measures are based on voluntary reporting by hedge funds and thus tend to reflect outperformers rather […]

Financial Times – The Dow Jones Industrial Average was hovering above 12,000 again on Thursday, while debate continued to rage over whether the ageing index had any remaining relevance for today’s markets. But the Dow’s rapid ascent is a symptom […]

MSN MoneyCentral – Rules-based passive hedge fund strategies could provide an increasingly attractive alternative to active hedge fund management as the industry continues to mature according toMerrill Lynch (MER) analysts. They expect strategies will increasingly emerge that aim to replicate […]

Tocqueville Connection – The French stock market regulator AMF told AFP Wednesday it was taking action against the German bank Deutsche Bank and several British investment funds over a 2002 bond issue by the French telecommunications group Alcatel. “The AMF […]