MSN MoneyCentral – Vega Asset Management, the hedge fund firm that has seen its assets plunge by billions of dollars in recent weeks following steep losses on bond and currency trades, has sought toreassure investors that it remains “strong and […]

Stamford Advocate – Securities and Exchange Commission attorneys are recommending that no action be taken against Wall Street executive John Mack or Pequot Capital Management Inc. in an insider-trading probe that led to allegations of political interference within the SEC. […]

Yale Daily News – The days may be numbered on the rocketing growth of Yale’s endowment. The University’s investment portfolio – valued at $15.2 billion in June of 2005 – grew 22.9 percent to $18 billion this year, marking the […]

Forbes – Steep trading losses at Vega Asset Management, a hedge fund firm, may lead some investors to withdraw money, cutting its assets to as low as 1 bln usd from a peak ofabout 12 bln, the Financial Times reported. […]

Reuters – European institutional investors have long sung the praises of hedge funds, but have been slow to put money into these loosely regulated portfolios, according to a study released onWednesday. European investors have been talking hedge funds up since […]

Marketwatch – When TV commentator Ron Insana starts getting into hedge fund management, it’s probably time for everyone else to get out. This isn’t to slight Insana, who is among the most sober and intelligent thinkers on that channel, if […]

MSN MoneyCentral – Hedge funds hold more allure than ever for pension funds looking to boost returns. That promises to remain true despite high-profile stumbles like the failure of hedge fundAmaranth Advisors LLC. Even big pension funds that lost money […]

Black Enterprise – Investors looking to be “advisory clients” of Morgan Creek Capital Management will have to pony up $200 million as an initial investment, following a recent decision at thefirm. Morgan Creek currently manages investments for eight such advisory […]

FinFacts Ireland – The 30- blue chip Dow Industrials Average hit a new record on Tuesday, boosted by hopes that falling oil prices will support consumers and the housing market. The benchmark rose 56.99 points to pass the record close […]

Investment Week – Cazenove and Gam are offering retail access to hedge fund portfolios with both firms launching fund of fund-style strategies. Cazenove Capital Management will launch a portfolio exposed to three of its hedge funds, run by Tim Russell, […]

Investment Week – SGAM has launched three Sicav vehicles to be managed by a trio of US-based hedge fund firms, while Mellon has also brought a derivative-based global absolute return vehicle to the market. All the products will aim to […]

Yahoo! News – Look behind any major financial scandal these days, and chances are good you will find a hedge fund. In some cases, these high-risk investment pools played a neutral, or even benign, role. They were, for instance, among […]