Pioneer Press – John Mack, chief executive of Morgan Stanley, will be interviewed by the Securities and Exchange Commission in an investigation of a hedge fund he participated in prior to taking overthe Wall Street firm, the company said Friday. […]

Arizona Daily Star – With fraud among hedge funds rising and ordinary investors getting hurt, the chairman of the Securities and Exchange Commission said Tuesday he will push for new emergency regulations of the high-risk investment pools. SEC Chairman Christopher […]

Stamford Advocate – LexPRO Research LLC wants to help businesses make sound decisions. The new company, which set up shop at 20 Summer St. in Stamford in February, offers corporate due diligence and background investigation services. LexPRO’s target clients are […]

BusinessWeek – Back in the day, mergers and acquisitions advisers routinely viewed transactions as “in the bank” immediately upon the announcement of a deal. Indeed, deal conference calls were usually filled with congratulatory back-slapping from stock analysts as junior investment […]

Reuters – The collapse of volatility in recent years has hit hedge fund returns but its revival this year should mean that patient investors could at last see some reward for their faith. However, performance isn’t guaranteed because while some […]

The Financial Standard – Macquarie Bank’s Equity Markets Group has announced that it is combining its separate hedge fund businesses under the name MQ Specialist Investment Management (MQ) to form a combined $1 billion heavy hitter. Greg Mackay, the head of newly […]

CityWire.co.uk – Funds of hedge funds deserve a place in many portfolios but financial advisers are still uncomfortable with their complexities. The argument for funds of hedge funds (FoHF) to be authorised for sale to the retail market is increasingly […]

MSN MoneyCentral – The US Treasury is to convene its first formal meetings with hedge funds and investment banks in coming months in a sign that it wants to learn more about the possible risks oflenders’ exposure to the industry. […]

Bloomberg – The U.S. government is intensifying its scrutiny of hedge funds as lawmakers weigh stricter oversight of the industry with $1.2 trillion in assets under management. The Treasury Department this month started an inquiry into the funds, whose assets […]

The Australian – THE top 25 Asia-based funds now manage $US22.6 billion ($30 billion) in assets, signalling a growing shift in the hedge fund industry towards emerging Asian markets as well as Japan. The figures come from Institutional Investor’s Alpha, […]

Street.Com – Money manager Waddell & Reed (WDR – news – Cramer’s Take) will pay a $50million penalty to securities regulators to settle claims arising from the nearly 3-year-old investigation into abusive mutual fund trading. The Kansas-based financial firm said […]

CFO.com Magazine – Morgan Stanley chief executive officer John Mack will talk to the Securities and Exchange Commission regarding its investigation into possible insider trading at hedge fund Pequot Capital Management Inc., according to published reports. “Yesterday, the SEC contacted […]