Reuters – Jupiter Asset Management told Reuters it has hired high-profile former Gartmore fund manager Philip Ehrmann and will launch a new China fund for him to handle. Ehrmann, who was Head of Pacific & Emerging Markets at Gartmore, ran […]

Bloomberg – Jim Rogers, the co-founder of George Soros’s Quantum hedge fund, says oil prices will reach $100 a barrel, possibly this year. Merrill Lynch & Co.’s Francisco Blanch says no way. “Unless somebody discovers something very quickly and very […]

Malaysia Sun – A phone call from a New York whistleblower led to a $30 million settlement in what’s been called one of the biggest scandals in mutual funds history. Whistleblower Noreen Harrington tipped off investigators to the scandal, which […]

International Herald Tribune – Like the French in August, all taking the same roads to the same places at the same time to try to escape one another, hedge fund managers all seem to be making thesame moves in the […]

Austin American-Statesman – The dispute had all the markings of a classic battle between a company and short sellers. On one side was a well-known shipping firm complaining about speculators spreading rumors as part of a “dirty scheme” to depress […]

BankNet 360 – A small, but growing, number of hedge funds are filing requests with the Securities and Exchange Commission to de-register themselves. So far, 10 of the 2,500 registered funds have submitted their de-registration requests. The moves follow a […]

MSN MoneyCentral – Hedge funds attracted $42.1 billion in new cash in the second quarter of 2006, bringing total industry assets to $1.225 trillion. The inflow was the largest quarterly gain since 2003, when Chicago-based Hedge Fund Research began tracking […]

Business Day – ALTHOUGH the popularity of hedge funds increases in direct proportion to the volatility of world financial markets, most South African investors remain shut out of these opportunities while the authorities consider how best to regulate hedge funds, […]

Financial-Planning.com – Securities and Exchange Commissioner Cynthia Glassman said “it is unfortunate [the SEC] wasted so much time and effort” on the independent chairman and the hedge fundregistration rules, only to have them voided by the U.S. Court of Appeals. […]

Wall Street Journal – A lot of what is said about hedge funds and derivatives is nonsense. At one extreme, hedge funds are attacked as dangerously unregulated cabals wielding newfangled instrumentsof finance like unguided missiles aimed at the heart of […]

Pasadena Star-News – Two class-action lawsuits filed in Manhattan federal court in April allege fraud by the world’s largest “prime brokers” in securities lending practices. Goldman Sachs, Bear Stearns, Lehman Brothers, Morgan Stanley, Merrill Lynch, Citigroup, Banc of America Securities, […]

Forbes – CMA Global Hedge, a fund of hedge funds, said it raised 402 mln usd through its initial public offering, the second-biggest stock market flotation by a financialservices company in the UK so far this year after Standard Life. […]