Reuters – Telecommunications company North Pittsburgh Systems Inc. (NPSI.O: Quote,Profile, Research) said on Wednesday that its board of directors rejected a proposal from activistinvestors owning a 7.85 percent stake to hire an investment banker to seek the company’s sale. North […]

Hill News – Gary Aguirre, the whistle-blower whose charges of lax and politicized enforcement at the Securities and Exchange Commission (SEC) have sparked the interest of three Senate committees,sued the regulator Friday to secure the public release of records he […]

International Herald Tribune – Cocoa prices fell on Tuesday, recording their biggest two-day loss since 1989, on concern that the recent rally was overblown.   Hedge fund managers and other large speculators have increased their net-long positions in New York […]

Macon Telegraph – Martha Stewart complained that she was almost trampled by the scrum of reporters at her trial on charges she lied about a stock sale. Stephen J. Treadway’s trial, in the sameManhattan federal court, was considerably quieter, although […]

CANNES, France (Reuters) – Finding the talent to move assets around quickly to take advantage of trends that sometimes last for only short periods is a big challenge facing the hedge fund industry, aconference heard on Wednesday. “Market trends are […]

Reuters – Hedge funds have scaled back their expected returns for the year following large losses in May and June on stock market bets, a survey of delegates at a hedge fund conference showed. The survey by organisers ICBI showed […]

Bloomberg – At a time when interest rates and defaults are rising, Europe’s lowest-rated companies are having no trouble getting loans. More than 100 European borrowers that can’t get investment- grade credit ratings, from Yellow Pages publisher Yell Group Plc […]

The Lawyer – Wachtell Lipton Rosen & Katz has joined the throng of vocal opposition to a recent ruling rejecting the Securities and Exchange Commission’s (SEC) rule requiring hedge fund advisers to register under the Investment Advisers Act. The New […]

Bloomberg – Ananda Siregar, a 31-year-old, first- generation entrepreneur, has given up a cushy hedge-fund job to plunge into business. And that makes him something of a rare breed in Indonesia. In September, Siregar will take a leap of faith […]

Washington Post – Don’t be misled by the recent news that a U.S. court blocked the Securities and Exchange Commission from regulating hedge funds. The $1.2 trillion hedge fund business hasn’t permanently escaped the clutches of regulators. It has only […]

Houston Chronicle – The assets of a hedge-fund manager indicted for scamming several pro football players out of millions of dollars will go up for auction later this month _ revealing a lavish lifestyle for the 35-year-old. Kirk Wayne Wright […]

Telegraph.co.uk – John Duffield, founder chairman of New Star Asset Management, has raised serious concerns about the issue of fund managers front-running their long-only funds, such as unit trusts or investment trusts, with hedge funds. Front-running is the practice of […]