Three influential US senators have asked President George W. Bush to raise the case of William Browder, the hedge fund chief who has been barred from entering Russia, when he meets Vladimir Putin at the Group of Eight summit this […]

Bloomberg – Bisys Group Inc. said personal details about 61,000 hedge fund investors were lost when an employee’s truck carrying the files was stolen. Backup tapes with the information, including the social security numbers of 35,000 individuals, were being moved […]

Asia Times Online – In every decade, certain socio-cultural archetypes arise to become the avatars of their time. In the 1950s, there was the corporate “organization man” in his gray flannel suit; in the ’60s, the tie-dyed flower-power hippie. In […]

Sunday Times – South Africa’s hedge fund industry is about to double in size over the next two to three years, says Rand Merchant Bank. RMB is putting their faith behind this belief and has announced they are to be […]

CityWire.co.uk – Fund managers who produce above average returns year-in, year-out are a very rare species, research by New Star Asset Management’s fund of funds team shows. Only one in 34 managers in the UK All Companies sector has produced […]

Gainesville Sun – South Korean authorities are continuing a high-profile investigation into Lone Star, the Dallas-based private-equity fund, fueling a public backlash against excessive profits made by foreign investment funds. Just eight years ago, Lone Star was hailed as a […]

Newsday – He’s been called the richest Long Islander, and not a lot of people know who he is. At an estimated $2.6 billion, James Simons’ net worth is greater than Cablevision’s Charles Dolan. A few times more than Computer […]

Reuters Italia – Fund management companies face a tough fight to hold onto talented employees against the lure of hedge funds, a research executive said on Tuesday. With many managers defecting to hedge fund start-ups and other small companies to […]

 Business Standard – The idea of hedge funds may well be to predict market movements ahead of time and act swiftly to produce the best possible returns in absolute terms, but this genre of funds don’t seem to have been […]

Daily Camera – At 7:32 in the morning on Oct. 13, Paul Van Dillen tapped out an urgent email to Refco Inc. “Please return $9.9 mm,” he instructed the New York-based brokeragefirm. Refco had a reputation for stellar service, but […]

Forbes – The EU hedge fund industry should be free to offer its services across different member states and face fewer obstacles when marketing its products to investors, theFinancial Times quoted a European Commission report as saying. The paper, which […]

Reuters – Some large multistrategy hedge funds are beginning to look more like mini banks as they stray from their usual haunts in stock and bond markets to new areas which include financing andinsurance. Motives include the hunt for higher […]