Asbury Park Press – Nothing chills congenial feelings between a money manager and his investors faster than a cold streak. Years of admiration and satisfaction can fade in an amazingly short time when the manager’s performance falters … even if […]

New York Times -CAN hedge funds beat the market? Many of them do so for short periods, of course, but a number of academic studies have generally found that such market-beating funds rarely stay at the top of the rankings […]

Reuters – Hedge funds will not walk away from the potential of emerging markets despite the recent rout, and neither will the banks who facilitate their trading, FIMAT International’s head of primebrokerage told Reuters. Banks’ prime brokerage divisions offer custody, […]

BusinessWeek – On the 31st floor of a skyscraper overlooking Times Square one recent spring day, a dozen or so of Lehman Brothers Inc.’s (LEH ) top executives filed into a conference room to run through risks, relive past financial […]

Many are trying to understand or explain the synchronized decline in stocks, bonds and commodities in May. My explanation: It is the hedge fund industry’s dirty little secret. A long time ago, hedge funds were predicated on superior stock picking. […]

Bayou Group, a collapsed hedge fund company whose founders pleaded guilty to fraud, has sued to recover funds for investors who lost money during the crime. The company has filed four complaints against investors who received payments from phony profits […]

SAN FRANCISCO (MarketWatch) — Pirate Capital LLC questioned Mirant Corp.’s efforts to acquire rival NRG Energy Inc. and said the company should instead put itself up for sale, according to a Securities and Exchange Commission filing by the activist hedge […]

LONDON (Reuters) – Investment manager Global Advisors has launched two new commodity futures funds to meet strong demand from institutional investors, who now see the sector as a separate asset class. Commodity markets have slipped in the past couple of […]

MILAN (AFX) – A group of hedge funds, including Children’s Investment Fund, are ready to oppose Autostrade SpA’s current plans to merge with Abertis Infraestructuras SA to obtain better terms for minorities, the daily Il Sole 24 Ore said without […]

Atlanta Business Chronicle – Marietta resident Kirk Sean Wright, who ran International Management Associates and International Management Associates Advisory Group, was indicted Thursday on charges of mail fraud. Wright, who had been the subject of a search by federal law […]

MSNBC – The IntercontinentalExchange on Wednesday announced plans to launch its first coal futures in a move that highlights rising global demand and the growing importance of banks and hedge fundsin the energy market. The all-electronic exchange already lists utility-based […]

LONDON (Reuters) – Fund managers who bought derivatives to protect their portfolios before the stock market’s recent downturn could have made a quick 10-fold return but most have held onto the insurance ahead of what is expected to be a […]