Reuters – Eyes glued to the screen 14 hours at a time, no lunch breaks, on call 24 hours a day, buying, selling and settingnew trends is the busy image that comes to mind of a hedge fund manager. But […]

International Herald Tribune – When Gerald Hassell, president of the Bank of New York, told shareholders this month that hedge funds presented “opportunities to drive this business,” he did not say how badly his company had been squandering those chances. […]

Dow Jones – Refco Inc.’s (RFX) creditors said disappointment awaits a group of hedge funds that has bet on a “substantial” payoff in the company’s bankruptcy case. The hedge funds, including JMB Capital Partners and Lonestar Capital Management LLC, hold […]

MSNBC – More than 28 per cent of all US equity trading was driven by so called “algorithmic trading” at the end of last year, as traditional fund managers followed the lead of hedge funds and began to embrace complex […]

TheStreet.com – Several hedge funds continue to oppose Micron’s (MU:NYSE – commentary – research – Cramer’s Take) acquisition of Lexar Media (LEXR:Nasdaq – commentary – research – Cramer’s Take),and recently told the companies that they plan to vote against the […]

Boston Globe – A former New York University whiz kid whose Greenwich hedge fund cost investors millions of dollars was the fall guy in the fraud, not the criminal mastermind, his attorney said Tuesday. Prosecutors rejected that idea, saying Hakan […]

Cay Compass – Hedge funds have distinct product and market characteristics that make them vulnerable to money laundering, fraud and even terrorist financing. They are manager skill–based, which means there is a certain level of proprietary knowledge involved in the […]

MSNBC – NEW YORK – From Wall Street to Main Street, CEO compensation is big business these days. How much does your hedge fund manager make?  The chances are it’s a lot.  Hedge Funds are hot. With inflows from pension […]

Reuters – Activist hedge fund Liberation Investment Group LLC said on Tuesday it is stepping up its campaign to boost share value at Multimedia Games Inc. (MGAM.O: Quote, Profile, Research), saying it may run a proxy battle or take other […]

Japanese pension funds are examining alternative investment vehicles more closely, according to panellists at the Terrapinn Investor Asset Allocation Japan conference in Tokyo. But Masakazu Arikawa, president for Mcube Investment Solution, Japan, and former president of the Sony Global Pension […]

Financial Times – Hedge fund managers could have to pay hundreds of millions of pounds in tax after a crackdown on firms that channelled excessive profits to offshore tax jurisdictions. // Investigators are pursuing fund managers who cannot justify the […]

Reuters – Hedge funds, whose huge stock bets can cause big market swings, are feared and reviled by many corporations that prefer more control over their fortunes. But companies willing to open their doors to hedge fund scrutiny could gain […]