Bloomberg – Iceland may pay the highest yield in six years when it sells as much as 1.5 billion kronur ($19.8 million) of government bonds this week as the central bank raises interest rates and hedge funds roil the nation’s […]

Reuters – Hedge fund Third Point LLC on Tuesday urged Massey Energy Co. (MEE.N: Quote, Profile, Research) stockholders to approve twoof its candidates for the coal mining company’s board, saying they would provide “a new voice and a fresh perspective,” […]

Fort Worth Star Telegram – A hedge fund run by billionaire investor David Tepper launched a new bid Monday to slow Delphi Corp.’s restructuring plans, asking a judge to bar the company fromjettisoning its labor union agreements and its money-losing […]

Reuters – The explosive growth and mounting integration of hedge funds into the world financial system has increased risks in the industry and needs scrutiny, central bank policy-makers and industryexperts warned. Gathered at a two-day conference hosted by the Federal […]

MSN MoneyCentral – Hedge funds have increased their holdings in the London Stock Exchange in the past week at prices that show they anticipate a higher offer from Nasdaq or another buyer before adeal is consummated. DE Shaw, Halcyon Asset […]

Street.Com – Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well. “Hedge funds continue to outperform the S&P 500 index, with technology, Asia-Pacific and Europe leading […]

East Bay Business Times – The nation’s two largest public pension funds plan to build a “first-of-its-kind” database of emerging managers and financial service providers. The effort by the California Public Employees’ Retirement System and the California State Teachers’ Retirement […]

BusinessWeek – It was an epic showdown between legendary buyout king Henry R. Kravis and New Age hedge fund manager Stephen A. Feinberg — and Feinberg won. On Apr. 3, General Motors Corp. (GM ) announced that it would get […]

BusinessWeek – A kind of high-end investment club, Tiger 21 gives its multimillionaire members a chance to share deals, financial advice, and a few life lessons. Thomas Gallagher shifted uneasily in his seat. He waited for each of the 10 […]

MSNBC – The organisation that funds the Nobel Prizes has decided to invest in hedge funds for the first time, tapping three firms for its maiden investments. The Nobel Foundation, which has more than $450m in managed capital, has invested […]

Business Courier – It’s not exactly on the cutting edge, but Cincinnati is starting to join the trend of hedge funds popping up like weeds. Anderson Township-based Nottinghill Investment Advisers is at least the third local firm to start a […]

Waterbury Republican-American – For now, Bruce McGuire and others in the hedge fund industry can rest easy; their detailed financial information will remain confidential and no anti-fraud unit willsniff around their work anytime soon. A bill recently introduced in the […]