Reuters -Investor Carl Icahn on Tuesday called on Time Warner Inc. to break its empire up into four separate companies, citing a Lazard Ltd. report he commissioned that also recommended stock buybacks totaling about $20 billion. Icahn also said on […]

Reuters – Hedge fund managers must maintain high levels of business integrity or face a government crackdown, the newly appointed chairman of the Commodity Futures Trading Commission told an industryconference on Tuesday. The fast-growing industry, many of whose members were […]

MarketWatch – Convertible securities can be bought at bargain prices, if a long-term investor can wait out the typical hedge fund holding period — three months — and pick through the selection managers are selling. Hedge fund managers typically measure […]

Kansas City Business Journal – A New York hedge fund has bought a stake in TeamBank’s owner. Interests controlled by Israel Englander, including Millennium Management LLC, have bought 6 percent of Team Financial Inc. The Paola-based bank owner (Nasdaq: TFIN) […]

KVIA.com – The state Senate has unanimously approved a tax break for mutual and hedge funds that locate in New Mexico.The proposal approved today is part of a package of tax reductions recommended by Governor Richardson.It removes the gross receipts […]

New York Post –  Hunt Taylor, the man who oversaw nearly $1 billion in Stern family investments in hedge funds, was killed late Sunday in a motorcycle accident during a vacation inArizona. Taylor, 54, died when the motorcycle he was […]

St. Louis Post-Dispatch – The Steel Partners II LP hedge fund on Monday stepped up pressure to gain power on Angelica Corp.’s board, telling regulators that it will ask Angelica shareholders to replace two directors – including the company’s chief […]

Reuters.uk – Weak returns stemmed the flow of money into hedge funds late last year, but panellists at a conference said growth of assets in the industry will pick up as institutions continue todiversify their portfolios. Data from Chicago-based Hedge […]

Finance Magazine – Ireland looks likely to follow the lead set by Germany and the UK by offering retail investors the chance to buy into hedge funds for the first time. Leading figures in the Irish investment management industry believe […]

Reuters – Hedge fund managers, many of which were forced to register as investment advisers for the first time this month, now have a new worry: legions of government inspectors poring over theirbooks and finding arbitrary violations. At an industry […]

Belleville News-Democrat – CHICAGO – Many hedge funds, the often secretive and lightly regulated investment vehicles for wealthy individuals and big institutions, are hedging when it comes to new rules requiring them to give up some of their privacy. Since […]

The asset manager has turned itself around, thanks in part to CEO Gary Black’s efforts, but there are still reasons for investors to be cautious Named for a two-headed Roman god, Janus Capital Group (JNS ) may have done an […]