Denver Post – A federal judge in Denver has ordered a Tennessee money manager – accused of fraud by federal regulators – to pay $1 million to an Evergreen- based hedge fund. U.S. District Judge Richard Matsch last week awarded […]

Philadelphia Inquirer – Defunct hedge fund Canary Capital Partners L.L.C. has agreed pay the state $10 million to settle allegations that it stacked the deck against ordinary investors, the NewJersey Attorney General’s Office said yesterday. Secaucus-based Canary, two of its […]

International Herald Tribune – In the last year, hedge funds and deep-pocketed individual investors have been cajoling management at many large companies to buy back shares, increase dividends or take other steps to bolster shareholder value. The billionaire Kirk Kerkorian, […]

MSN MoneyCentral – TOKYO (AP) – The U.S. dollar rose against the yen and euro in Asian trading Tuesday as players took a wait-and-see approach before U.S. economic data due out this week that mayshow mild inflation. The dollar was […]

Finextra – Pan-European exchange Euronext is under pressure from one of its largest shareholders to drop its takeover bid for the London Stock Exchange and kick-start merger talks with Deutsche Börseinstead. US hedge fund Atticus Capital – which says it […]

Pioneer Press – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]

Bloomberg – Hedge funds earned a record $16 billion in fees last year as the returns on investment dwindled to almost half of the average a decade ago. The loosely regulated $1.1 trillion industry increased management fees to 1.44 percent […]

St. Paul Pioneer Press – Imagine that you wake up one morning with the power to rattle or rally financial markets across the globe, determine the strength or weakness of the U.S. dollar and encourageor discourage the purchases of cars […]

THE three private-equity firms behind the Burger King fast-food chain expect a whopper of a payout as they prepare for a potential $2.5 billion (£1.3 billion) flotation. Texas Pacific Group, Bain Capital and Goldman Sachs Capital Partners, the buyout shops […]

Backers of the Glazer family’s controversial £690m takeover of Manchester United are having as much trouble off the field at the club is having on it. In the seven months since the Glazers assumed control, Man Utd has lost its […]

BEIJING, Jan. 14 — China will see a more favourable environment including more openness, liquidity and interest from the investing public – for the development of hedge funds over the next three years, predicts a US expert. Hedge funds are […]

San Diego Union Tribune – UBS Financial Services Inc. was fined $49.5 million Thursday by the New York Stock Exchange and state regulators in New Jersey for improperly trading mutual funds on behalf of hedge funds and other clients. According […]