With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]

With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]

Dallas Mavericks owner Mark Cuban has decided not to open a hedge fund that bets on sporting events after all. “Some other people took the idea and ran with,” he said in an e-mail. “That was fine by me because […]

Reclusive billionaire Izzy Englander agreed to fork out $30 million of his own fortune yesterday as part of a monster settlement of fraud charges against his Wall Street hedge fund. Englander, 57, who shuns public events and avoids being photographed, […]

ZURICH (Reuters) – The world’s super-rich will soon become marginal financiers in the hedge fund industry as the business they invented is increasingly dominated by large institutional investors, fund managers say. Billionaires and other individuals rich enough to spend most […]

The New York hedge fund that wants to replace a majority of the board of directors at Algoma Steel Inc. said Thursday it has filed a lawsuit to move up a March 22 shareholder vote. Paulson & Co. Inc., which […]

Tax-news.com – One of Europe’s largest hedge funds has bought up a reported 18% of the publicly traded shares in the recently launched Hong Kong Link REIT, the world’s largest initial public offering in a real estate investment trust. According […]

Hedge funds, after pushing gold prices to 22-year highs, are looking to China and other Asian central banks as the next big drivers of the metal.This month Russia, Argentina and South Africa decided to increase the amount of gold in […]

New York Times – Millennium Partners, one of the most successful hedge fund managers, agreed yesterday to a $180 million settlement over an elaborate, scheme to trade in and out of mutual funds. Millennium’s founder, Israel A. Englander, a prominent […]

TheStreet.com – When it comes to hedge fund returns, size matters. So far this year, hedge funds have returned an average of 2.42%, according to data compiled by Standard & Poor’s. That’s below the S&P 500’s return of 3.76% and, […]

The Times – LONDON’S hedge fund managers dominate headlines with flashy parties and bumper bonuses, but when compared with their transatlantic cousins they remain minnows. DE Shaw, a secretive operation based in New York City, has topped a list of […]

MSNBC – Blackstone, the world’s largest independent alternative asset manager, is planning an aggressive move into hedge funds, where it believes it can be a significant force with potentially $10bn under management. “The first brick is in place,” Tony James, […]