New York Times – Money managers have been stepping up their search for Wall Street’s holy grail: an investment that consistently generates “alpha.” While that may just be Greek to people far removed from Wall Street, when money managers talk […]

Reuters – The U.S. Securities and Exchange Commission said on Wednesday that its general counsel, Giovanni Prezioso, will resign in early 2006. Prezioso, 47, has been in the job for three-and-a-half years. He will return to the private sector, but […]

A Hedge Fund called the Rutland Fund recently became the Cayman Islands? 10,000 registered fund authorized by the Monetary Authority to operate in the Cayman Islands. Since the passage of the Mutual Funds Law back in 1993 The registration of […]

Bloomberg – For Michael Mandell, running a hedge fund is a matter of life and death. After investors pulled 90 percent of the $80 million in his New Aquarian funds starting in 2004 amid bruising competition in the industry, Mandell […]

International Herald Tribune – During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the 1990s bull market, bet on declines as the Nasdaq collapsed and made – and sometimes lost […]

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, fundmanagers say. Billionaires and other individuals rich enough to spend most of their […]

Bloomberg – During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the 1990s bull market, shorted stocks as the Nasdaq collapsed and made — and sometimes lost — vast fortunes. […]

IPE.com – UK – Around one in five large UK pension funds have some exposure to hedge funds, the National Association of Pension Funds says. The NAPF’s annual survey – which asked about hedge funds for the first time due […]

Reuters – An increased number of investors were bearish on Treasuries in the latest week, with expectations of further U.S. interest rate hikes, according to a poll released on Tuesday. Investors who said they were short on Treasuries rose to […]

CFO.com Magazine – The Securities and Exchange Commission is investigating the increasing role played by hedge funds in bankruptcy proceedings and whether fund representatives are lying about the size of their stakes to gain critical, sensitive information, according to Bloomberg. […]

Hedge funds, after pushing gold prices to 18-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 […]

During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the ’90s bull market, shorted stocks as the Nasdaq collapsed and made – and sometimes lost – vast fortunes.    Now, the […]