Some of the year’s best-performing hedge funds are nursing big losses for October, stung by reversals in energy stocks, takeovers and investments overseas. Some large hedge fund managers are facing losses of 5 to 10 percent for the month, according […]

In 1988 the hedge fund industry professionals first established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse. Since that time, chapters have opened in New York, San Francisco, Dallas, Chicago, Atlanta, Toronto and as of […]

Stocks moved higher on Monday amid some merger news, positive economic reports, and month-end portfolio adjusting. However, gains were tempered ahead of Tuesday’s Federal Reserve meeting on interest rate policy. The Dow Jones industrial average rose 37.3 points, or 0.36%, […]

DUBAI — Hedge funds are now firmly on the radar of even the most conservative of asset allocator, said Sandy Shipton, head of asset management and fund registration, DIFC Authority, at the 8th annualHedge Funds World, Asia 2005, conference in […]

LONDON, Oct 31 (Reuters) – British budget clothing retailer Peacock Group Plc (PEA.L: Quote, Profile, Research) will announce on Monday it has agreed a management buyout which values the company at 410 million pounds ($731.1 million), the Financial Times reported. […]

NEW YORK (CNN/Money) – While becoming a successful hedge fund manager in the United States is tough, virtually anyone can give it a shot, provided they’ve got a handful of startup capital and a Bloomberg terminal. That ease of entry […]

LONDON (Reuters) – The risks hedge funds pose to markets and confidence are no higher than in traditional asset management and overregulation could drive the industry away from Britain, an industrybody said on Thursday. Britain is the most popular destination […]

(Reuters) – Bankrupt brokerage Refco Inc. faced “life threatening” financial and regulatory problems in the late 1990s as customers began racking up trading losses, the Wall Street Journal reported,citing a fax sent to Refco’s former chairman by an associate who […]

A trade body representing British and European hedge funds has rejected any suggestion of tougher regulation by the Financial Services Authority. Today sees the end of a four-month consultation period in which interested parties could respond to two discussion papers […]

Remember The Bonfire of the Vanities? We’re not talking about that time in 1497 when grumpy Dominican friar Girolamo Savonarola collected and publicly torched a bundle of sinful objects in Florence–such as cosmetics, mirrors and splendid dresses, but Tom Wolfe’s […]

(Reuters) – Rangebound trading in major currencies this year is keeping hedge funds away from the forex market but turnover is on the rise on inflows from central banks and corporates, the head ofspot trading at Societe Generale said on […]

Independent – Regulatory authorities investigating GLG Partners, a London hedge fund, are focusing on the $1.85bn convertible-bond arbitrage fund run by Philippe Jabre, according to sources familiar with the matter. The Financial Services Authority are examining whether GLG traded on […]