(Bloomberg) The reckoning is starting for crypto hedge funds. Demand and profits are drying up at many of the more than 150 funds that popped during last year’s spectacular surge in Bitcoin — which brought cryptocurrencies to the attention of […]

(Bloomberg) A Washington consultant charged with passing government information to hedge funds was part of a Washington culture where leaks and sharing information are the norm, his lawyer said at the start of an insider-trading trial. David Blaszczak, a former […]

(Bloomberg) In operation for more than 40 years, this outfit has grown to $106 billion in assets with investments in more than a dozen countries. Most of that is in China. Its returns probably wouldn’t have you popping champagne — […]

(Reuters) A federal judge has dismissed the central claims of a U.S. Securities and Exchange Commission lawsuit accusing a New Jersey hedge fund firm of “grossly” exaggerating the value of its investments to boost fees during the global financial crisis. […]

(Bloomberg) China took a major step toward seeing Alibaba Group Holding Ltd., Baidu Inc. and others list in its domestic market, announcing a trial program that would allow the technology giants to see their shares bought and sold in the […]

(Bloomberg) HSBC Holdings Plc agreed to pay $100 million to settle an antitrust lawsuit by over-the-counter investors, including the city of Baltimore and Yale University, who claimed they were harmed when they bought securities tied to rigged Libor. The proposed […]

(Hedgeweek) Context Capital Partners’ latest Context Allocator Trends Report, which is based on a survey of more than 400 institutional investors and family offices, has revealed strong demand for alternative investment strategies, with 70 per cent of respondents planning to […]

(Bloomberg) David Einhorn’s main hedge fund at Greenlight Capital fell about 1.9 percent in March, extending its loss this year to 14 percent, according to a client update seen by Bloomberg. The performance compares with a 2.5 percent drop for […]

(Bloomberg) If you’ve been cursing at technology stocks for the past two days, there’s another corner of the market that’s perhaps just as deserving of your anger. It’s called momentum — quant jargon for stocks that have performed the best […]

(Bloomberg) Hostile bids are never easy but the success of the bitterly contested takeover of U.K. engineer GKN Plc shows that the effort can still pay off even in today’s highly politicized M&A climate. The winning buyer, Melrose Industries Plc, […]

(Bloomberg) Barclays Plc agreed to pay $2 billion to settle a probe into how it sold the sort of mortgage bonds that fueled the financial crisis, securing a penalty less than half of what U.S. authorities originally demanded.The British lender […]

(Bloomberg) U.K. engineering company GKN Plc lost a hard-fought battle for independence after shareholders opted for a 8.1-billion-pound ($11.2 billion) offer from Melrose Industries Plc in a takeover that attracted scrutiny from government, a key customer and unions. Melrose received […]