(Bloomberg) After most of his clients have fled, billionaire John Paulson has embarked on a strategy to raise assets and generate big fees at the risk of losing his own capital. Paulson & Co. signed up last year with the […]

(CNBC) Hedge fund manager David Einhorn is bearish on bond insurer Assured Guaranty. Assured Guaranty’s “pretax income looks likely to collapse,” he said at The Sohn Investment Conference in New York Monday. “The shrinking profits should pressure [share] buyback capacity […]

(Bloomberg) As global managers from UBS Group AG to BlackRock Inc. get into China’s $2 trillion investment industry, they’ll need strong stomachs to run hedge funds in a Communist country. To read this article:

(CNBC) Jeff Bezos reportedly confided to former AOL president Ted Leonsis that he quit his job at the hedge fund D. E. Shaw because Bernie Madoff “was kicking my ass.”….The Amazon idea came to Bezos as he was researching online […]

(New York Times) The CEO of Sears is its largest shareholder and a major lender to the company….The chief executive, Edward S. Lampert, said the hedge fund he controls would be willing to buy Sears’s real estate holdings, its appliance-parts […]

(Reuters) Hedge fund Meditor Capital Management, already Carpetright’s (CPRC.L) biggest shareholder, has raised its stake to just under the threshold at which it would be required to make a formal takeover offer for the struggling British retailer. To read this […]

(CNBC) Goldman Sachs enlisted Justin Schmidt, a former trader, to be the first head of digital asset markets in the company’s securities division. Schmidt began his role on April 16. To read this article:

(Reuters) Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders. John […]

(Reuters) Less than two weeks after the latest round of U.S. sanctions plunged Russia’s rouble to 16-month lows, some global funds have already stepped back in to buy rouble-denominated sovereign bonds and take advantage of the weaker currency. Early this […]

(Bloomberg) A legal dispute between Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, and a unit of Sequoia Capital is offering a rare glimpse into one of the digital-asset industry’s fastest-growing startups. To read this article:

(Opalesque) Harvest Global Investments, the Asian and Chinese markets specialist asset manager, has become the first Chinese financial services firm to sign an agreement with eVestment to create efficiencies and bolster the effectiveness of its global databases, facilitating communication with […]

(Opalesque) Top tier hedge fund managers gathered in New York to give their best ideas at the Sohn Conference today. Overall managers seemed more confident about their picks than they have in previous years. Citing recent controversy, DoubleLine’s Jeff Gundlach […]