The stock market had a mixed close last week, but bucked the normal trend for September by closing higher overall, led by the 1.9% gain in the Dow Industrials. Of the major averages, the small-cap Russell 2000 was the weakest, […]

(Reuters) – An investor who previously helped oversee U.S. natural gas trading at Citadel has set up his own hedge fund, a person familiar with the plans said on Monday. Ron Ozer, who worked as a portfolio manager and co-head […]

(Reuters) – The jury is still out on whether the 10-year U.S. Treasury yield’s move above 3 percent is the historical break higher confirming the end of the 30-year bond bull market. The verdict from hedge funds, however, is unequivocal: […]

(Reuters) – Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the market when U.S. sanctions on Iran go into effect fully from November. Hedge funds and other […]

(New York Post) What’s worse than paying millions in fines to the feds? For Elon Musk, it may be the fact that he’s lost his Twitter privileges. To read this article:

(Reuters) An offshore hedge fund firm whose investing was led by money manager Philip Falcone will pay $30 million to resolve claims it knowingly evaded hundreds of millions of dollars of New York state and New York City taxes, officials […]

(Hedgeweek) The asset-weighted Mizuho-Eurekahedge Index – USD was down 0.41 per cent in August, underperforming the equal-weighted Eurekahedge Hedge Fund Index which declined 0.05 per cent throughout the month. Nearly half of the fund managers overseeing assets in excess of […]

(Bloomberg) A former Morgan Stanley trader who ran a phony hedge fund from his rented home in the wealthy New York suburb of Pound Ridge, ripping off friends and even his mother, was sentenced to eight years in prison for […]

(Bloomberg)Activist investor Jonathan Litt says his hedge fund learned that a potential buyer was interested in making a fully financed bid for Mack-Cali Realty Corp. In a letter to the real estate investment trust’s board, Litt, the founder of Land […]

(Bloomberg) Major banks including Goldman Sachs Group Inc., Bank of America Corp., Credit Suisse Group AG and JPMorgan Chase & Co. must face allegations that they conspired to prevent the “antiquated” stock loan market from evolving into a transparent electronic […]

(Capital Trading Group) Considering the FED’s efforts are essentially being offset by continued negative global interest rates, and continued asset purchases via the PBOC, BOJ and ECB, we wonder just exactly what the ultimate outcome will eventually be. Another and […]