(Hedge Fund Law Report) The SEC recently announced that it had issued an order against an accounting firm and two partners for willfully aiding and abetting violations of Rule 206(4)-2 (the so-called “custody rule”) of the Investment Advisers Act of […]

(Boston Globe) A former executive of State Street Corp. was convicted Tuesday by a federal jury for his role in a scheme to defraud customers by charging secret commissions on billions of dollars worth of trades. Ross McLellan, 47, of […]

(Bloomberg) An Oslo-based hedge fund’s love for unloved Japanese stocks has proved a winning passion for more than a decade. “Our model is good at identifying companies that shouldn’t be listed,” Trond Hermansen, who manages Sector Zen with analyst Lars […]

(Harvest) In a situation eerily reminiscent of the build-up to the fateful Brexit referendum, many investors seem to once again underestimate the risk of political upheaval in Europe. Like David Cameron in 2016, Angela Merkel faces significant pressure from nationalist […]

(Bloomberg) Donald Trump’s threats of a trade war with China are sending jitters through the hedge-fund community. Pinpoint Asset Management and SPQ Asia Capital have recently cut a measure of risk called net exposure — the difference between bullish and […]

(Reuters) A New York-based hedge fund is ending a $68 million investment by the Kentucky Retirement Systems, citing new code of conduct requirements imposed by the state, as well as ongoing litigation, the system’s executive director said on Thursday. David […]

(Opalesque) Hennessee Group LLC announced today that the Hennessee Hedge Fund Index increased +0.96% for the month (+2.27% YTD), while the S&P 500 was up +2.16% (+1.19% YTD), the Dow Jones Industrial Average increased +1.05% (-1.79% YTD), and the NASDAQ […]

(Hedgeweek) Quantitative hedge fund WPT believes there’s a ‘significant’ risk of a market correction in 2018 and is preparing for probable market turbulence. To read this article:

(Hedgeweek) GMEX Group, a provider of multi-asset exchange trading, post trade business solutions and technology, has taken a leading role in the initial consortium to launch the Mauritius International Derivatives and Commodities Exchange (MINDEX), through the GMEX Market Advancement Programme […]

(Reuters) SkyBridge Capital II LLC said on Monday it was suing Premium Point Investments LP, claiming it lost nearly $80 million because the investment service inflated the value of its hedge fund assets. To read this article:

(Reuters) Hedge funds are loading up on bullish dollar bets at the fastest pace on record, taking the Fed’s recent hawkish signal on interest rates at face value and going long the greenback for the first time in a year. […]

(Reuters) Hedge funds left their positions largely unchanged in the run up to last week’s meetings among oil ministers from the Organization of the Petroleum Exporting Countries and its allies. Hedge funds and other money managers trimmed their combined net […]