Bloomberg – The U.S. Securities and Exchange Commission opened a probe into New York hedge fund Fletcher Asset Management as three Louisiana pension systems raised questions about its liquidity, the Wall Street Journal reported, citing a person familiar with the matter. The […]

HFMWeek – The $18.2bn Texas County & District Retirement System (TCDRS) invested an additional $1bn into hedge fund strategies in March, HFMWeek has learned. The move follows a decision made by the retirement system to increase its absolute return target […]

Dow Jones – Big-money investors such as hedge funds received more-favorable credit terms during the spring, a U.S. Federal Reserve survey said Monday. The quarterly Senior Credit Officer Opinion survey focuses on wholesale credit markets, and the findings of the latest […]

WSJ Blog: Shorting U.S.-listed Chinese companies is so yesterday. That’s the opinion of some hedge fund managers who’ve made money and are struggling to place fresh bets. Chinese firms listed in the U.S. have made headlines in recent months amid […]

Bloomberg – New York and California are in the early stages of an antitrust investigation of Google Inc. (GOOG), along with Texas and Ohio, said a person with knowledge of the matter who didn’t want to be identified because the probe isn’t […]

AP –  Federal prosecutors told a jury on Wednesday that exhaustive wiretap evidence proves a Wall Street heavyweight routinely used a cadre of “corporate spies” to get rich off inside trades, while the defense insisted he was merely one of […]

Reuters – Hedge fund managers are finally breathing a sigh of relief. Newly confident that investment opportunities will improve in 2011 as the global economy recovers, more than half said they have a generally positive outlook for the industry, a […]

Reuters – Hedge funds are back and bigger than ever. Fueled by fresh investor demand, these loosely regulated portfolios now manage $2.02 trillion, marking an all-time high for the industry, data released on Tuesday by Hedge Fund Research (HFR) show. The […]

The Telegraph – “Non banks”, which include hedge funds, private equity firms and pension funds, are likely to pick up an increasing share of financing services once provided exclusively by the big banks. The forecast comes in a report by […]

Bloomberg – Two men were indicted on conspiracy, securities fraud and wire fraud charges for allegedly cheating investors by operating a phony New York-based hedge fund. William Shternfeld and Benjamin Koifman operated A.R. Capital Global Fund LP, an unregistered investment […]

Fund Strategy – Nearly 25% of new hedge funds launched in the third quarter have been Ucits III, according to data released today by Hedge Fund Research. Ucits III versions of hedge funds are becoming increasingly popular among investors as […]

Straits Times – A star player at troubled US banking titan Goldman Sachs is set to leave his post and set up a Hong Kong-based hedge fund that could be one of the largest in Asia, a report said on […]