Third Avenue Management announced yesterday that it was launching the Third Avenue Focused Credit mutual fund. Third Avenue and its Co-Chief Investment...
The SEC announced today that it had charged Philip G. Barry of Brooklyn, New York for operating a $40 million Ponzi scheme through his various firms:...
Korea Investment Corporation’s former chief investment officer, Guan Ong, has launched Blue Rice Investment Management, an Asian-focused credit fund,...
Microsoft Excel is by far the most common application used in a financial environment. There are funds that run their entire operation using Excel spreadsheets;...
London-based Threadneedle Asset Management Ltd. is seeking to raise assets under management of its Threadneedle Commodities Crescendo Fund to $1 Billion...
In today’s job report, we look at several major movements at Japanese based teams of the Carlyle Group, Jupiter Asset Management and Alphex Investments....
Hedge funds that honored client redemption requests in late 2008 are beginning to see new inflows, while many of the hedge funds that halted redemptions...
Climate Change Capital announced this week that it had been hired to manage the Global Climate Change Fund for OpenWorld, Russell Investments’ new single...
After the meltdown of firms like Lehman Brothers, Citigroup (C), Bank of America (BAC), Fannie Mae (FNM), Freddie Mac (FRE) and General Motors, and the...
Hedge fund manager Greenlight Capital sold out of a number of positions over the second quarter of 2009. Overall, the firm made purchases of $417mm,...
Asia’s largest hedge fund manager, Sparx Group Co, has announced it is starting its first global macro strategy hedge fund. According to a Bloomberg...
While many hedge fund investors have suffered during the downturn, many hedge fund managers continue to act as if its business as usual in Greenwich,...
The research of Rice University’s Kenneth Medlock and Amy Myers Jaffe contends that oil speculation by financial institutions played a significant part...
John Paulson’s hedge fund management firm Paulson & Co recently became the biggest investor in AngloGold Ashanti Ltd (NYSE:AU), a South Africa-based...
In the face of the Hedge Fund Transparency Act, and the increasing demands from investors and prospects to disclose more detailed and frequent information,...
Brevan Howard Asset Management announced that it has set up two funds in Mauritius in order for its flagship fund, Brevan Howard Master Fund, to invest...
Although the economy is still shaky, Oaktree Capital Management’s Chairman Howard Marks believes that the best bargains in distressed assets may have...
In this week’s Emerging Hedge Fund Spotlight, we look at three emerging hedge fund managers that were launched earlier this year. The emerging managers...
Last week, a U.S. District Court released the names of the entities that had invested in Marc Dreier’s fraudulent securities. According to an article...
The federal government is running some of America's largest and formerly most influential companies, including Citigroup (C), AIG, Bank of America (BAC)...
Formerly one of the most sought after investment management firms in the industry, Cerberus Capital Management is facing some difficult times as investors...
