NEW YORK, Oct 2- Managers of equity long/short funds cut their net exposure in September, a month during which markets pulled back on a rising dollar and questions over the timing of the Federal Reserve's next rate hike, Credit Suisse wrote in a note. Short hedge funds returned an average of 5.9 percent through September, Credit Suisse wrote, on pace for 490 basis...» Read More
Billionaires Buffett, Bezos and Henry are hoping to save the newspaper industry through a mix of civic pride and digital innovation.
The former Pershing Square analyst who told his roommate about Bill Ackman's big Herbalife short early is not who you think.
The SEC said Filip Szymik, 28, was told by his roommate, then an analyst at Ackman's hedge fund, Pershing Square Capital Management, that Ackman was going to announce a negative view of Herbalife Ltd. The roommate was not named by the SEC because he is not accused of wrongdoing.
WASHINGTON, Sept 30- U.S. regulators on Tuesday charged two men with insider trading after they learned that hedge fund manager Bill Ackman was planning to announce a $1 billion bet against Herbalife Ltd based on a view the company was merely a "pyramid scheme."
Hedge funds and other big money managers in Hong Kong aren't panicking about the democracy protests sweeping the city.
Third Point has taken a "significant" position in eBay, a source told CNBC.
BOSTON, Sept 30- Third Point LLC, the hedge fund run by Daniel Loeb that is known for pushing companies to perform better, has taken a "significant" stake in eBay Inc and has had discussions with its chief executive officer, a source familiar with the matter said on Tuesday.
BOSTON, Sept 30- Hedge fund manager Daniel Loeb's Third Point LLC has taken a "significant" stake in online marketplace EBay Inc and had discussions with its chief executive officer, a source familiar with the matter said on Tuesday. The company announced earlier on Tuesday that it agreed to spin off its PayPal unit.
US judge held Argentina in contempt of court for trying to find ways to circumvent a prior order requiring it pay holdout bond holders.
District Judge Thomas P. Griesa made the announcement after a lawyer for U.S. hedge funds led by billionaire hedge fund investor Paul Singer's NML Capital Ltd. argued that Argentina has openly defied Griesa's court orders for more than a year.
American Apparel said it hired Scott Brubaker of turnaround firm Alvarez & Marsal as interim chief executive months after ousting founder Dov Charney.
A strategy employed by large banks to help hedge funds cut taxes has drawn criticism from U.S. authorities, the Wall Street Journal reported.
Bank of America Corp was recently questioned by U.S. regulators about the potential legal and reputational risks from the maneuver, the newspaper said, citing a spokesman for the Federal Reserve Bank of Richmond.
A new investigation of industry assets by Absolute Return reveals that, once again, the largest funds are controlling more assets than ever.
Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.
James Stewart of The New York Times, discusses his column on state pensions and CalPERS' move to dump its hedge fund investments.
A recent move by CalPERS was seen as a victory for critics of hedge funds' high fees and low transparency and liquidity.
Sept 25- Hedge fund ValueAct Capital said on Thursday it would return to the board of directors of Valeant Pharmaceuticals International Inc, which is pursuing a hostile takeover offer for Allergan Inc, and that it planned to increase its stake in the company.
Donald Lindsey, George Washington University, shares insight into the reasons California's enormous state pension plan eliminated its hedge fund investing program.
China plans to open its markets to foreign investors who have been largely shut out. The New York Times reports.
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Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Relational Investors will be winding down its operations and dissolving its $6 billion portfolio by the end of the year.
A hedge fund is hoping to make a big splash with a presentation on the "biggest stock promotion ... since Sino-Forest"