Hedge Funds

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• Cayman-Registered Hedge Funds Exceed 10,000 Monday, 28 Jul 2008 | 2:36 PM ET

  

  The number of hedge funds registered in the Cayman Islands exceeded 10,000 in June for the first time, another indication that the hedge fund industry continues to grow despite market turmoil, Cayman authorities said Monday.

• CSX CEO Tells Latest on Proxy Battle Wednesday, 16 Jul 2008 | 7:09 PM ET

  Activist hedge funds just won four seats on the board. What's that mean for Michael Ward and his company?

• Ackman: A Plan to Save Fannie & Freddie Tuesday, 15 Jul 2008 | 10:30 AM ET

  Hedge fund manager William Ackman said Tuesday mortgage companies Fannie Mae and Freddie Mac are not as well capitalized as their executives say they are.

• Federated Investors Snaps Up Prudent Bear Funds Tuesday, 15 Jul 2008 | 9:41 AM ET

  Money manager Federated Investors said it is buying prominent fund manager David Tice's Prudent Bear Funds, which specialize in making money on falling stocks.

• SEC Subpoenas Over 50 Hedge-Fund Advisers: WSJ Tuesday, 15 Jul 2008 | 6:36 AM ET

  The U.S. Securities and Exchange Commission (SEC) has sent subpoenas to more than 50 hedge-fund advisers as it investigates whether individuals spread false rumors to manipulate shares in two Wall Street firms, The Wall Street Journal said, citing a person familiar with the matter.

• Alcoa Profit, Sales Top Forecasts; Shares Jump Tuesday, 8 Jul 2008 | 5:39 PM ET

  

  Alcoa shares hopped about 4 percent in extended trading Tuesday as the company turned in a profit and sales that were lower than last year but still managed to beat expectations.

• Hedge Fund Swindler Tells Judge He Tried Suicide Thursday, 3 Jul 2008 | 4:27 PM ET

  Hedge fund swindler Samuel Israel III faced a fresh charge of bail jumping Thursday and was ordered to jail immediately, one day after his mother convinced him end a high-profile run from justice.

• Judge Orders Hedge Fund Fugitive Back to New York Wednesday, 2 Jul 2008 | 5:12 PM ET

  

  A federal judge ordered former hedge fund manager Samuel Israel III back to New York to face new charges after he surrendered to authorities on Wednesday, ending a nationwide manhunt triggered after he faked his own death to avoid a 20-year prison sentence.

• Update: Cops Nab Fugitive Hedge Fund Manager Wednesday, 2 Jul 2008 | 3:36 PM ET

  

  A hedge fund swindler who set off a national manhunt when he faked his suicide to avoid reporting to prison surrendered Wednesday to small-town police in Massachusetts after three weeks in which authorities suspected he was hiding out in RV parks and highway rest areas. Authorities say his own mother helped broker the surrender.

• CSX Meeting Drags On And On As Vote Results "Too Close To Call" Thursday, 26 Jun 2008 | 12:14 PM ET

  

  CSX pulled a fast one by moving slowly at its annual meeting. The nation's third largest freight railroad dragging it out for more than four hours on Wednesday. Four hours that included a long-winded presentation about the company's recovery efforts post-Katrina...

• CSX to Give Results of Dissident Director Vote in July Wednesday, 25 Jun 2008 | 5:31 PM ET

  U.S. railroad CSX said results of a Wednesday shareholder vote on a slate of five dissident directors will be announced in July as two activist funds claimed they won at least two seats and cried foul over how the company conducted the balloting.

• Gold Price Likely to Rise Again: Stocks Analyst Wednesday, 25 Jun 2008 | 8:53 AM ET

  The current dip in gold prices is temporary and demand for the precious metal is likely to rise in the medium term, Ronald-Peter Stoferle, international equities analyst at Erste Bank, wrote in a market note Wednesday.

• Lone Star Cleared in Korea Stock Price Manipulation Case Tuesday, 24 Jun 2008 | 4:02 AM ET

  A South Korean high court on Tuesday cleared U.S. private equity house Lone Star of manipulating the stock price of a former credit card unit of Korea Exchange Bank, rejecting an earlier ruling.

• Hunt Goes On for Fund Swindler Who Faked Suicide Friday, 20 Jun 2008 | 7:25 AM ET

  

  The girlfriend of a missing hedge fund swindler was arrested Thursday and charged with helping him elude his sentence on the day he was supposed to begin serving 20 years in prison.

• Fugitive Hedge Fund Manager's Girlfriend Arrested Thursday, 19 Jun 2008 | 6:32 PM ET

  

  U.S. authorities said Thursday they have arrested a woman who helped missing hedge fund manager Samuel Israel III stage his suicide in order to avoid serving a 20-year prison sentence for fraud.

• Hedge Funds Grabbing More Investment Bankers Thursday, 19 Jun 2008 | 12:40 PM ET

  

  The hedge fund industry is set to attract bankers and traders from an exodus of high-flyers leaving troubled investment banks in search of bigger bonuses and better job security.

• Credit Crisis Not Over: Hedge Fund Manager Paulson Wednesday, 18 Jun 2008 | 10:19 AM ET

  

  The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit.

• Goldman Close to Bailing Out $7 Billion SIV: Source Tuesday, 17 Jun 2008 | 10:25 AM ET

  Goldman Sachs has nearly completed a long-awaited rescue of a $7 billion structured investment vehicle, sources said, just as it adjusts to the credit crunch by laying off hundreds of bankers.

• Hedge Fund Managers Who Escaped US Police Monday, 16 Jun 2008 | 2:44 PM ET

  Authorities are hunting for former hedge fund manager Samuel Israel, who appears to have staged his death a week a ago. With no body, authorities were all but certain Israel had staged a hoax.

• Feds: Hedge Fund Swindler Didn't Jump Monday, 16 Jun 2008 | 2:44 PM ET

  

  Federal authorities have ruled out suicide in the disappearance of a missing hedge-fund swindler whose car was found on a New York bridge with the words "Suicide is Painless" written in the dust on the hood.