The country's Ministry of Commerce is becoming a key player in global mergers and acquisitions as increasing activity brings more deals within its remit, such as Glencore's takeover of miner Xstrata and advertising group Dentsu's purchase of Aegis.
March 9- German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles. Absolute Capital, based in the Cayman Islands, managed nine hedge funds from 2004 to September 2007.
FRANKFURT, March 6- Porsche Automobil Holding SE said 12 hedge funds have decided to drop out of a U.S. lawsuit accusing the German automaker of causing them losses by fraudulently cornering the market for Volkswagen AG shares.
LONDON/ ZURICH, March 6- The chief executive of one of Europe's most talked-about new hedge fund firms has stepped down in a bid to save costs after a big investor pulled its support, people familiar with the situation said.
LONDON, March 5- Hedge fund managers could be next in line after bankers to see further restrictions on their pay if European lawmakers follow through on promises to target the sector's lucrative payouts.
LONDON, March 5- Observing Brent in the first two months of 2013 has been a bit like watching a broken barometer. But between Jan 17 and Feb 8, front-month futures climbed steadily from $110 to more than $119 per barrel, before subsiding with the same steady consistency and ending up back where they started by the start of March.
LONDON, March 1- A prominent London hedge fund manager has failed in his attempt to shelter 19 million pounds of profits from taxes through the use of an avoidance scheme, the UK tax authority said on Friday, as it steps up a government-backed crackdown on such schemes.
NEW YORK, Feb 28- BlueMountain Capital, a hedge fund involved in JPMorgan Chase& Co.' s $6.2 billion trading loss last year, tried to recruit several employees in the bank's chief investment office in the months before the losses, according to two people familiar with the matter.
WASHINGTON, Feb 26- Three senior executives of New Stream Capital, a Connecticut hedge fund, were arrested and charged on Tuesday for allegedly lying about the fund's structure and financial condition in 2008 before it failed.
NEW YORK, Feb 21- A long-awaited showdown in a U.S. appeals court next week pits Argentina against a group of investors who refused to swap their debt after the country's historic 2002 default.
NEW YORK, Feb 21- American International Group has replaced Apple Inc as the hedge fund industry's favorite stock, according to a Goldman Sachs Group analysis of fourth-quarter regulatory filings.