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  • BOSTON, Aug 4- Investment manager Och-Ziff Capital Management Group LLC on Tuesday reported a slightly higher second-quarter profit that beat analysts' forecasts as it earned more in management fees on portfolios that invest around the world. The New York- based firm, one of a handful of publicly traded hedge fund companies, said distributable earnings, which...

  • BOSTON, July 31- Hedge fund mogul David Einhorn's Greenlight Capital slumped 6.1 percent in July and is now down 9 percent for the year after gold, one of the fund's top holdings, tumbled to five-year lows last week. A 23 percent drop in Micron Technology Inc, another one of Greenlight's top long positions, also hurt as did a 4 percent drop in Apple Inc's stock price,...

  • "We are going to be swimming in even more oil with the way OPEC is pumping," he added. OPEC, the Organization of the Petroleum Exporting Countries, groups Saudi Arabia and some of the biggest oil producers within and outside the Middle East. U.S. government data early this month showed OPEC production at a surplus of 1.77 million bpd, and forecast it to grow to 2.1...

  • Paulson, in his first public comments since the recent price crash, said his firm, Paulson& Co. Inc., has retained a 10 million share stake, now worth about $1 billion, in SPDR Gold Trust, which tracks the price of gold. While Paulson's hedge fund was the single largest investor in the SPDR Gold Trust at the end of the first quarter, the position, now worth about $1.05...

  • LONDON, July 31- New Bank of England policymaker Gertjan Vlieghe said on Friday that he would sever all links with his previous employer, one of the world's biggest hedge funds, to avoid "any mistaken impression" of a conflict of interest. Vlieghe had wanted to stay part of a long-term incentive plan at Brevan Howard, where he was a partner, after he joins the BoE's...

  • LONDON, July 31- New Bank of England policymaker Gertjan Vlieghe said on Friday that he would sever all financial links with his previous employer, hedge fund Brevan Howard, to avoid any accusations of a conflict of interest. Britain's finance ministry said this did not pose a conflict of interest. "As of August 31st I will have severed all financial and other ties...

  • Hedge fund Elliott eyes fresh market turbulence Thursday, 30 Jul 2015 | 8:15 PM ET

    BOSTON/ NEW YORK, July 30- Paul Singer's $27 billion hedge fund Elliott Associates is worried about Europe's prospects and is bracing for fresh market turbulence. In a letter to investors dated July 23 and seen by Reuters on Thursday, the New York- based firm told clients that it has returned 2.8 percent in its Elliott Associates, L.P. and 2.2 percent in its Elliott...

  • Protestors target hedge fund holding Puerto Rico debt Thursday, 30 Jul 2015 | 4:54 PM ET

    NEW YORK, July 30- Protestors carrying a vulture puppet and chanting in Spanish marched outside the Park Avenue offices of a major holder of Puerto Rico's debt on Thursday to protest proposed austerity measures. The approximately 45 protestors from Hispanic community organizations slammed BlueMountain Capital Management, which holds Puerto Rico...

  • LONDON, July 30- New Bank of England rate-setter Gertjan Vlieghe should reassure parliament that his ongoing financial link to one of the world's biggest hedge funds does not pose a conflict of interest, a senior legislator said on Thursday. Vlieghe will give up his partnership at Brevan Howard Asset Management, whose traders bet on interest rate moves, before...

  • The gift to Success Academy marks the 59- year old hedge fund manager's second multi-million dollar pledge to a school in two months, following a record $400 million donation to Harvard University in early June. Some of the money will be used in part to open two new middle schools next month, raising the total of schools run by the network to 34, Success Academy...

  • HEDGE FUND MANAGER JOHN PAULSON DONATES $8.5 MILLION TO NEW YORK CITY CHARTER SCHOOL NETWORK.

  • LONDON, July 30- Hedge funds from Guernsey, Jersey and Switzerland should be allowed to serve investors across the 28 country European Union, the bloc's securities watchdog said on Thursday. The European Securities and Markets Authority also said it has not yet reached a view on whether hedge funds and other alternative investment funds from the United States...

  • NEW YORK, July 29- Celgene Corp, one of the world's largest biotechnology companies, has accused U.S. hedge fund manager Kyle Bass of attempting to profit from his attempts to wipe out several major drug patents through his Coalition for Affordable Drugs. Patent and Trademark Office on Tuesday to sanction Bass and others behind the group by throwing out its...

  • *Vlieghe to retain interest in Brevan Howard hedge fund. LONDON, July 29- New Bank of England policymaker Gertjan Vlieghe will retain a financial interest in one of the world's biggest hedge fund firms while he sets interest rates, an arrangement that Britain's finance ministry said posed no conflict of interest. Some economists privately expressed surprise...

  • *Vlieghe to retain interest in Brevan Howard hedge fund. LONDON, July 29- New Bank of England policymaker Gertjan Vlieghe will retain a financial interest in one of the world's biggest hedge fund firms while he sets interest rates, an arrangement which Britain's finance ministry said posed no conflict of interest. Some economists privately expressed surprise...

  • LONDON, July 27- Hedge funds are more bearish about the outlook for U.S. oil prices than at any time for almost five years, according to data from the U.S. Commodity Futures Trading Commission. Hedge funds and other money managers had a net long position in WTI-linked futures and options equivalent to just 118 million barrels of oil on July 21, down from a recent high...

  • NEW YORK, July 22- A federal judge on Wednesday rejected hedge fund manager Doug Whitman's effort to throw out his insider trading conviction, and faulted the Whitman Capital LLC founder's "chutzpah" in suggesting that his conduct was not a crime. District Judge Jed Rakoff in Manhattan turned down Whitman's argument that his August 2012 conviction and two-year...

  • NEW YORK, July 22- John McCormick has been on a mission for the past five years: to bring hedge funds to the masses. Traditional hedge funds, those lightly regulated investment pools open exclusively to large institutions and rich individuals, have been duds lately, trailing the U.S. stock market's performance every year since 2009 by an average of 10 percentage...

  • LONDON, July 20- Hedge funds and other money managers have rarely been so bearish about the outlook for oil prices, according to the latest positioning data from the U.S. Commodity Futures Trading Commission. Hedge funds boosted short positions in futures and options linked to the price of U.S. crude to 138 million barrels by July 14, from 84 million four weeks...

  • Will Asia disrupt energy financing? Sunday, 19 Jul 2015 | 7:27 PM ET
    A man boats in the Jiaxing, Zhejiang province of China, which built its first solar power station above a 160,000-square-meter fishpond.

    Faced with a yawning energy deficit and a need to protect against climate change, Asia is looking at fresh ways to finance a shift toward renewables.