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Big hedge fund feasts on Lehman, Greek bonds

Gold Dollar

One of the largest hedge fund firms in the world continues to make money quietly by focusing on beat up loans-despite the general perception that bonds have little to offer investors.

Microsoft's challenges in PS4 vs Xbox One battle

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Sony PlayStation 4 sales surpassed the 7 million mark earlier this month according to the console maker, and Microsoft, its biggest rival, has some work to do if it wants to stay competitive for gamers.

High-frequency trading firm Virtu postpones IPO

Michael Lewis - Flash Boys

High-frequency trading firm Virtu on Thursday postponed its planned initial public offering, a source tells CNBC. The move comes amid increased scrutiny over the trading practice and a broadly soft IPO market.

Hedge funds suffer worst start to year since 2008

Receading Hedge

Hedge funds have suffered their worst start to the year in performance terms since the financial crisis, as returns in March and January were both in the red after a volatile quarter for equities, new data reveal.

Carlyle's Africa fund is getting huge interest

Pot Of Gold

Here's further proof that serious international investors are warming to Africa: The Carlyle Group announced Wednesday that it had raised $698 million for its dedicated continental fund, nearly $200 million above its initial target..

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Receading Hedge

Hedge funds suffer worst start to year since 2008

Hedge funds have suffered their worst start to the year in performance terms since the financial crisis, as returns in March and January were both in the red after a volatile quarter for equities, new data reveal.

Pot Of Gold

Carlyle's Africa fund is getting huge interest

Here's further proof that serious international investors are warming to Africa: The Carlyle Group announced Wednesday that it had raised $698 million for its dedicated continental fund, nearly $200 million above its initial target..

Underground Sign

Hedge fund manager dodges subway fare - for 5 years!

A high-flying City of London executive managed to dodge paying the full fare on his daily commute into London for five years - and took only three days to pay back the £43,000 ($72,000) he owed when he finally got caught.

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Sony Logo

Microsoft's challenges in PS4 vs Xbox One battle

Sony PlayStation 4 sales surpassed the 7 million mark earlier this month according to the console maker, and Microsoft, its biggest rival, has some work to do if it wants to stay competitive for gamers.