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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.

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.

Hedge fund manager dodges subway fare - for 5 years!

Underground Sign

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.

SAC judge makes historic insider trading statement

Gavel

Five months after its initial terms were set, a historic criminal settlement between the former hedge fund SAC Capital and the Justice Department was approved by a U.S. district judge in a lower Manhattan court Thursday.

Hedge fund to return $2bn amid volatility

Hedge Fund

Hedge fund Coatue Management plans to return more than $2 billion in capital to investors in its flagship fund on June 30 after extreme volatility in technology stocks led to a 9 percent loss in March.

This hedge fund outperformed macro peers

Hedge Fund

Bridgewater Associates, the largest hedge fund firm in the world, has posted modest, positive returns this year as others that bet on macroeconomic trends have faltered.

Hedge fund managers post Q1 losses

Hedge Fund

Paul Tudor Jones, Michael Novogratz and Louis Bacon, hedge-fund managers that profited last year from bets on macroeconomic trends, posted losses in the first quarter as some of those trades turned against them.

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