Investors want more of activist hedge fund manager Dan Loeb , and they're putting up lots of cash to prove it.
Nine out of 10 hedge-fund managers are overpaid as management fees don’t reflect declining interest rates and fund returns, according to Unigestion Holding, which invests $2 billion in hedge funds.
A former hedge fund trader was sentenced to nine years in prison on Monday for his part in what prosecutors called “the most lucrative insider trading scheme ever”.
A new report on the hedge funds industry underscores just how big it is: $2.6 trillion in 11,000 funds.
Common Sense Investment Management has poached another Société Générale (Euronext Paris: GLE-FR) executive as it continues to rebuild after the arrest of its founder in a prostitution sting and the loss of most of its clients.
Bridget Firtle worked for a hedge fund on Long Island before leaving for a career in cocktails.
Hedge fund executives in London saw bonuses plummet last year, resulting in their pay packets being less than half of what they were 12 months ago.
Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.
A former associate dean from the Massachusetts Institute of Technology school and his son, a Harvard Business School graduate have been caught running a hedge fund scam, say authorities looking at Bernie Madoff’s Ponzi scheme.
Goldman Sachs is cutting off some hedge fund clients and even pulling cash from its own hedge funds as it looks to cope with tough new banking rules, according to a report.