Goldman Sachs Group Inc has tightened rules on investments its bankers can make in individual stocks and bonds, a company spokesman said on Friday.
A new investigation of industry assets by Absolute Return reveals that, once again, the largest funds are controlling more assets than ever.
The decision by the California Public Employees' Retirement System to leave hedge funds was not meant to send a message about that particular sector, the pension fund's new chief investment officer told CNBC on Wednesday.
Labour leaders plans to end intermediary tax relief could hurt pension funds and other investors, sources warn.
A hedge fund manager is the latest to embark on one of the most ancient of human quests: immortality.
The California Public Employees' Retirement System is ditching its hedge fund program to reduce costs and complexity in its investment portfolio, it announced in a press release.
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.