hedge funds

Are You Better Off Under the Obama Administration?

President Obama has officially launched his reelection campaign and when it's time to vote again many may ask themselves whether they are better off than they were four years ago. A close look at the statistics reveals the clear winners and losers so far.

Madoff: Banks and Hedge Funds Were 'Complicit'

In a jailhouse interview with the New York Times, Madoff pointed to a failure by banks and hedge funds to investigate when his filings with the Securities and Exchange Commission didn't jibe with information that they could have obtained.

Paulson and Co. Clears $1 Billion on Citigroup Shares

Hedge fund manager John Paulson told Paulson & Co. clients that the company made more than $1 billion during the past 18 months on its investment in Citigroup, Bloomberg News reported, citing Paulson's letter to clients this month.

ITT Dismantles Its Empire, Ending the Age of Conglomerates

The 91-year old company was once the leading industrial conglomerate, the product of hundreds of leveraged buyouts in the 1960s and '70s. But its breakup is yet more proof that the conglomerate model makes little sense today. Why? Activist investors have a lot to do with it.

10 Best Stock Picks of the 10 Richest Hedge Funds

The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.

FBI Makes First Arrest in SEC Insider Trading Probe

On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC's crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud.

What's Reviving Investors' Hunger for Stocks

Far-sighted investors are starting to see that the broader economic picture: a robust global rebound in manufacturing and impressive corporate earnings. These strong fundamentals are finally overcoming risk aversion -- and could set the stage for an equity rally.

JPMorgan's Highbridge Capital Takes Stake in Brazil Hedge Fund

Highbridge Capital Management, which is owned by J.P. Morgan Asset Management (JPM), said it will buy a majority interest in Brazilian hedge fund Gavea Investimentos. Gavea has $6 billion under management and was founded by Arminio Fraga, former president of Brazil%u2019s central bank, Highbridge said in a statement. Fraga is currently the fund%u2019s chief investment officer.

Greece: A Lesson in Overblown Market 'Crises'

To hear the pundits tell it, Greece's debt woes and accompanying civil disturbances signaled the end of the euro, or worse. Yet, the country's rebound gets little attention. This pattern gets repeated over and over, much to investors' detriment.

Daily Blogwatch: Are Banks Lending Again?

Among Thursday's top online stories for investors: How Apple brought Verizon and AT&T to their knees; Will hedge funds assets triple over the next few years? And, are banks finally starting to lend?

Daily Blogwatch: This Week's Best iPhone Apps

Some of the best reads for investors from around the Web, including posts about the top iPhone apps (at least this week), the Standard & Poor's 500 index's climb, the argument for going short and why stocks may be in a bubble.

Daily Blogwatch: Are All Hedge Funds Scams?

Among Tuesday's top stories for investors: How do dividend-paying stocks stack up against non-dividend-paying stocks? Is Facebook making it easier for stalkers? Are all hedge funds scams?

George Soros to Donate $100 Million to Human Rights Watch

George Soros, billionaire investor and philanthropist, is donating $100 million to Human Rights Watch in his largest ever gift. Soros will announce the gift later today, The New York Times reported. It will be by far the largest gift that Human Rights Watch has ever received.

Hard Times Hit
the Hedge Fund Business

Is it really such awful work to be a billionaire hedge fund manager? After suffering unusual loses this year, two well-known fund managers, Stanley Druckenmiller of Duquesne Capital Management, and Paolo Pellegrini of PSQR, said last week that they were getting out of the business.

Big Investors Go for Gold and Bonds

The smart money has moved away from stocks. So is the era of stock investing over? It's too early to tell, but one thing is certain: "Money goes where it is treated best, and that hasn't been in stocks," says one expert.

Hedge-Fund Legend Druckenmiller Closing Up Shop

Hedge-fund manager Stanley Druckenmiller, who has never had a losing year in his three-decade career, says he's shutting his firm, Duquesne Capital Management. Druckenmiller said he's tired of the stress of managing clients' money.

The Gurus Predict Inflation ... and Deflation: Who's Right?

The smart money is placing its bets outside of the stock market, but it can't agree about the direction of those bets. Hedge funds are doubling down on inflation by buying gold. Institutions are buying corporate bonds -- a wager on deflation. Should you follow them? And if so, which way?

Daily Blogwatch: What Happens After Six Up Days in a Row?

Among today's top online stories for investors are include three stocks that are better buys than Apple, 52 ways to die in a cave, an examination of sports betting hedge funds, and more proof that nobody ever really remembers what the last recovery was like.

Will EU Limits on Banker Bonuses Reduce Risk?

Europe's parliament on Wednesday approved world's toughest limits on bankers' bonuses, a move likely to fuel demands for similar curbs in the United States. But are these measures enough to limit excessive risk-taking at too-big-to-fail financial institutions and avert another meltdown?

What's Inside the Financial Reform Bill

Senate and House negotiators reached agreement early Friday morning on the most sweeping overhaul of financial regulation since the Great Depression. It includes a version of the Volcker rule, creates a consumer financial protection watchdog, and limits derivatives trading.