Hedge-trimming
Investors do not lack for suspicions that some funds’ handsome profits were due to more than skill. But that does not indict hedge funds in general: it is a useful and legitimate industry
Hedge funds
Resources
Paulson starts gold fund amid record prices
Funds run by Paulson & Co, the large New York hedge fund manager, are seen to now have more than a tenth of its assets in gold as prices for the metal hit record highs
Hedge funds stars face big pay crackdown
Managers will be hit harder than bankers
Investors welcome revised EU fund rules
New proposals put forward by Sweden
Clive closes door on new investors
Raw materials regain allure
SFO probes $550m hedge fund manager
Investors suffer big losses in master fund
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Comment
Government’s response like that of a rowdy drinker in a bar brawl
Hedge funds should be supervised and regulated, as they already are in much of Europe. But it is unfair of the French and German governments to penalise these foreign ‘locusts’ for domestic failures
Insight: Hedge funds face mountain
Somewhere along the way, hedge funds lost sight of their original purpose, writes David Smith, investment director at GAM’s fund of funds
Level the global playing field for the horrid hedgies
The original spirit behind the European Union’s directive on alternative investment fund managers suggests Sebastian Faulks’ latest novel will sell a bundle in French and German translation
Hedge funds to quit UK
Some big managers are talking about forgoing European money entirely rather than play along with a draft Brussels directive
Leverage creeps back on to the radar
There are signs that the carnage in the credit world is beginning to produce benefits for nimble survivors such as CQS, writes Gillian Tett
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