Hedge Funds

Follow funds as they adjust their positions amid some of the biggest gains on equities markets since the peak of the financial crisis

Eclectica hedge fund bleeding assets

Investors pull out of Hendry fund despite relatively robust performance

Copycat managers cannot beat the market

Findings raise questions over investment skill

Lansdowne Partners creates chairman role

Stuart Roden to develop talent and promote research collaboration

Emmanuel Roman of Man Group
©Man Group

Man Group warns on ‘unpredictable’ markets

Manny Roman cautious despite consensus-beating performance

Hedge funds face worst year since 2011

Plunge in Treasury yields hits funds positioned for rising rates

Special reports

Traders on the NYSE floor ©Bloomberg

Since 2009 the industry has underperformed the market. But in 2012 a few winners have been found

illustration of a private bank by Øivind Hovland ©Øivind Hovland

Switzerland, strategies, competition, crisis fallout, technology, emerging markets, recruitment, consolidation

Shire deal threat flays hedge funds

Losses as AbbVie’s £32bn deal for Dublin group is left teetering

UK hedge fund founder denies $600m fraud

Magnus Peterson ‘robbed Peter to pay Paul’, claim prosecutors

Activist TCI sells Coal India stake

Children’s Investment Fund makes de facto admission of defeat

Do not shop for bargain bin hedge funds

Seeking cheaper rivals is not always the best way of dealing with high fees

Starboard clears out entire Darden board

Activist wins backing in quest to revive restaurant group

Dollar rise gives Brevan Howard a boost

Global macro hedge funds make strong gains in September

P2P lenders lured into treacherous seas

Hedge funds identify means of investing directly in debt markets

Private jets expensed with hedge fund fees

Some managers charge costs and expenses to funds they manage

Nauru wins case against US hedge fund

Firebird to appeal ruling that will unfreeze country’s bank accounts

Goldman fund takes stake in Caxton

Petershill buys nearly 10% of macro hedge fund manager

Hedge funds move from the margins into the mainstream

Assumptions about risk reduction need a rethink

BlueCrest spins off trend-following fund

Systematica Investments to take over $8.9bn of assets

P2P comes of age as Wall Street elbows in

Peer-to-peer lenders team up with bankers to slice and dice loans

Calpers’ exit sends hedge funds warning

Rules of engagement between public opinion and funds are shifting

UK corporate pensions back hedge funds

Sector is given a boost after investments fell out of favour in US

UK pension fund hits at hedge fund fees

Criticism comes after Calpers withdraws from sector

Calpers gives up on the hedge fund dream

A $300bn pension fund cannot make these investments pay

Former Amaranth star fined over gas trades

Large bets by trader once paid $100m helped bring down hedge fund

Calpers pulls out of ‘costly’ hedge funds

Largest US public pension fund turns back on sector it says is too complex

Ackman plans $2bn fund IPO in Amsterdam

Aim to give Pershing Square more flexibility

US companies move to limit activists

Hedge fund contests to replace boards has surged

Risk fear as activist hedge funds up $8bn

Data provider Eurekahedge concerned about performance prospects

Short sellers uncertain of Russian market

Fund managers adopt neutral position as EU sanctions continue

Paulson attacks AngloGold spin-off plan

Equity issue would dilute value for shareholders

Man Group

Man Group’s flagship funds stage recovery

UK listed hedge fund manager had recalibrated models

Arrowgrass develops disruptive technology

Hedge fund moves into electronic factoring service

Nixon, back from dead, helping NuSkin

JP Morgan’s ‘Richard M. Nixon’ signs off on debt covenant

Ditch the hokum on asset diversification

Investment professionals are working in the dark

Big Four step up services to hedge funds

Accountancy firms exploit opportunity created by tangle of rules

Co-op Bank slashes first-half losses

Lender loses 38,000 current account customers after near collapse

US hedge funds seek European success

So-called activist investors look for overseas opportunities

BlackRock sounds alarm over IPO quality

Call for reform after European post-listing falls

Hedge funds go short on PE-backed floats

Stock pickers seek to profit from floats that fall in value

Argentina crisis clouds Kirchner’s sunset

Default will hit the president’s legacy when she leaves officenext year

Emmanuel Roman, CEO of MAN Group
©MAN Group

Return to form at Man Group

Computer-driven trading strategies have made strong gains