As they have done for much of the year, Canadian hedge funds topped the broader markets, and their peers from around the world, in October.

Armajaro Asset Management has appointed Roxanne Sargent as co-head of sales and marketing.

Paulson & Co. poured billions into gold-related investments this year. Next year, he’s taking his newfound love of the precious metal to a whole new level.

The New York-based hedge fund will launch a dedicated gold hedge fund on Jan. 1. Firm founder John Paulson announced the new fund at a meeting with investors yesterday.

A lawyer for hedge fund Hermitage Capital has died in a Russian jail more than a year after his arrest.

Taking the stand in his own defense, Nomos Capital founder Mark Lowe admitted making frequent off-color jokes but denied that he hired escorts—or a hitman to kill the former employee suing him.

For one gold hedge fund, indirect bets on the precious metal weren't good enough. It wanted the real thing. And it’s paying off.

Aladdin Capital Holdings has acquired Solent Capital Partners’ collateralized debt obligations business, including its credit hedge fund.

Soros Fund Management bought $53 million in Ford Motor Co. shares during the third quarter, sending the battered automaker’s stock to a two-year high.

Law firm Bracewell & Giuliani announced today that Cheri Hoff has joined its corporate and securities group as a partner in the New York office.

Former Renaissance Technologies executive Robert Frey has founded a hedge fund firm of his own, raising more than $300 million.

Hedge fund Paloma Partners has sold its securities-lending business to the Bank of Montréal, the two firms said.

New York-based Alternative Investment Management has appointed Susan Potok Harrison as director of investor relations.

Jeffrey RathgeberBy Jeffrey Rathgeber -- In our travels we've come across this belief a few times, although much more so recently: "It's very hard for a diligence team to get to first base when it comes to examining a hedge fund manager for possible insider trading."

SAC Capital Advisors has slashed its stake in Bank of America even as it ramped up its stock holdings, the Stamford, Conn.-based hedge fund giant said in a regulatory filing.

The former head of Citigroup’s hedge fund unit has been named head of GMAC Financial Services.

The founder of Dynamic Decisions Capital Management, which is facing a fraud probe in Britain, has denied any wrongdoing and said that investors in its hedge funds will likely receive all of their money back.

Alberto Micalizzi (pictured right), an Italian finance professor, said that “any speculation of fraudulent activity is totally unfounded and results from misunderstanding and lack of knowledge of the specifics of our case.”

A New York-based hedge fund has settled charges that it misled the Chicago Board of Trade, the U.S. Commodity Futures Trading Commission said.

Insider-trading may be widespread in the hedge fund industry, the head of enforcement for the Securities and Exchange Commission said.

Ralph Cioffi and Matthew Tannin, the former Bear Stearns hedge fund managers acquitted of fraud charges last week, aren’t out of the legal woods just yet.

For the first time since February, hedge funds had a losing month, according to BarclayHedge.