Hedge Funds and CTAs

Magnetar Capital will launch an event-driven hedge fund this year, seeking to tap into demand for one of the most sought-after strategies this year.

Citadel Investment Group has lost yet another top executive, although this time it’s not from the hedge fund giant’s investment banking unit.

Paulson’s Credit Opportunities Fund took the top spot in the annual Barron’s Top 100 Hedge Funds list.

The U.S. is still home to more than seven out of 10 single-manager hedge funds, with 70.11% of funds based in the country last year.

Mutual fund house Nuveen Investments is bringing a distressed debt hedge fund’s eye to retail investors.

It’s not going to make Angela Merkel happy, but a Singaporean hedge fund has launched a vehicle that seeks to profit from the euro’s pain.

In the nine days since the Man Group announced its plan to buy GLG Partners, only one shareholder lawsuit has been filed seeking to block the deal. But there could soon be a whole lot more.

New York-based Golden Archer Investments has recently launched a pair of volatility arbitrage funds to bet on swings in the market. In February, the firm unveiled the Golden Archer VAF Fund and followed it up last month with the launch of the Golden Archer LBF Fund.

“We use the same pricing model that we use in the arbitrage fund to find underpriced hedges for our long portfolio,” David Rucker, portfolio manager, told FINalternatives.

Traders continue to flee James Caird Asset Management apace.

Faced with the threat of an involuntary bankruptcy petition by its hedge fund creditors, the Texas Rangers baseball team has preempted it—by filing for bankruptcy protection itself.