Hedge Funds and CTAs

Hedge funds ended the first half with their sixth-straight monthly inflow. But the second half may be shaping up quite differently.

Hedge funds broke a two-month losing streak last month, but July was the first time in more than a year that investors pulled more money from the industry than they added.

Brevan Howard Asset Management was among the few winners during last week’s market rout.

Harbinger Capital Management’s ambitious plan to build a nationwide satellite broadband network will only be permitted to move forward if it can find a way to avoid interfering with global positioning systems, federal regulators said yesterday.

The Man Group’s three top executives have taken advantage of hedge fund’s plummeting stock price to boost their own stakes in the firm.

July was something of a schizophrenic month for hedge funds, with long/short equity and market neutral funds broadly losing and directional traders and special situations funds broadly gaining, according to new data from Greenwich Alternative Investments.

"I've taken some risk off, and I hate to do it," Biggs said of Traxis Partners' portfolio.

Citadel Investment Group and E*Trade Financial have reached something of a ceasefire.

Harbinger Capital Partners' wireless broadband venture has struck another deal, despite continuing questions about the project's viability.

Things have gone from bad to worse for Paulson & Co.

The New York-based hedge fund giant’s largest hedge fund, already down 22% through the end of July, has lost about half as much again since the beginning of this month. Both the Advantage Plus and Advantage funds are down between 10% and 11% in August.