News

With the explosive growth of the UCITS III-compliant hedge fund market, it’s not surprise that every day seems to bring a new fund of UCITS hedge funds.

Charles Schwab Corp.’s top alternative investments executive is leaving the firm to found a hedge-fund-like mutual fund.

Fund of hedge fund firm International Asset Management has appointed Nan Mead as vice president of client development.

The final May numbers for are in for the Credit Suisse/Tremont Hedge Fund Index, and it ain't pretty.

The Securities and Exchange Commission has closed a two-year-old probe into Third Point, the hedge fund told its clients.

Edoma Capital, the hedge fund founded by former Goldman Sachs proprietary trading chief Pierre-Henri Flamand, has nabbed another top name.

Bay Area hedge fund shop Tamalpais Asset Management is readying a market-neutral credit default swaps fund for launch in the fall.

The chief economist at PQSR Capital, the hedge fund helmed by former Paulson & Co. portfolio manager Paolo Pellegrini, is leaving the firm after just over a year on the job.

Despite May’s woes, HSBC Private Bank couldn’t be more optimistic about hedge funds.

Commodity hedge fund Clive Capital suffered its biggest loss in almost two years in May, wiping out its year-to-date gains.