News

Though it has caused him nothing but trouble in recent years, William Ackman isn’t giving up on Target Corp. In fact, the activist hedge fund manager is upping his bet on the retailer.

London-based hedge fund Endeavour is liquidating its flagship hedge fund and drastically reducing staff after a rescue plan fell through.

A former top Credit Suisse executive is preparing a Southeast Asian hedge fund for launch.

Hedge funds bucked their recent track record and a dismal January for stocks to post broadly positive returns last month, according to the Credit Suisse/Tremont Hedge Fund Index.

When it comes to betting on the financial crisis, it seems Paulson & Co. can do no wrong.

The Securities and Exchange Commission has charged a Texas financier and fund of hedge funds manager with defrauding investors of $8 billion.

BP Capital Management lost some 97% of its value in the fourth quarter as it sold off most of its holdings and met investor redemptions, according to a regulatory filing.

Accused hedge fund fraudster Arthur Nadel will be spending at least another week in jail after his bail hearing was delayed again.

David KurzmanBy David Kurzman -- Not all companies are affected negatively by the current financial morass. Many companies have staying power, or defensive qualities that allow them to survive through financially turbulent markets.

Things just went from bad to worse for the hedge funds accused of conspiring to drive down the stock price of Fairfax Financial Holdings.