News

Billionaire George Soros, who personally plans to invest $1 billion in clean technology, says the IMF should provide $100 billion to assist those countries most affected by climate change.

The Chinese amorphous silicon solar panel maker Trony Solar has postponed its IPO. The company had planned to go public last week.

How’s this for a doomsday scenario? One law firm is warning of a Europe without hedge funds if proposed European Union-wide regulations are adopted.

The prospect may be appealing to the leaders of Germany and France, who have pushed for strict rules governing hedge funds and private equity firms.

Hedge fund manager James Nicholson has pleaded guilty to charges that he ran a $133 million Ponzi scheme.

Odey Asset Management founder Crispin Odey went all-in betting against British banks last year. That paid off handsomely, and now he will be paid off handsomely.

Of all the KL Group fraudsters, Won Sok Lee waited the longest to face justice, going on the run for two years.

The Lyxor Global Hedge Fund Index jumped 1.1% last month as hedge funds profited from volatile markets during the month.

Maryland-based renewable fuels provider New Generation Biofuels Holdings, Inc. has entered into definitive subscription agreements with investors for the sale of 1,926,250 shares of its common stock and warrants to purchase 577,875 shares of its common stock.

Europe’s third larges hedge fund firm BlueCrest Capital Management has raised £101 million ($164.5 million) through a new share issuance for its BlueCrest AllBlue fund.

By Market Folly -- From Bank of America Merrill Lynch comes investment strategy in the form of '10 themes for 2010.' Keep in mind that these represent their opinion so take everything with a grain of salt.