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Canadian Hedge Funds Up 22% After October Rise

As they have done for much of the year, Canadian hedge funds topped the broader markets, and their peers from around the world, in October.


Armajaro Asset Management Beefs Up Marketing Team

Armajaro Asset Management has appointed Roxanne Sargent as co-head of sales and marketing.


Paulson Plans Gold-Only Hedge Fund

Paulson & Co. poured billions into gold-related investments this year. Next year, he’s taking his newfound love of the precious metal to a whole new level.

The New York-based hedge fund will launch a dedicated gold hedge fund on Jan. 1. Firm founder John Paulson announced the new fund at a meeting with investors yesterday.


Hermitage Lawyer Dies In Russian Prison

A lawyer for hedge fund Hermitage Capital has died in a Russian jail more than a year after his arrest.


Nomos’ Lowe Denies Hitman Allegation, Admits Calling Ex-Employee ‘Dumb Blonde’

Taking the stand in his own defense, Nomos Capital founder Mark Lowe admitted making frequent off-color jokes but denied that he hired escorts—or a hitman to kill the former employee suing him.


Hinde Gold Fund Shines On Bullion Bet

For one gold hedge fund, indirect bets on the precious metal weren't good enough. It wanted the real thing. And it’s paying off.


Aladdin Buys Solent Credit Hedge Fund, CDO Business

Aladdin Capital Holdings has acquired Solent Capital Partners’ collateralized debt obligations business, including its credit hedge fund.


Soros Bets On Ford, AT&T, Wal-Mart, Home Improvement

Soros Fund Management bought $53 million in Ford Motor Co. shares during the third quarter, sending the battered automaker’s stock to a two-year high.


Bracewell & Giuliani Adds Hedge Fund Expert

Law firm Bracewell & Giuliani announced today that Cheri Hoff has joined its corporate and securities group as a partner in the New York office.


Ex-RenTech Manager Founds Quant. Hedge Fund

Former Renaissance Technologies executive Robert Frey has founded a hedge fund firm of his own, raising more than $300 million.