Rumors of HedgeWorld's death have been greatly exaggerated, according to a spokesman for Thomson Reuters, publisher of the hedge fund news source.

"We are going to continue to offer the product in its current format," said the spokesman, adding that the only thing that is being discontinued is a free monthly PDF that recaps previously published stories. "We will continue to publish news, information, reports and the database, and have conferences."

News of HedgeWorld's demise was first reported in The New York Post. But while Thomson Reuters is declaring the Post story false, the HedgeWorld reporters who received pink slips and are set to clear out their desks on Aug. 15 are standing by their claims that the publication is being wound down.

"I know they are planning on keeping the database, but I think that's it," a source told FINalternatives.

The Post reports that the HedgeWorld staff, including its reporters, are being let go and that the publication will cease to exist.

The Thompson Reuters spokesman declined to comment on personnel moves.

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