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→  June 17, 2014

The U.S. Supreme Court surprised the financial world Monday by turning down Argentina’s request to hear the bankrupt South American nation’s case against its hedge fund creditors. Whereas many observers expected the Supreme Court to give Argentina more time by referring the case to the U.S. solicitor general for review, today’s ruling effectively put an […]

→  June 16, 2014

(This story originally appeared on IFRe, a Thomson Reuters publication) * Banks focus on core clients on regulatory squeeze * Positions get crowded as large players dominate * Risk capital provision increasingly rationed By Christopher Whittall LONDON, June 16 (IFR) – Capital-strapped banks’ laser-like focus on a shrinking pool of core clients is helping to […]

→  June 16, 2014

WASHINGTON (Reuters) – A hedge fund advisory firm agreed to pay $2.2 million on Monday to settle civil charges that it retaliated against an employee whistleblower who raised concerns about certain conflicted trades, U.S. regulators said. The Securities and Exchange Commission’s case against Albany-based Paradigm Capital Management and owner Candace King Weir marks the first […]

→  June 16, 2014

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday ruled that creditors can seek information about Argentina’s non-U.S. assets in a case about bank subpoenas that is part of the decade-long litigation over Argentina’s obligations to bond investors. The ruling, on a 7-1 vote, was a second win at the high court within minutes for […]

→  June 16, 2014

Rob Mawhinney wanted to be a rockstar. Instead he pleaded guilty to money laundering and fraud of $11 million. Article source: http://www.cnbc.com/id/101762819

→  June 15, 2014

LONDON/PARIS (Reuters) – Hedge fund bets against selected European stocks are making a comeback, as investors pick apart a multi-year stock rally and question the market’s scope to gain from the ECB’s campaign to prevent deflation. Short sellers – who borrow a security and sell it, betting they will be able to buy it back […]

→  June 15, 2014

By The Associated Press Posted Jun. 15, 2014 @ 8:00 am Article source: http://www.journalstandard.com/article/20140615/NEWS/140619514/10286/NEWS

→  June 15, 2014

Spice up your portfolio with hedge funds, if you can stomach the risk and have deep pockets to match Fed up with the same old investment options — mutual funds, stocks, real estate and fixed deposits — thrust at you ad nauseam? Well, if you have the stomach for taking risk and deep pockets to […]

→  June 15, 2014

Unfortunately, the word hedge fund has sinister connotations for most of us. It conjures up images of intrigue, conspiracy and fund managers snooping around for information to exploit. A series of high profile scams involving hedge funds has only reinforced this image further. It was the fund manager of Galleon Hedge Fund, Raj Rajaratnam, who […]

→  June 14, 2014

Almost since the day it acquired AIG (NYSE: AIG  ) , hedge fund Third Point, run by noted investor Daniel Loeb, has been selling off its massive stake in the company. And that only continued in the first quarter, as it slashed its total position in AIG — including its options — by almost 50%. Source: […]