Winklevoss twins back hedge fund run by Harvard colleague.
The Eurekahedge Hedge Fund Index was up 0.99% in December, bringing yearly returns for 2013 to 8.02%.
Darden Restaurants, which owns Red Lobster, is bowing to pressure from a hedge fund to divest the chain of seafood restaurants, the New York Times reports.
Hedge funds have performed well for three straight months.
As the hedge fund industry matures, most managers are increasingly focused on growth, shows EY's annual survey of the global hedge fund market.
The Eurekahedge Hedge Fund Index was up 1.40% in October.
The top three rating agencies – S&P, Moody’s and Fitch – have been targeted in a lawsuit filed by the liquidators of two Bear Stearns hedge funds, Reuters reports.
Paul Tucker, the Bank of England’s deputy governor, is sounding the alarm over risks brewing in the opaque world of hedge funds and shadow banks, reports the Financial Times.
Hunting for alpha isn’t just about stock picking, say three portfolio managers.
Hedge funds were back in the black in September as global markets trended upwards during the month. The Eurekahedge Hedge Fund Index was up 1.05% while global stock indices outperformed as the MSCI World Index gained 3.87% in September. Read: Retail clients shouldn’t own hedge funds Key highlights include: Total assets in the hedge fund […]