Hedge Funds
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Toscafund bullish on UK economy and stock market
LONDON - A booming population, fuelled by immigration, will help Britain's economy to grow more strongly than Germany's later this decade and could drive its stock market much higher, according to one of the UK's biggest equity hedge funds.
Hedge fund billionaire Loeb says Sony reminds him of Yahoo
TOKYO - Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year.
U.S. Feds sideline billionaire Falcone from fund business
NEW YORK - One-time star money manager Philip Falcone will be barred from starting another hedge fund for two years as he winds down his existing fund and returns money to investors, under a preliminary deal with securities regulators to settle fraud and other charges that was made public on Thursday.
Hedge fund manager Cooperman likes banking company Monitise
LAS VEGAS - Billionaire hedge fund manager Leon Cooperman listed some of his favorite stocks on Thursday and said the biggest winner of all might be mobile banking company Monitise.
Einhorn's advice to investors: don't take my advice
NEW YORK - David Einhorn, one of the most closely followed managers in the $2 trillion hedge fund industry, had some blunt advice on Wednesday for his fellow investors: Do your own homework.
Hedge funds in search of distress take a look at Detroit
- In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as "vultures."
Hedge fund chief Paulson loses big on gold
NEW YORK - Hedge fund billionaire John Paulson is emerging as one of the biggest losers in this year's gold rout, further tarnishing his once legendary status in the $2 trillion hedge fund industry.
Hedge fund trial to raise pressure on UK fraud prosecutor
LONDON - Britain's top fraud prosecutor is likely to face serious criticism over its handling of an investigation into the $600 million collapse of one of London's oldest hedge funds, a judge said on Tuesday.
Einhorn adds to Apple stake, awaits "blockbuster product"
NEW YORK - David Einhorn's Greenlight Capital has added to its investment position in Apple and is waiting for the company's "next blockbuster product," Einhorn said on Tuesday.
Cantab closes hedge fund as EU rules curb commodity investing
LONDON - Cantab Capital Partners is to close a retail investor-friendly version of its flagship hedge fund because of new European guidelines regulating investment in commodities, underlining the growing difficulty firms face in trading metals, grains and oil.
Aditi Technologies acquires cloud consulting startup Get Cloud Ready
Aditi Technologies, a Bangalore-headquartered cloud company which provides Platform-as-a-Service (PaaS) solutions, has acquired Hyderabad-based cloud consulting startup Get Cloud Ready for an undisclosed amount.
Sensex falls nearly 350 points; Nifty below 6000
Reuters Market Eye - The BSE Sensex falls 1.7 percent and the broader Nifty is down 1.9 percent, heading towards their fourth consecutive session of declines.
- Sensex falls nearly 350 points; Nifty below 6000
- Rupee weakens below 56 to over 8-1/2 month low
- Ranbaxy shares slump after Daiichi Sankyo says misled
- Oracle surges; strong share sale squeezes short sellers
- Samsung says Galaxy S4 sales hit 10 million
- Asian markets sell off on Bernanke remarks, China PMI
- China factory activity shrinks for first time in seven months - flash PMI
- Bernanke says more progress needed before stimulus pullback
- China's Lenovo buys and diversifies to outshine PC rivals
- Half of investments in emerging markets go via tax havens - study
India Indices
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