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CORRECTED – Swiss hedge fund Arsago changes tack after exodus
Reuters
By Martin de Sa'Pinto ZURICH, Sept 15 (Reuters) – Embattled Swiss-based hedge funds manager Arsago Capital Management has set its sights on investment in

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Source: Hedge Fund – Google News

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Global pension funds focus on risk after crisis: Survey
Daily News & Analysis
But state pension funds such as those in California and Utah have loaded up on hedge-fund holdings in recent years as a way to reduce the risk they faced

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Source: Hedge Fund – Google News

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Cole Leaves BlueMountain After Serving as Hedge Fund's Co-Head of Trading
Bloomberg
Cole, 40, helped guide the hedge fund through the changing landscape of privately traded over-the-counter derivatives, which are being transformed into a

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Source: Hedge Fund – Google News

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BNY Mellon’s China Venture to Double Staff by 2011 After Securing License BNY Mellon Western Fund Management Co., a Chinese joint venture of the world’s largest custody bank , plans to nearly double staff by 2011 after receiving approval to start doing business in China. Read more on Bloomberg

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Narula's Hedge Fund Sees Risk in Mortgage Bonds After Recording 28% Gain
Bloomberg
Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader

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Source: Hedge Fund – Google News

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Biggs Says He’s 75% Net Long on Stocks After Becoming Optimistic Barton Biggs, the hedge fund manager who said earlier this month that he slashed his equity holdings in half, says he is now 75 percent net long on stocks. Read more on BusinessWeek

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Hedge Fund Closures Continue, What Strategies Will Succeed? – Analysis and Discussion with IGS Group CEO John Godden

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New York Magazine
Energy Hedge Funds Close After Investor Withdrawals
BusinessWeek
July 2 (Bloomberg) — Energy hedge funds in Europe are collapsing after investor withdrawals forced managers to scale back bets amid
Hedge Fund Leaders Debate New York Tax ProposalWall Street Journal
Some NY hedge fund execs may escape new taxReuters
Wall Street Roundup: A raft of bad data. Hedge funds on the move.Los Angeles Times (blog)
New York Times (blog) -eFinancialCareers UK -Danbury News Times
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Source: Hedge Fund – Google News

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The SEC charged powerful investment bank Goldman Sachs with defrauding investors in the runup to the subprime mortgage crisis. Jim Lehrer talks to a Washington Post reporter about charges that the company failed to disclose it was using a large hedge fund to bet against the securities it was marketing.

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Ex-AKO Trader Must Pay $421,000 After Guilty Plea (Update2) A former trader at AKO Capital LLP, a London hedge fund, must pay about 287,000 pounds ($421,000) in fines and restitution after being the first person to plead guilty to U.K. insider-trading charges. Read more on BusinessWeek

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