hedge funds

Outsourcing group Quindell has initiated legal action after an attack by a short-seller sent its share price tumbling 39%.

Hedge funds

Majedie Asset Management has shut its Tortoise equity long/short fund to existing investors after the vehicle reached its capacity limit, Investment Week can reveal.

Alliance Trust may be faced with more hostile corporate action after a US hedge fund declared a 10% stake.

GLG has soft-closed its Market Neutral fund managed by Steve Roth after inflows took the strategy beyond $1bn (£610m) in size.

Activist hedge fund the Children's Investment Fund (TCI) is the largest private shareholder in newly listed Royal Mail, a regulatory filing has revealed.

Alternative investment boutique Man Group has seen net inflows of $700m in Q3 as positive performance from GLG offset problems with its flagship strategy.

Five colleagues of the hedge fund fraudster Bernard Madoff are awaiting trial on Tuesday, following a five-year probe into one of the biggest Ponzi schemes in history.

Hedge fund manager John Paulson is backing a turnaround in the Greek economy by taking positions in some of the country's largest banks.

Schroders has joined forces with Avoca Capital Management to launch a credit long/short strategy on GAIA, its alternative UCITS platform.