John Paulson, the billionaire hedge fund manager, is reported to have pared losses in August after a difficult year for his strategy.
Christopher Rokos, co-founder of hedge fund giant Brevan Howard, is leaving the company.
Billionaire investors George Soros and John Paulson have upped their stakes in the largest exchange-traded fund backed by gold as the commodity posted the largest quarterly drop since 2008.
Thames River is set to close Ken Kinsey-Quick's £54m Multi Hedge fund, returning the cash to shareholders next month.
Man Group was the biggest winner in early trading in London, with its shares up 10.2% to 76.20p.
After years of being the black sheep of the asset management industry, appetite for hedge funds may be returning according to Momentum Global Investment Management.
A fine wine hedge fund pitched on BBC programme The Apprentice has been rejected by Lord Alan Sugar for being 'too risky'.
The Serious Fraud Office (SFO) is being asked to explain why it dropped a fraud investigation against a hedge fund manager who was later fined £3m by the Financial Services Authority (FSA) for deceiving clients.
The Financial Services Authority has fined hedge fund boss Alberto Micalizzi £3m and banned him from performing any role in regulated financial services, after he lied to investors in his now defunct fund.