hedge funds

Hedge fund billionaire Raj Rajaratnam has received the longest ever prision sentence for insider trading after he was jailed for 11 years in a landmark ruling in the US today.

Paulson & Co, the giant US hedge fund, has warned in a "worst case" scenario it could suffer redemptions equivalent to between a fifth and a quarter of its assets by the end of the year.

One of legendary hedge fund manager John Paulson's flagship portfolios is down almost 50% in 2011.

Berkshire Hathaway has strengthened its investment team by hiring a hedge fund manager who previously paid over $5m to dine with Warren Buffett.

Hedge fund manager John Paulson bought into News Corporation ahead of the phone hacking scandal during a quarter when he also slashed major bank stakes.

Hedge funds saw the majority of their gains for this year wiped out on Friday, losing over 1% of their value in just 24 hours.

RAB Capital has agreed terms over a proposed management buyout as the troubled hedge fund looks to delist from the AIM stock exchange.

Former Gartmore manager Guillaume Rambourg has hired Goldman Sachs' Karim Moussalem to work with him on his new hedge fund venture, according to Financial News.

Former GLG hedge fund manager Jason Mackay has joined digital agency Shout Digital.

Paulson fund loses $500m on Sino stake Veteran hedge fund investor John Paulson has lost $500m through selling his entire holding in Sino Forest, a Chinese forestry company fighting fraud allegations, the FT reports.