Hedge fund manager John Paulson netted more than $5bn (£3.15bn) last year, likely to be the biggest annual profit in investing history, according to the Wall Street Journal.
Templeton's Mark Mobius is mulling plans to establish a hedge fund, which would manoeuvre the firm into the $1.9trn alternative asset management space.
Property financier Sir John Beckwith is backing the launch of a new hedge fund, in partnership with Icap boss Michael Spencer.
Polar Capital is closing its Discovery fund, a global macro hedge fund run by Paul Lambert.
A family-owned hedge fund will offer investors the chance to use Twitter posts to gauge the mood of the stockmarket.
Hedge fund titan David Einhorn expects the price of gold to continue its strong surge as the US authorities retain irregular monetary and fiscal policies.
CQS and Brevan Howard, two of Europe's largest hedge funds, are due to close subscriptions for listed credit hedge funds next week.
Frontier Capital Management is launching a managed futures fund of funds this week.
RWC Partners is preparing a regulated global macro hedge fund in January for new recruits Peter Allwright and Stuart Frost.
A vehicle linked to hedge fund manager John Zwaanstra, a former protégé of George Soros, has emerged as the mystery buyer of a 5% stake in Gartmore.