hedge funds

Stanley Druckenmiller, the manager who helped George Soros make $1bn by ‘breaking' the Bank of England, plans to retire after thirty years in the industry.

F&C Asset Management has rejected accusations of bullying in a high court battle over a hedge fund joint venture hit hard during the credit crisis.

US banks with Wall Street operations are bracing for a slump in trading profits this year after the third quarter got off to a poor start, with global economic uncertainty and Europe's sovereign debt woes leading to a slowdown in market activity in July....

A LINE IN THE SAND

Hedge fund Trafalgar Asset Managers has boosted a bet F&C Asset Management's shares will keep falling following its plan to acquire Thames River.

"If I can buy four yachts from my investments, why should I care if my manager can buy one for himself?"

UK hedge fund Armajaro Holdings purchased £658m of cocoa on Friday, in a move which single-handedly moved the global cocoa market.

Hedge funds and asset managers will be caught by the EU-led crackdown on bankers' bonuses, it emerged last night.

Global hedge funds suffered the heaviest losses for 18 months in May having come into the poor month for equity markets with large long positions.

Martin Currie has acquired the $140m Sofaer Capital European hedge fund along with its management team.