Hedge Funds

Hedge Funds News

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  S&P 500 Rallies to Record on Increased Economic Optimism

  Updated 19 minutes ago

  U.S. stocks rose, sending the Standard & Poor’s 500 Index to its eighth record high in the past nine sessions, on increased optimism over growth in the world’s largest economy.

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  S&P 500 Rises on U.S. Optimism While Metals Fall on China

  Updated 25 minutes ago

  U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the world’s largest economy. Industrial metals fell on concern about China’s growth.

• Ron Mock Succeeds Jim Leech as CEO of Ontario Teachers

  Updated 1 hour, 35 minutes ago

  Ron Mock, senior vice president of fixed income and alternative investments at Ontario Teachers’ Pension Plan, will succeed Jim Leech as chief executive officer and president next year.

• London Mayor Blocks ‘Exceptionally Large’ Mayfair Apartment Plan

  Updated 40 minutes ago

  London Mayor Boris Johnson blocked the development of 25 luxury apartments in the city’s Mayfair district because they were too big.

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  Used Gold Supply Heads for ’08 Low as Sellers Balk: Commodities

  Updated 6 minutes ago

  Consumers will sell the least used gold in five years after prices tumbled into a bear market, curbing a source of metal that typically accounts for about one in every three ounces of global supply.

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  Ex-BlackRock Manager Said to Be Arrested in U.K. Probe

  Updated 15 minutes ago

  Former BlackRock Inc. fund manager Mark Lyttleton was arrested April 30 as part of an insider trading probe by the U.K. Financial Conduct Authority, two people familiar with the matter said.

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  Ex-Goldman Trader Saiz’s Fund Assets Drop 86% Following Loss

  Vector Commodity Management LLP’s assets under management slumped 86 percent this year after losing money since 2011.

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  Lehman Reaches Beyond Grave Seeking Millions From Nonprofits

  Updated 15 minutes ago

  Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy and set off the global financial crisis, managers of the bank’s estate are demanding millions of dollars from retirement homes, colleges and hospitals.

• Clive Hedge Fund Pays Partner $34 Million After Losing Year

  Clive Capital LLP paid its top- earning partner $33.5 million in the 12 months through February as the commodity hedge-fund firm managed by Chris Levett posted losses for clients for a second straight year.

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  Commodity Holdings Tumble in May, BofA Survey Says

  Money managers are the most bearish on commodities in more than four years as a majority expected a weaker Chinese economy for the first time in 14 months, a Bank of America Corp. survey showed.

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