NEW YORK, Nov. 10 (UPI) -- A New York City jury said two Bear Stearns hedge fund managers were not guilty of fraud for concealing the weakness of the fund, which collapsed in 2008.
NEW YORK, March 28 (UPI) -- The California public pension Calpers is demanding that the hedge funds in which it invests give it better terms, such as lower prices, a memo indicates.
NEW YORK, March 25 (UPI) -- It was a down year for U.S. hedge fund managers but the top 25 still made $11.6 billion in wages, an annual survey said.
WASHINGTON, July 11 (UPI) -- U.S. regulators Wednesday agreed to adopt a new antifraud rule aimed at money managers who mislead or defraud investors, including those in hedge funds.
NEW YORK, Jan. 31 (UPI) -- Hedge-fund copycat products are not living up to their billing, often posting smaller gains than the indexes they track, New York hedge-fund managers say.
WASHINGTON, March 22 (UPI) -- U.S. hedge fund managers have been invited to talk with a U.S. Senate Banking panel to discuss possible regulation of their business.
NEW YORK, Dec. 21 (UPI) -- The Bank of Ireland is spending $184 million for controlling interest in New York-based hedge fund Guggenheim Alternative Asset Management.
NEW YORK, Sept. 27 (UPI) -- New York's J.P. Morgan Chase is buying a majority stake in Highbridge Capital Management, a hedge fund, the Wall Street Journal reported Monday.
WASHINGTON, Aug. 3 (UPI) -- A federal judge has shut down Fountainhead Asset Management in Wayne, Pa., after the SEC issued fraud charges, CBSMarketwatch.com reports.
NEW YORK, Sept. 29 (UPI) -- Until now, the $600-billion hedge fund industry has been allowed to roam like the proverbial 600-pound gorilla, but that may change if the SEC has its way.
