en-us Reuters UK) - Galleon Group hedge fund founder Raj Rajaratnam attacked a U.S. regulator's lawsuit on Tuesday, denying insider trading charges and saying government wiretaps violated his constitutional rights.The Sri Lankan-born billionaire is the most prominent of 20 people who face criminal or...]]> Tue, 24 Nov 2009 12:01:10 -0800 AMD AKAM CLWR GOOG IBM INTC PLCM JAVA AMD,AKAM,CLWR,GOOG,IBM,INTC,PLCM,JAVA Reuters) - Investment flows into hedge funds have turned net positive and the sector is heading toward having assets under management of around $1.75 trillion by year-end, according to Morgan Stanley.That would take them back up to levels last seen in the second quarter of 2007, it said.The investment...]]> Tue, 24 Nov 2009 02:45:24 -0800 MSFT MS MSFT,MS Reuters) - Lehman Brothers International Europe, where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.PricewaterhouseCoopers PWC, administrators for bankrupt...]]> Tue, 24 Nov 2009 02:45:21 -0800 Reuters UK) - Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his report.The EU is scrutinising a raft of regulations for the funds...]]> Sat, 21 Nov 2009 16:30:28 -0800 Reuters UK) - Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his report.The EU is scrutinising a raft of regulations for the funds...]]> Sat, 21 Nov 2009 07:15:25 -0800 Reuters) - Hedge fund manager Kenneth Griffin's Citadel Investment Group lost $8 billion in clients' money last year, but is turning things around as markets recover and has made $5 billion in profits so far this year, the Wall Street Journal said on Wednesday.The report said Griffin is...]]> Thu, 19 Nov 2009 03:15:19 -0800 Reuters UK) - Hedge fund manager Kenneth Griffin's Citadel Investment Group lost $8 billion (4.8 billion pounds) in clients' money last year, but is turning things around as markets recover and has made $5 billion in profits so far this year, the Wall Street Journal said on Wednesday.The...]]> Wed, 18 Nov 2009 22:45:35 -0800 Wed, 18 Nov 2009 09:40:05 -0800 Reuters UK) - Jean-Philippe Blochet, one of the founding partners of Europe's biggest hedge fund firm Brevan Howard, has left the company after taking a sabbatical last year.The 46-year-old, who previously worked with Brevan Howard co-founder Alan Howard at Credit Suisse, was part of Brevan Howard's macro team, focussing...]]> Mon, 16 Nov 2009 09:00:58 -0800 Reuters) - Hedge fund billionaire John Paulson's firm took a stake in Citigroup C, while cutting holdings in Bank of America BAC and its interest in Goldman Sachs GS, according to a regulatory filing on Friday.Paulson, whose firm Paulson & Co bet against financial companies and the housing...]]> Fri, 13 Nov 2009 22:15:35 -0800 T BAC C GS HUM JPM STT T,BAC,C,GS,HUM,JPM,STT Reuters) - Roomy Khan, one of several former traders cooperating with the prosecution of the biggest U.S. hedge fund insider trading case, told a judge she tipped several people at hedge funds with inside information on companies to make money from trades, according...]]> Thu, 12 Nov 2009 13:15:30 -0800 BX MRVL MCO BX,MRVL,MCO Reuters UK) - Roomy Khan, one of several former traders cooperating with the prosecution of the biggest U.S. hedge fund insider trading case, told a judge she provided confidential information to several co-conspirators, according to a court document made public on Thursday.Khan is one of at least five...]]> Thu, 12 Nov 2009 12:17:16 -0800 Reuters UK) -The Serious Fraud Office said on Thursday it has begun an investigation into a Cayman Islands-based hedge fund run by fund firm Dynamic Decisions, following a referral by the Financial Services Authority.The SFO said in a statement that it and the Financial Services Authority had received complaints...]]> Thu, 12 Nov 2009 02:16:12 -0800 Reuters) - A former enforcement lawyer with the U.S. Securities and Exchange Commission pleaded guilty to impersonating two people to help confessed Ponzi scheme operator Marc Dreier defraud hedge funds.Appearing in Manhattan federal court on Monday, Robert Miller, 52, admitted to fraud in the attempted sale of a...]]> Mon, 09 Nov 2009 11:00:50 -0800 Reuters) - A top U.S. securities regulator said some funds may now view insider trading as a central tenet of their business models, rather than as a one-time opportunity for big rewards as sometimes happened in the 1980s.Robert Khuzami, head of enforcement at...]]> Fri, 06 Nov 2009 13:00:13 -0800 Reuters UK) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts for the...]]> Fri, 06 Nov 2009 00:00:54 -0800 COMS ATHR MCO COMS,ATHR,MCO Reuters) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts for the TV...]]> Thu, 05 Nov 2009 16:16:09 -0800 Reuters) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts for the TV...]]> Thu, 05 Nov 2009 14:16:51 -0800 MCO MCO Reuters UK) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts for the...]]> Thu, 05 Nov 2009 11:46:02 -0800 COMS ATHR IBM INTC MCO COMS,ATHR,IBM,INTC,MCO Mon, 02 Nov 2009 04:00:35 -0800