November 22, 2008
Sears profits on hedge fund tack
Big 3rd-quarter gains despite revenue drop Has billionaire investor Edward Lampert finally turned Sears Holdings Corp., one of the nation's oldest retailers, into a hedge fund?
Regulator lays additional Portus charges
Canada's main securities regulator has laid more charges related to collapsed hedge fund Portus Alternative Asset Management, alleging co-founders Boaz Manor and Michael Mendelson failed to act fairly, honestly and in good faith with clients.
The US hedge fund industry is creeping toward its lowest number of fund launches in four years as larger allocations to bigger hedge funds squeeze out newer and smaller asset pools.
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