Investors showed support in nutrition company Herbalife International on the stock exchange on Friday despite another attack from activist investor Bill Ackman of hedge fund Pershing Square Capital Management.

Gold might not have been a great investment, which was evident in a Reuters report about John Paulson not making any additional investments on buillion as his PFR Gold Fund lost 63% this year so far.

Counterpoint Asian Macro Fund is a new macro fund established through a venture between former HSBC Holdings Plc economist Geoff Barker and City Financial Investment Co.

Hedge funds are now entering the municipal debt market, finding a veritable gold mine in value but may provide more problems in the long run as to the temporary nature of the investments.

SAC's first public statement after pleading guilty was criticized for lack of contrition. SAC Capital Advisors was criticized for its lack of contrition after pleading guilty on four counts of securities fraud and one count of wire fraud.

In an announcement, after completion of a previous second lien loan, Bacchus Capital Management exits Bob Lundquist's Quepe Wines.

Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.

A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.

Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.

Famous hedge fund investor criticized Sony's entertainment division as part of his ongoing campaign to create a spin-off.