Hedge Fund Manager, Gripped by Market Rout, Abandons Maserati
Source: Bloomberg
Bertrand Des Pallieres, founder of the SPQR Capital LLP hedge fund, said he was so focused on the swings in financial markets that he didn't notice his 80,000-pound ($160,000) sports car had been impounded by London authorities. More...

EC accused of complacency over hedge funds
Source: The London Stock Exchange
Criticism has been levelled at the European commission (EC) over alleged complacency over hedge funds, with critics claiming that the commission is not doing enough to regulate the sector. More...

Former hedge fund president wanted in US is freed in Greece pending extradition hearing
Source: The International Herald Tribune
A former U.S. hedge fund president arrested in Greece was freed Tuesday pending an extradition hearing next week, officials said. More...

Hedge Funds Step Up Voluntary Disclosure
Source: FNArena
For an organisation representing 60 Australian hedge funds - or at least the 60 local members of the Alternative Investment Management Association - to publish an updated set of disclosure guidelines with the intention of ensuring potential investors are fully versed in the sort of risks they might be facing when investing in hedge funds, is laudable. To release it on August 16 is unfortunate. More...


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India's M&A drive slows amid credit squeeze fears
Source: Reuters
After a spate of big M&A deals, corporate India's drive for foreign acquisitions has ebbed amid concerns about a global credit squeeze, though firms with strong balance sheets may look for bargains as valuations come down. More...

Increased deal risk scares away the arbs
Source: BloggingStocks
Inside of investing there is a culture known as 'arbitrageurs.' While there's many different types of arbitrage, merger arbitrage has become an increasingly-used strategy amongst traders and investors during the last few years. The primary reason: the private equity boom.

Merger arbitrageurs try to purchase stocks after a buyout has been announced but before it has been completed. For example, if a stock is being taken out for $22 per share and is currently trading for $20 per share, the 'arbs' might buy the stock betting that the deal is completed and they can keep their 10% assumed rate of return. Understandably, the increased private equity activity during the last few years has helped to fuel a boom in this strategy. More...

Are Market Trends Effectively Random?
Source: SeekingAlpha
Sun Tzu is an honorific title bestowed upon Sūn Wǔ. Tzu, who lived from 544 to 496 BCE, authored The Art of War, an immensely influential ancient Chinese book on military strategy. The book, composed of thirteen chapters, each devoted to one aspect of military warfare, has long been considered one of the definitive works on military strategies. It has also had a huge influence on business tactics. Investors can also benefit from its wisdom. They can particular benefit from the insight provided by one its most often cited phrases: “Every battle is won before it is ever fought.” More...

Market-Timing Fund Stumbles
Source: TheStreet.com
The stock market crisis has many investors either wondering if they should sell and cut their losses or trying to pick the bottom so they can put their cash back to work. More...