Study points to connection between religion and risk

Research co-authored by Portland State University finance professor Jing Zhao found that the religious beliefs of the population in counties where hedge funds are headquartered influence the riskiness of hedge fund managers' ...

Source: Yahoo CEO says he didn't mislead company

(AP) -- Yahoo CEO Scott Thompson is assuring his colleagues that he didn't supply the incorrect information that led the troubled Internet company to list a bogus college degree in his official biography, according to a ...

Patient capital is in short supply, research finds

Investors demand returns—and many want them to materialize overnight. But not every investment opportunity has that kind of potential. Some take years to pay off, but yield big results when they do.

Ex-hedge fund trader charged in $276M insider ploy (Update)

A former hedge fund portfolio manager was arrested Tuesday in what prosecutors called perhaps the most lucrative insider trading scheme of all time—an arrangement to obtain secret, advance results of tests on an experimental ...

Report: AMD ex-CEO said linked to Galleon case

(AP) -- Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the ...

Hedge fund share restrictions favor managers over investors

Armed with insider knowledge, managers of share-restricted hedge funds sell off their own holdings ahead of their investors in order to avoid low returns produced by an outflow of shareholder dollars, according to a new study ...

Smithsonian launches marine effort with $10M gift

(AP)—The Smithsonian is launching a new initiative to study coastal waters and create the first global network monitoring climate change and human impacts on ocean life with a $10 million gift.

Sony mulls hedge fund's entertainment sale idea

Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.

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