Wellington news from FierceFinance

While we await word on final 2009 performance numbers for hedge funds, we can at least pronounce that the average fund fared quite well compared to 2008. Last year may well have been one of the best... Read more...

Institutional investors have made their voices heard, and more than the threat of added regulation (which may not materialize), that has led to some interesting changes. We've noted that hedge funds... Read more...

What is a hedge fund firm like Citadel to do? It's top two funds--Kensington and Wellington--each fell more than 50 percent in 2008. Both were forced to clamp down on redemptions. Such losses would... Read more...

Fortune offers an interesting story about how Ken Griffin's Citadel survived the credit tsunami, that is, the vicious rumors that had engulfed it earlier this year. His two funds, Kensington and... Read more...