The US Commodity Futures Trading Commission has obtained an emergency court order freezing assets held by defendants Raleigh Capital Management of Chicago and its sole principal, Richmond Hamilton, Jr., who resides in Morocco.

John Kilduff is hungry. The energy analyst and senior vice president at MF Global, the former futures brokerage business of Man Group, has left the firm and founded his own hedge fund.

Abbey Capital, the Irish owned alternative investment manager, has taken its global macro multi-manager fund passed the USD100m milestone.

Altegris, a provider of alternative investments, is expanding its executive leadership team with the appointment of Ken McGuire as chief operating officer.

ETF Securities is planning to launch the world's largest and Europe's first exchange-traded currency platform with trading expected to begin next week

Man Group’s newly created multi-manager business grew assets held in managed accounts from USD4bn to USD6bn in the six months to 30 September 2009.

Futures brokerage MF Global said it lost $16 million, or 13 cents a share in the fiscal second quarter, after earning $3.5 million in the year-earlier period. Revenue dropped to $252 million from $372.9 million. Stripping out one-items including gains on exchange memberships, stock compensation expense related to IPO awards, and severance charges, and it would have earned a penny a share. Analysts polled by FactSet expected earnings of 5 cents a share on sales of $280 million. It's also planning to move its domicile to Delaware from Bermuda.

Chicago-based fund manager Modern Asset Group is gearing up to launch a multi-adviser fund early next year.

Tudor Investment Corp.’s former commodities research chief will launch his own hedge fund in January.

MF Global, an intermediary offering customised solutions in global cash, derivatives and related markets, made a GAAP net loss of USD16.0m or USD0.13 per basic and diluted share in the quarter ended 30 September 2009.

John W. Henry & Co. has laid off one-quarter of its staff as its hedge funds have struggled to keep up with the industry rally.

David Lee a former natural gas trader for the Bank of Montreal has paid a 500000 fine to settle a Commodity Futures Trading Commission lawsuit.

Hedge funds had a positive month in September reflected by gains in seventeen of our eighteen indices. The average return for the 2,685 hedge funds (ex. FoFs) that have so far reported a September return is +3.21%. The estimates for October, along with the number of funds reporting for each of our 18 sectors can be found at the link below. These indices are being continually updated as current returns for the underlying hedge funds are recorded into our system. As of this writing, 10 of 18 hedge fund sectors are showing negatives returns for October.Commodity Trading Advisor performance for September as measured by the Barclay CTA Index averaged +0.97%. October's estimate based on the performance of the Barclay BTOP50 Index is -1.31%.Hedge Fund Indices Managed Futures IndicesFrom the November 2009 issue of Barclay's Insider Report. Accredited investors can subscribe to the full newsletter for free.

SEB Asset Management has opened up its multi-manager range of quants funds to retail investors.

James BibbingsBy James Bibbings -- For years traders, brokers, and money managers have been able to operate within the over-the-counter retail foreign currency markets (“forex”) with very little regulation. As a result, trillions of dollars and millions of clients have traded within the industry with little standardization or legal oversight; that is until now.

The top U.S. futures market regulator on Friday fined hedge fund EMF Financial Products LLC $4 million for making false statements about its market positions relating to U.S. treasury note futures.

Another top London hedge fund is dipping its toes into the cool, low-tax Alpine waters of Switzerland.

The distinction between speculative and commercial positions in commodity futures is often blurred and can be misleading.

Regulators should not require FX derivatives to be traded on exchanges and through clearinghouses as the unregulated market has held up well during the current crisis according to Hubert de Lambilly deputy global head of FX and hybrids trading at BNP Paribas reports Risknet

Clive Capital, the world’s biggest commodity hedge fund founded in 2007 by former Moore Capital trader Chris Levett, is turning away new investors amid heightened investor interest in raw materials, according to a report in the Financial Times.

Commodity hedge fund shop Touradji Capital Managament hasn’t lost its taste for gold, but it has restructured its bet on the precious metal. The $2.7 billion New York-based hedge fund has amassed an US$84.7 million stake in Barrick Gold Corp., Bloomberg News reports.

GAM has expanded its range of Ucits III funds to include an onshore version of its global macro interest rate and currency strategy managed by investment director Adrian Owens.

Although managed futures lost 0.77 per cent in October assets under management have increased significantly in recent months, according to the Barclay CTA Index compiled by BarclayHedge.

Paulson Company the hedgefund firm run by billionaire John Paulson is launching a gold fund

Salus Alpha has launched a commodity arbitrage fund which aims to take advantage of the difference between the S&P GSCI Total Return index and the S&P GSCI Spot Index.

Tan Tien Leong, the former fund manager at Millennium Capital Partners LP, plans to start a commodity hedge fund in January. The AN Commodity Fund, based in Singapore, will invest in energy, metals and agricultural derivatives traded on exchanges, Tan said in an e-mail. The fund will start with $10 million, investing on average next year 25 percent in precious metals, 30 percent in energy and the same proportion in agriculture.

PFGBEST announced it has formally launched PFG Precious Metals, Inc. The premier product of PFG Precious Metals is the Gold and Silver Accumulation Program, or GSAP.

The Tocqueville Gold Fund is up nearly 680 percent in the last ten years. And even as gold continues to hit new highs, sr. portfolio manager John Hathaway says it's poised to head higher.

While the average hedge fund has bounced back from last year’s double-digit losses with double-digit gains, managed futures funds have taken a different path.

With its flagship strategy continuing to struggle, the Man Group saw its outlook downgraded by Credit Suisse.

LONDON (Reuters) - Recent volatility in global stock markets has compounded problems for the managed futures hedge funds that did so well last year, and left them struggling while the rest of the industry prospers, Lipper data showed.