Market and Diesel Fuel Hedging Discussion

Considering the Crack Spreads, the best place to Hedge is in the Crude Oil. Continue reading

Event Driven Hedge Funds Rebound – Brighton House Q3 Report Summary

Buoyed by a strong equity-market rally, hedge funds performed well during the past quarter, according to the Brighton House Q3 report. Investors gravitated towards event-driven hedge funds throughout the third quarter, 2009, primarily in the merger/risk arbitrage and distressed fixed-income areas. Brighton House Associates (BHA) is an alternative investment research firm that speaks to investors across the globe about their […]

US Based Shari’ah-Compliant Insurance Funds OK’d

StoneCross Capital has been approved as the first U.S.-based asset management company that creates and customizes Shariah-compliant insurance-linked longevity products, and provides advisory services to global financial institutions with longevity product initiatives directed to Islamic investors. In meeting Shariah legal guidelines, StoneCross Capital has created an opportunity for institutions in the Islamic community to diversify their holdings and satisfy future […]

Hedge Fund Mini Prime Questions Answered

If you’ve talked to a hedge fund manager for any amount of time, the topic of prime brokers will come up. One of the fundamental issues when setting up a hedge fund is finding a prime broker who will fit your balance of price vs. services rendered. Earlier in the month Alex Thompson wrote an insightful article on Mini Primes […]

Black Gold: From the Trading Pits

Crude Oil: This week we closed up $2.75 at $72.04. We have a Sell Signal as of now. The market has not been able to take out $75. Until it can take out $75, we should maintain a negative view on the market. It should have advanced to new highs in the upper $70’s, or low the $80’s, but it failed to do that. Upside momentum ran 26 weeks but has now turned negative and this bull market look to be over Continue reading

BLACK GOLD

Welcome to Black Gold the HedgeCo blog site about Energy and investing operated by logi Energy. logi Energy is an investment management team that invests in the oil and gas sector in equities, options, futures, as well as on and off shore oil and gas fields and wells. In this premier post, I’d like to tell you who we are and what we believe. In other posts, other team members from logi Energy will provide detail and clarity to my mere words. The basis of our investment approach is that peak oil has occurred in the world. The world will never produce as much oil as it did in 2008 – ever again -. Continue reading

Top 5 Hedge Fund Website Rankings: A Quantitative look

There are a lot of factors that come into play when trying to determine what group of websites get the most traffic. Many people have used the “Reach” statistic from Alexa.com to determine how much traffic that a website receives. The inherent problem with Alexa is that it estimates the traffic based on the number of people who use the […]

The IRS Extends Due Date for Late Filing of Entity Classification Election Forms

By Steven M. Etkind and Roger D. Lorence The Internal Revenue Service (“IRS”) has done taxpayers a favor in Revenue Procedure 2009-41 (“2009 Procedure”) by greatly extending the due date for making retroactive elections for entity classifications (known as the “check-the-box” regime) in cases where the election was missed. In the fund world, this most often occurs in the case […]

Cerberus Update, Weak Retail Sales, FDIC’s Blair Worried About Commercial Loans, Prime Borrowers Becomming a Problem, VMware Company of Interest

Cerberus denies talk of fund defaults – Reuters Reuters reports Cerberus Capital Management yesterday dismissed market speculation that some of its hedge funds, which have suffered losses and heavy redemptions, are in danger of default. Traders in London and Frankfurt were buzzing with talk that a major hedge fund was headed for default. Much of the talk was directed at […]

Thomas J. Powell – Reasonable Regulation: That’s Allstate’s Stand

Reasonable Regulation: That’s Allstate’s Stand             Many companies involved in financial services cower when an official of any stature mentions the threat of national regulation, but Allstate has decided to embrace it. Since late April, Allstate has been pushing an advertising campaign that is rooted in support for creating a national regulation agency for all players in the financial industry, […]

Hedge Fund Lock-Ups in Focus after Cerberus Announcement

There have been many questions about the Hedge Fund Lock-ups which were announced by Cerberus Capital today. Many of the explanations & by the major media outlets have been unclear if not incorrect. Image / CC BY 2.0 One of the main misconceptions with most of the articles presented in the media is that the Lockups will affect existing hedge […]

The Securities and Exchange Commission Post-Madoff Reforms

The SEC has just released the information below regarding the actions it will take in the wake of the Madoff scandal. Pillsbury is sponsoring a program in San Francisco on this topic, October 8, 2009. In the wake of the Madoff fraud, the SEC’s Office of the Inspector General launched an internal investigation in December 2008 to determine why the […]

Top 50 Hedge Fund Rankings

West Palm Beach (HedgeCo.net) – The Hedge Fund Journal’s Funds of Hedge Funds GLOBAL50, produced in association with Newedge Prime Brokerage Group, reports that minus a few exceptions, funds were happy to participate in the survey and submitted their assets under management figures as at 30th June 2009, which goes some way to prove that funds are taking the issue […]

Geithner’s Rant, Obama Administration’s Desperation?, Ramifications of the Clunker Plan

This story is quite disturbing. The Obama administration is sliding down a slippery, or should I say, slimy slope. In Q4 of last year fear mongering was the tactic of choice to push policy (e.g. auguring global financial ruin if senators didn’t quickly pass questionable legislation.) In Q1 & Q2 of this year financial market manipulation was the potion incorporated […]

Short Interest Days Into Dilution Solution

The SEC has come out with permanent rules to solve the problem caused by naked short selling.  The pivotal problem is the exploitative danger of manipulation of volatility and resulting down spiral. The problem with regulatory approaches is a preference to add patches onto a bad system instead of re-engineering the whole system (for instance, The Federal Reserve System).  The […]