Monthly Archives: April 2014
Hedge funds reluctant to use Jobs Act
Risk.Net – Hedge fund managers have given a lukewarm reception to the Jobs Act, which opens the door to more visible marketing and advertising of fund vehicles. Many alternative fund managers remain sceptical about the benefits of the act and […]
Preqin: Hedge fund and private equity managers not in rush to market funds
P&I – Private equity and hedge fund managers have yet to take advantage of the loosening of marketing restrictions in the JOBS Act signed by President Barack Obama in April 2012, according to a survey by Preqin. The survey of […]
Eurekahedge 2014 Index Up $30 Billion In Q1, Down In April
New York (HedgeCo.Net) – Hedge funds started the first quarter of the year with another month of negative returns, down 0.18% in March as managers navigated through a choppy start to the year. However, strong returns posted by fund managers […]
N.J.-Based Brokerage Firm Charged With Manipulative Trading
New York (HedgeCo.Net) – The SEC has charged the owner of a Holmdel, N.J.-based brokerage firm with manipulative trading of publicly traded stocks through an illegal practice known as “layering” or “spoofing.” The SEC also charged the owner and others for […]
SEC Announces Additional $150,000 Payment to Recipient of First Whistleblower Award
The Securities and Exchange Commission today announced that the whistleblower who received the first award under the agency’s new whistleblower program will receive an additional $150,000 payout after the SEC collected additional funds in the case. The whistleblower, who the […]
Hedge Funds Buy Crude as U.S. Gasoline Pump Prices Jump: Energy
Bloomberg – Fewer than three weeks into spring, oil speculators are already thinking about the summer. Hedge funds and other money managers boosted bullish wagers the most since February, betting that refineries will need to buy more crude to accelerate […]
Head of emerging market strategy at BNP Paribas to join hedge fund
FN – Bartosz Pawlowski, who joined BNP Paribas in 2009, is set to join emerging market-focused hedge fund Finisterre Capital as a portfolio manager in early May, according to two people familiar with the matter. Founded in 2002 and with around $1.7 billion under […]
Hedge Fund Seeks Assets in Nevada in Battle Over Argentine Debt
WSJ – Argentina’s dispute with creditors took a twist as a U.S. hedge fund in search of defaulted debt is seeking to seize assets allegedly owned by a close associate of Argentine President Cristina Kirchner and her late husband and […]
French regulator considers fining Elliott arm $55 million: reports
Reuters – France’s AMF stock market regulator is considering whether to fine the UK arm of U.S. hedge fund Elliott Management €40 million ($55 million) over allegations of insider trading and market manipulation relating to French motorway operator APRR, newspapers […]
Leveraged bets on rally by hedge funds will magnify sell-offs
Financial Post – Hedge funds are borrowing record amounts of money to fund bets that stock markets will continue rising, creating conditions that could accelerate price falls if those leveraged positions are hurriedly closed. Although global equities look set to […]
CrowdAlliance Launches New Equity Technology Platform To Connect Companies and Accredited Investors
New York (HedgeCo.Net) – CrowdAlliance, part of the Asset Alliance group of companies, designed and developed a state-of-the-art technology platform for issuers and accredited investors to meet in a unique online interactive marketplace. The CrowdAlliance platform will enable accredited investors […]
TD Bank CEO wants U.S. to curb high frequency trading
Reuters – Toronto-Dominion Bank Chief Executive Ed Clark said on Thursday [April 3] he believes high frequency trading (HFT) gives an unfair advantage to some market participants and wants curbs by U.S. regulators. HFT, in which sophisticated computer programs are […]