Monthly Archives: April 2012
Hedge Fund Compliance: Paladyne Teams up With Advise Technologies To Handle Data
New York (HedgeCo.net) – As the first SEC deadline for private fund reporting approaches for hedge funds, Paladyne Systems has teamed up with Advise Technologies LLC to specifically support the new requirements. The new team plans to provide an interactive […]
Ex-Wall Street Bankers Bring Science to China’s Rocky Stock Market
Reuters – Ex-Wall Street bankers are betting science can exploit opportunities in China’s often rumor-driven stock market, with some predicting the quant-driven fund industry to grow by as much as 10-fold to 100 billion yuan within a few short years. […]
In Senate, Republicans Block Debate on ‘Buffett Rule’
NYT – Senate Republicans on Monday blocked a move to open debate on the so-called Buffett Rule, ensuring that a measure pressed for months by President Obama and Senate Democrats to ensure that the superrich pay a tax rate of […]
U.S. House Democrats Back Position Limits
Reuters – Barney Frank and 16 other Democrats in the House of Representatives have filed a friend-of-the-court brief in defense of a new rule curbing speculation in the commodities market that has been challenged by a financial industry lawsuit. The […]
Hedge Fund People Moves: Man names Ravi Chari as new co-head of FX at AHL
New York (HedgeCo.net) – Hedge fund giant, Man Group has appointed Ravi Chari as co-Head of Foreign Exchange at London-based AHL, its systematic managed futures manager. “We are pleased to be strengthening the team at AHL with someone who has such […]
Hedge Fund Philanthropy: NY Casino Night
New York (HedgeCo.net) – High Water Women is getting ready for their 7th annual Casino Night. The event takes place Thursday, April 26, 2012, at Gotham Hall, 1356 Broadway at 36th Street. “Casino Night” has helped to raise more than […]
The HedgeCo April Hedge Fund Networking Event in NYC
The HedgeCo Networking Events are a chance for investors, hedge fund managers, and other industry professionals to come together and enjoy a night of sharing ideas and meeting new contacts. Recognized as having the largest attendance for any type of […]
Swiss Lawmakers to Debate Tougher Rules for Hedge-Fund Managers
Bloomberg – Swiss lawmakers are considering proposals to tighten regulations on hedge funds and other asset managers that will align the Alpine nation with draft European union rules. The amendment to an act on collective investments will be debated by both chambers […]
Prime brokerages consolidate after “big bang”
Reuters – Hedge funds are cutting back on the brokerage accounts they hold as the prime brokerage industry begins to consolidate more than four years after the Lehman Brothers bankruptcy blew the sector wide open. The shift comes as prime […]
Hedge fund’s “Billion Dollar Club” loses out to smaller rivals as equity markets rise
Investment Europe – Hedge fund allocators were right last year in deciding to funnel more money to firms with $1bn or more – dubbed the ‘Billion Dollar Club’ – but this year the higher exposure of smaller funds to rising […]
Hedge funds cut commodity exposure to four-month low
ET – Hedge funds and other money managers slashed their exposure to US commodities by around $9 billion this week, government data showed over the weekend, in the biggest such cut in four months on worries over China’s slowing economy […]
Humbler London hedge funds shun swanky Mayfair
Reuters – London hedge funds are shunning their traditional heartland in Mayfair, the city’s most expensive office neighbourhood, pushed out by straitened financial circumstances and the desire to dump their racy image for something more businesslike. The Mayfair and St […]