Monthly Archives: April 2012
San Francisco 49ers Team Up With Hedge Fund Industry to Prevent Child Abuse
New York (HedgeCo.net) – The San Francisco 49ers’ players, coaches, alumni, cheerleaders and team co-chairman John York will make a special appearance at the 11th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care […]
Changing of the Guard for Hedge Funds
Forbes – The dynamics of the hedge fund industry are changing and so are the managers. The days of expert networks, massive fund inflows and controlled trading are history. Hedge funds are seeing outflows compared with other investments, like high frequency trading funds and […]
JOBS Act to Bring Light to Hedge Funds
Wall Street Pit – A great example of way regulations tend to protect industries from competition more than help consumers, a great example is the law that prevents hedge funds from disseminating their performance. This allows funds to create massive […]
Evidence of fraud at MF Global
Futures – The Commodity Customer Coalition delivered a memo to U.S. Attorney General Eric Holder as well as U.S. attorneys from New York and Chicago and members of Congress stating that there is clear evidence of an intent to commit […]
Dame Amelia offers hedge funds a regulatory window
The Globe and Mail – For the hedge fund industry, facing the threat of heavy regulation, it comes down to the old maxim: If you want something done right, do it yourself. Hedge funds were vilified for feeding the U.S. housing […]
Fuchs Seeks $800m For Nomura-Backed Hedge Fund
Jakarta Globe – Former Nomura Holdings trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Japan’s largest investment bank, expanding the list of high-profile start-ups this year. Nomura will match the amount that Fuchs’ […]
NY hedge fund manager Loeb launches open war on Yahoo
FirstPost: Tech – Hedge fund manager Daniel Loeb has intensified his firm Third Point’s proxy battle with Yahoo, launching a website calling for a management shakeup at the online media company. ValueYahoo.com also boasts a blog, links to articles covering […]
Hedge Fund Launches: Orwell Currency Alpha I and II
New York (HedgeCo.net) -Orwell Capital, a UK based hedge fund manager, is launching two absolute return funds in Q2 2012. The funds, Orwell Currency Alpha I and II, aim to generate consistent positive returns through a systematic investment strategy using […]
AR Magazine: Hedge Fund Managers – 2011’s Top 5 Earners
New York (HedgeCo.net) – The hedge fund industry’s top 25 managers took home a combined $14.4 billion in 2011, according to AR magazine’s annual Rich List survey of the world’s top-earning hedge fund managers. The average pay for the top […]
Hedge fund industry irate at new rules from European commission
Opalesque – The hedge fund industry is loudly attacking a new draft of “supplementing rules,” to the Alternative Investment Fund Managers Directive (AIFMD) being circulated by the European Commission. The 110-page draft takes a much hard stance on alternative investments, and […]
SFO Secret Settlements, Wells Fargo, Confirmations: Compliance
Bloomberg – Britain’s Serious Fraud Office, which prosecutes corporate bribery, uses too many secret settlements in foreign corruption cases, the Organization for Economic Cooperation and Development said. The SFO is using more so-called civil-recovery orders that require less oversight from courts and […]
Fraud squad: High-profile investment scams offer lessons for all
Winnipeg Free Press – Bernie Madoff, Earl Jones, Allen Stanford and Andrew Lech are all famous for one thing. They were all jailed in the last few years for defrauding investors of millions and in some cases billions of dollars. […]