Monthly Archives: June 2014
Why hedge funds love charter schools
Washington Post – Obscure laws can have a very big impact on social policy, including obscure changes in the United States federal tax code. The 2001 Consolidated Appropriations Act, passed by Congress and signed into law by President Clinton, included […]
Schroders’ commodity hedge fund to shut
Financial Times – A prominent backer of commodities hedge funds is shutting down after investors frustrated by market doldrums and high management fees took their money elsewhere. Schroders’ Opus commodities fund, which contained $2.3bn at its peak, is closing after […]
Hedge Connection’s Global Fund Forum 2014 Announces Guest Speaker Larry Powell
New York (HedgeCo.Net) – Today Hedge Connection, the premier patented hedge fund marketing platform in the alternative investment industry, announces three prominent guest speakers at the Global Fund Forum 2014 from June 10 to 12, 2014 at the Borgata in Atlantic […]
Hedge funds record a strong first quarter and outperform MSCI World Index
New York (HedgeCo.Net) – While the end of the first quarter was down 0.18%, Hedge funds still had a strong first quarter performance generating $30 Billion. Strong returns posted by fund managers in the previous month saw hedge fund performance (Eurekahedge […]
Why Doesn’t Obama End the Hedge Fund Tax Break?
Slate.com – The Obama administration could disable one of the most powerful sources of wealth and income inequality in our country. Yet no one ever mentions it as a possibility. Don’t they know? There have always been disparities in income, […]
Hedge funds: the mysterious power pulling strings on Wall Street
The Guardian – Hedge funds, those financial funds run by extraordinarily rich men, are going mainstream. Not content to be investments for just the super rich and super connected, they are starting to offer services to the average investor. A […]
Hedge-Fund World’s One-Man Wealth Machine
WSJ – In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the hedge-fund industry’s biggest names. Calls to his office go unreturned even from those eager to fork over eight-figure sums, […]
Chicago Financial Communities raise over $670K for local charities at Hedge Funds Care Gala
New York (HedgeCo.Net) – On May 8, the Midwest financial community gathered at the 12th Annual Midwest “Open Your Heart to the Children” Benefit organized by Hedge Funds Care/Help For Children (HFC). The event raised over $670,000, which will be […]
KPMG acquires Rothstein Kass to take place of largest Hedge Fund Administrator
New York (HedgeCo.Net) – KPMG LLP, the U.S. audit, tax and advisory firm, and Rothstein Kass, a leading professional services firm in the hedge fund industry, have entered into an agreement by which most of the principals and employees of […]
Chicago-Based Hedge Fund Manager Caught Conducting A Ponzi Scheme
New York (HedgeCo.Net) – Chicago-based investment fund manager Neal V. Goyal and two hedge fund advisers that he owned and controlled –Blue Horizon Asset Management and Caldera Advisors – are being charged with violating the antifraud provisions of the Securities Act […]
U.S. SEC Loses Insider Trading Case Against Hedge Fund Manager
FOX – The U.S. Securities and Exchange Commission suffered a loss on Friday in a long-running case against a New York hedge fund manager and two others accused of engaging in a $1.3 million insider trading scheme. A federal jury […]
Hedge fund exec wins battle in bitter custody war against ex
NYP – Suzanne Murphy — the hedge-fund exec who claimed she was threatened by her ex-husband’s young Polish wife — has won a round in her bitter custody battle with investment banker Robert B. Albertson, 67. A judge ruled this […]