Monthly Archives: June 2011
Greek crisis is a money spinner for hedge funds
Telegraph – Fund managers gathered in Monaco for the GAIM conference have said that depressed asset prices and rock-bottom debt instruments could be worth the risk. Robert Marquardt, founder of Signet, a fund of hedge funds, told reporters that the […]
Hedge fund bosses sound alarm on super-sized funds
Reuters – Hedge fund investors are turning cautious on huge, multi-billion dollar funds, say executives meeting in Monaco this week, and see better returns from the boutique funds that were once the driving force of the industry. Executives at the […]
Man Launches Multi-Strategy UCITS Hedge Fund
New York (HedgeCo.net) – Man Group plc has successfully launched the Man GLG Multi-Strategy fund – the first combined UCITS fund to result from Man’s acquisition of GLG Partners, Inc. in 2010, which created the world’s largest independent alternative asset […]
Fortress Wins At 9th Annual Hedge Fund Industry Awards
New York (HedgeCo.net) – Fortress Investment Group LLC was named the Credit-Focused Hedge Fund Firm of the Year by Institutional Investor at the magazine’s 9th Annual Hedge Fund Industry Awards. The awards recognize firms across the hedge fund sector distinguished by […]
Japan pensions bet on hedge funds to boost returns
Reuters – Japan’s corporate pension funds, hobbled by a sluggish domestic stock market, are raising their allocations to hedge funds as they scramble to boost returns for the country’s ageing population. The move is part of a broader trend in […]
J.P. Morgan fined by SEC over mortgage securities
MarketWatch – J.P. Morgan Chase & Co. will pay $154 million to settle Securities and Exchange Commission charges that it misled investors in a complex mortgage-securities transaction at the onset of the collapse of the housing market, the agency said […]
Hedge funds seek rich pickings from Greek crisis
Reuters – Hedge fund managers are sifting through the rubble of the deepening Greek debt crisis to find money-making opportunities, though political uncertainty makes it a risky business. Executives at the annual GAIM conference in Monaco said they were eyeing […]
The World’s Biggest Hedge Fund vs. Plain Vanilla
WSJ – Hedge funds are back, baby. Our Deal Journal colleagues Michael Corkery and Steve Eder told us today about the world’s biggest hedge fund, Ray Dalio’s Bridgewater Associates, launching a $10 billion investment fund, one of the biggest new […]
SEC gears up to expand private fund oversight
Reuters – U.S. regulators are poised to expand oversight of the roughly $2 trillion hedge fund industry, with the U.S. Securities and Exchange Commission expected on Wednesday to adopt rules requiring private fund advisers to register with the agency. The […]
New SEC hedge-fund rule will be tough to enforce
MarketWatch – The Securities and Exchange Commission will struggle to monitor hedge funds under a long-awaited rule that’s expected to be approved Wednesday, lawyers say. SEC commissioners will vote on adopting a proposal they introduced in November that requires hedge-fund […]
Mark Evans Wins Regional Ernst & Young Entrepreneur Of The Year 2011
New York (HedgeCo.net) – Hedge fund administrator Confluence’s Chief Executive Officer and founder, Mark Evans, has received the Ernst & Young Entrepreneur Of The Year 2011 Western Pennsylvania and West Virginia Award in the Technology category. According to Ernst & Young LLP, […]