Monthly Archives: June 2010
Seed investors return to start-up hedge funds
Reuters – Sovereign wealth funds and pension funds are backing start-up or small hedge funds again, said FRM Capital Advisors, bucking a trend seen since the credit crisis for clients to favour the perceived safety of big funds. Patric de […]
Ex-Fortress’s Ku Said to Return Investors’ Money in Hedge Fund
Bloomberg – A hedge fund set up by Fortress Investment Group LLC’s former Hong Kong has returned most investors’ money 10 months after starting with backing from Man Group Plc, said a person with knowledge of the matter. Minerva Macro […]
SEC’s Review of Use of Derivatives In Hedge Funds To Be Discussed At NY Forum
New York (HedgeCo.net) – Golden Networking’s Derivatives Leaders Forum 2010, “Strategies for Increasing Profits under an Evolving Regulatory Framework” is being held, July 22nd in New York. The forum will feature a discussion on the Securities and Exchange Commission’s investigation […]
US banks face hard slog on Volcker rule fund curb
Reuters – Banks are pressing the U.S. Congress for exemptions to a part of the proposed Volcker rule under Wall Street reform legislation that would curtail their ties to private equity and hedge funds, but the banks’ prospects were dimming […]
Go Fund Yourself, Congress Ought to Tell the SEC
Bloomberg – Few could argue convincingly that the U.S. Securities and Exchange Commission has excelled at its duties. Having failed to detect the largest Ponzi scheme in U.S. history, and with employees viewing Internet porn on the job, the SEC […]
Jupiter resists tough markets to price IPO
Reuters – Fund firm Jupiter raised 220 million pounds to pay off debt in an initial public offering which had been dogged by weak markets but still secured a valuation in line with London-listed rivals. In a deal that will […]
India not a big hedge fund region: Eurekahedge
Economic Times – In an interview with ET Now, Farhan A. Mumtaz, analyst, Eurekahedge, talks about the performance of hedge funds in India and global markets. Excerpts: How are India hedge funds doing now because year to date until April, […]
Hedge funds focus on capital preservation
Reuters – European hedge funds are focusing their energies on not losing clients’ money, rather than delivering huge gains, as they brace themselves for a potentially volatile summer after May’s big losses. Executives at the annual GAIM hedge fund conference […]
Libya sets up London hedge fund to train financial experts
The Independent – The Libyan government is backing a new London hedge fund with hundreds of millions of dollars, as the Arab state seeks to diversify its economy away from oil and train a generation of investment professionals in the […]
Dow Jones Adds Veteran Hedge Fund Manager to Investment Banking Team
New York (HedgeCo.net) – Dow Jones has added 17 year hedge fund veteran Michael White to their Investment Banker’s dedicated editorial team. The team provides opinion and analysis on global industries, including M&A, capital raising, regulatory changes, and venture-capital and […]
Hedge Fund Fraudster Claims Ties To Beer Baron Royalty
New York (HedgeCo.net) – Hedge fund manager Guy Albert de Chimay was arrested during the weekend in North Carolina and charged with securities fraud. Chimay, who claimed he was directly related to Belgian royalty (of the Chimay brewed by Trappist […]
Hedge Funds Cutting Bullish Oil Futures Bets: Energy Markets
Bloomberg – Hedge funds cut their bets on higher oil-futures prices to a 10-month low as U.S. economic reports signaled fuel demand is diminishing. Speculative net-long positions, or wagers that prices will increase, in crude futures declined 30 percent to […]