Monthly Archives: August 2012
Hedge funds bet France is more peripheral than core
Reuters – Hedge funds are going against market consensus and betting that ultra-low French government bond yields are unsustainable, believing a sluggish economy and the new government’s policies will eventually force up borrowing costs. Investors have generally given France the benefit of […]
Hedge funds begin to see trading advantage of social media data
Hedge Funds Review -Social media data is increasingly being used by hedge funds. Until now, mainly quant funds used this information but that is changing as research firms and trading desks use it to inform decisions. Hedge funds are increasingly […]
Hedge Fund Advertising is right around the corner… FINALLY!
HedgeCo Blogs – Hedge Fund capital raisers rejoice! The SEC has finally proposed rules to eliminate the prohibition against general solicitation and general advertising in certain securities offerings in accordance with the JOBS Act. The SEC release states “Under the proposed rules, […]
SEC Invites Public Comment On Hedge Fund Advertising
New York (HedgeCo.Net) – SEC commissioners voted 4-1 to invite public comment for the proposed rules for the Jumpstart Our Business Startups Act or JOBS Act. Included is Rule 506 of Regulation D and Rule 144A of the Securities Act, which will eliminate […]
Greed and Debt: The True Story of Mitt Romney and Bain Capital
Rolling Stone – The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, a lightweight, a cardboard opportunist who’ll say anything to get elected. […]
Financial Research Associates’ Form PF Boot Camp
New York, NY – (August 23, 2012) – Financial Research Associates (FRA) is proud to present the Form PF Boot Camp in New York City at the Princeton Club of NYC on Friday, September 7, 2012. By attending this one-day […]
Barclays appoints Antony Jenkins as new chief executive
Guardian – Barclays has appointed its head of retail and business banking Antony Jenkins as chief executive to replace Bob Diamond, who was forced out by the Libor fixing scandal. The new chief executive, who comes from the “safer” retail side of […]
Nadel’s Hedge Fund Ponzi Scheme Victims Receive $25 Million Settlement
New York (HedgeCo.Net) – A case that has been pending for over three years, S.E.C. v. Arthur Nadel, has been somewhat resolved. Lead attorney at Wiand Guerra King P.L., Burton Wiand, who was appointed receiver for various entities associated with Arthur Nadel’s Ponzi scheme, […]
SEC Announces Agenda for Roundtable on Technology Glitches
Reuters – U.S. securities regulators released on Wednesday [Aug. 29] an agenda for a roundtable to discuss ways to promote market stability after a recent series of technology glitches put another dent in investor confidence. The Securities and Exchange Commission […]
New Charges Filed in Hedge Fund Insider Trading Case
Courthouse News Services – Hedge fund managers Anthony Chiasson and Todd Newman, and analyst Jon Horvath made millions trading on inside information about Dell and Nvidia, federal prosecutors claim in a revised indictment. Prosecutors say Horvath and other analysts passed […]
San Antonio Fire & Police pension fund puts $50 million in hedge funds
Pensions & Investments – San Antonio Fire & Police Pension Fund committed $10 million each to five hedge fund managers, according to recently released minutes of the July 31 board meeting. The $2.2 billion pension fund committed to Indus Pacific […]
AMR says hedge funds may provide equity financing
Reuters – The parent of American Airlines said on Wednesday a group of hedge funds was interested in providing equity financing to help it emerge from bankruptcy, with Dow Jones reporting the funds could contribute up to $2 billion. AMR […]