Monthly Archives: August 2011
A difficult year for many hedge funds may prove a fatal one for some
The Economist – With bold promises of strong returns in good times and bad, hedge funds have seduced many an investor. But as often happens when a courtship develops into something more serious, blind love has been followed by a […]
SEC Destroys Evidence Against Banks And Hedge Funds, Whistleblower Alleges
Forbes – In a heavy dose of irony for the Securities and Exchange Commission, which launched a new whistleblower program this week, one of its own lawyers is calling foul on the agency for allegedly destroying thousands of documents related […]
This Is How a Twitter-Based Hedge Fund Beat the Stock Market
The Atlantic Wire – You might think a 140 character tweet doesn’t have much power, but, as one hedge fund proved, Twitter can help you win the stock market. “Derwent Capital, the hedge fund that is using Twitter sentiment to […]
Hedge Funds Led by MHR Bought Ensco and Schlumberger When Prices Slumped
Bloomberg – Hedge funds bought $1.6 billion of shares in two oil-services companies in the second quarter as analysts said a drilling boom in the U.S. may spread overseas, helping reverse a slump in the companies’ stock prices. Ensco Plc […]
Investors back hedge funds amid turbulence
Reuters – Investors are largely sticking with hedge funds to guide them through the summer’s highly volatile markets, data showed on Thursday, despite lacklustre performances so far this year from these freewheeling portfolios. The GlobeOp Forward Redemption Indicator — a […]
Hedge Funds Most Bearish Since 2009
Bloomberg – Bets global stocks will fall have surged at hedge funds to the highest level since July 2009 as the economic slowdown and European debt crisis spur the biggest losses in almost three years. An index of hedge fund assets […]
City balance swings against the star traders
Star Telegram – The star commodities trader was lured from JP Morgan to much hullabaloo. There was anger over his two-year guaranteed bonus and the promise he and his team would pocket 15pc of all their profits. But mostly, because […]
Lawsuit says Hicks stole millions from Rangers
Telegraph – Former Rangers owner Tom Hicks was sued Monday by the team’s post-bankruptcy administrator, who says the wealthy Dallas investor “stole” tens of millions from the major-league franchise to acquire what are now highly lucrative parking lots near Rangers […]
Hedge Fund Managers Blast ‘Self-Serving’ Buffett
President Barack Obama and other Democrats have been applauding Warren Buffett for once again stirring up the debate over taxes. In an op-ed column in the New York Times on Monday, the self-righteous, falsely modest Omaha multi-billionaire called for a higher tax […]
11 Biotech Stocks Hedge Funds Love and Hate
CNBC – Hedge funds peeled back the curtain this week to reveal a bit about what biotech stocks they were buying and selling during the second quarter. Funds that manage more than $100 million are required to disclose their equity […]
UCITS Hedge Fund Strategy Index Award Nominees 2011
New York (HedgeCo.net) -After having launched the first index series to track UCITS funds applying hedge fund strategies back at the beginning of 2010, Swiss 2n20.com now will present yearly awards for outstanding UCITS hedge funds as well. The nominees […]
TABB Group Says US & European OTC Derivatives Reform Implementation Will Cause Data Levels to Surge as Much as 400%
The implementation of OTC derivatives market reform will cause data levels to surge as much as 400% above current levels, says TABB Group in new research published today. Electronic trading, clearing, reporting, risk management and other Dodd-Frank Act and European […]