Monthly Archives: August 2011
Do the Fed, computer trading, and a few hedge funds rule the market?
Slate – After the madness of last week and the rollercoaster at the beginning of this week, the stock market recovered from its Aug. 10 rout to bounce 423 points on Aug. 11. It was the fourth day in a row […]
Hedge Fund Managers To Speak At Zurich UCITS Alternatives Conference
New York (HedgeCo.net) – The first independent, two day conference solely focussing on topics related to alternative UCITS products – the UCITS Alternatives Conference 2011 – is taking place on the 19th & 20th of September 2011 in Zurich, Switzerland. The […]
New Hedge Fund Whitepaper: Increased Volatility, Increased Opportunity?
New York (HedgeCo.net) – A new white paper entitled, “Commodities Outlook: Increased Volatility, Increased Opportunity?” has been released by Credit Suisse’s Asset Management division. The paper examines the recent rise in the volatility of commodity prices within the context of […]
Wall Street’s Volatility Causes Investors to Consider Alternative Assets
SIOUX FALLS, S.D., Aug. 11, 2011 /PRNewswire/ — In just days investors have watched the Dow Jones Industrial Average descend from the 12,700 mark on July 21st to Monday’s close of 10,809. This has the financial world questioning traditional investment […]
Enron Billionaire Bankrolls California Advocate for Public Pension Changes
Bloomberg – John D. Arnold, a former Enron Corp. trader in Texas who became a billionaire by buying and selling natural gas, is bankrolling a group supporting changes to limit California’s pension-fund obligations. Arnold, who formed hedge fund Centaurus Advisors LLC […]
Europe curbs short-selling in financial stocks; move questioned
Reuters – A ban on short-selling financial stocks in four European countries including France takes effect on Friday, a coordinated attempt to restore confidence in markets hit by rumours and higher borrowing costs. France, Italy, Spain and Belgium imposed the ban, which […]
Hedge Funds Boost Yen-Sensitive Short Sales, Deutsche Bank Says
Bloomberg – Hedge funds investing in Japan increased short-selling of companies sensitive to the yen’s strength as the currency surged amid the U.S. credit downgrade and concerns that Europe can’t contain its debt crisis, according to Deutsche Bank AG. (DBK) “What we have […]
Citadel eager to sell i-bank unit, funds soar
Reuters – Hedge fund firm Citadel appears to be one of the industry’s few big winners during the market sell-off as it delivered strong returns and moved to shed non-core operations. Chicago-based Citadel’s two main funds were up 14 percent […]
CREDERIAN ALERT: What Does It Mean for Investment Managers?
This article is the first in a series of educational topics to be delivered to you from Crederian Fund Services. For further information or to discuss this topic, contact Eugene P. Grace, Crederian Fund Services, at [email protected]. CREDERIAN ALERT: What […]
SEC Settles With Hedge Fund Manager Over Hepatitis Drug Study Leak
New York (HedgeCo.net) – The SEC has agreed to settle a lawsuit with former FrontPoint Partners LLC hedge fund manager Joseph F. “Chip” Skowron, Bloomberg reported this morning. “Skowron surrendered in April to Federal Bureau of Investigation agents in New […]
Hewitt Shareholders Nominate Hedge Fund As $243 Million CLO Manager
New York (HedgeCo.net) – Texas hedge fund adviser Highland Capital Management and it’s affiliate, Acis Capital Management, L.P., is now the successor Collateral Manager of Hewett’s Island CLO I-R Ltd, with approximately $243 million of assets under management. Alternative investment specialist, Acis, assumed the role […]
Grubb & Ellis Completes Sale of Daymark Realty Advisors
SANTA ANA, Calif., Aug. 10, 2011 /PRNewswire/ — Grubb & Ellis Company (NYSE: GBE) today announced the sale of Daymark Realty Advisors, Inc., to a joint venture entity controlled by Sovereign Capital Management Group and Infinity Urban Century, an investment […]