Monthly Archives: August 2010
Emerging-Market Hedge Funds Saw $1.5B In 2Q Outflows
WSJ – Hedge funds that invest in emerging markets recorded net outflows of $1.5 billion during the second quarter of this year, marking the seventh quarter of net redemptions the group has seen in the last eight quarters, an industry […]
Hedge Funds Love GLD
Forbes – The demand for commodity ETFs continues to sizzle as the WSJ reported today that John Paulson and George Soros and a slew of other hedge fund giants are using GLD , or SPDR Gold Shares as its proxy […]
HSBC Should Reveal Reports on Madoff Risk, Judge Says
Bloomberg – HSBC Holdings Plc, Europe’s biggest bank, should turn over internal reviews of potential fraud and other operational risks at Bernard Madoff’s business from 2006 and 2008, a New York judge ruled. U.S. Bankruptcy Judge Burton Lifland agreed on […]
Eurekahedge Monthly Highlights
New York (HedgeCo. net) – The August 2010 Eurekahedge Report shows positive asset flows for hedge funds across all regions in July, bringing the total assets under management by global hedge funds to US$1.53 trillion. European hedge funds, however, saw […]
EisnerAmper Legislative Alert: Impact on Private Hedge Fund Advisers
New York (HedgeCo.net) – Certain highlights of Title IV of the the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”), “Regulation of Advisers to Hedge Funds and Others,” are listed below: Elimination of Private Adviser Registration Exemption Previously, […]
States Will Be Hedge-Fund Police
WSJ – Thousands of midsize and smaller hedge funds are about to fall under the sway of state overseers, and it isn’t clear the states are ready. The new Dodd-Frank financial law seeks to tighten the leash on hedge-fund advisers, […]
Madoff Feeder Fund Firm Faces Narrowed Lawsuit
ABC News – – A federal judge refused to dismiss an investor lawsuit against Fairfield Greenwich Group, a hedge fund firm accused of funneling money to the now-imprisoned Bernard Madoff for his massive Ponzi scheme. In a 201-page ruling, District […]
Consumer finance a tough buy for private funds
Reuters – Private equity firms and hedge funds are eyeing U.S. consumer finance assets, but despite a recent Fortress Investment Group LLC deal, they are likely to find it hard to do many more. Banks such as HSBC Holdings Plc […]
Two Retail Stocks Swarmed by Hedge Funds
The Street – Economic pessimism is hurting retail stocks as they head into the critical back-to-school shopping season. Most investors are wary of these stocks, but some money managers are scooping up shares. John Paulson of Paulson & Co. and […]
Brevan Howard Takes Top Spot as Hedge Funds Boost Holdings
WSJ – A return of investor enthusiasm has helped Europe’s largest hedge funds lift their assets by more than a fifth over the past year, according to Financial News’s annual review of the industry, but a preference for big firms […]