Monthly Archives: September 2012
Hedge Funds Leader, Credit Card Rule, Trading Review: Compliance
BusinessWeek – The world’s largest hedge-fund advocacy group has named a former U.S. Securities and Exchange Commission official its chairman as the $2.1 trillion industry grapples with increased regulation. Kathleen Casey, who stepped down as a Republican SEC commissioner last […]
Hedge Fund King Ray Dalio On The Economic Downturn, QE3, And The Future Of The Dollar
Business Insider – It isn’t every day that Ray Dalio opens up to the world and speaks. Dalio is widely considered the most powerful hedge fund manager in the world. And from his secretive firm, Bridgewater, in Connecticut, he does […]
Hong Kong start-ups lift Asia hedge fund industry – survey
Reuters – Asia-focused hedge funds slightly increased the value of the assets they manage to $144 billion in the first half of the year, helped by a few large start-ups in Hong Kong even as the industry in Singapore and […]
Hedge fund managers unaware of potential pitfalls of hedged currency classes
Hedge Funds Review – Investors increasingly want hedged share classes to mitigate currency risk. However, there is little knowledge in the market about the challenges of offering them, warns legal firm Appleby. Hedged currency classes are becoming more popular as currency […]
Seven Years Of Smoke And Mirrors In $1 Million Hedge Fund Scam
Forbes – From April 2005 through November 2006, Michael Katz, Christopher Fardella and two other individuals were partners in a pretty impressive sounding Florida-based hedge fund: KMFG International, LLC. Katz was the Portfolio Manager and Fardella the Treasure. For starters, […]
Study: Hedge Funds Could Contribute to Disruptions of the U.S. Financial System
New York (HedgeCo.Net) – According to a new study from the RAND Corporation, “Hedge Funds and Systemic Risk,” hedge funds were not a leading cause of the recent financial crisis, but they do have the potential to contribute to disruptions of […]
Highbridge hedge fund’s chief risk officer to step down
Reuters – The chief risk officer for Highbridge Capital Management’s hedge fund business is leaving the firm, two people with knowledge of the departure said on Wednesday. Subramanyam Venkataraman, who has worked at the $28 billion investment manager for nine […]
America’s Richest Hedge Fund Managers
Forbes – The hedge fund industry is going through tough times. The average hedge fund manager has been unable to beat the market for the last 20 months. But the rewards for those traders who make it in this business […]
Franklin Resources buys prominent hedge fund firm K2
Reuters – K2 Advisors became the latest fund of hedge funds to sell out to a much bigger rival, with a deal announced on Wednesday to sell a majority stake to Franklin Resources as investors’ appetite for alternative assets continues […]
Hedge funds face trial by market
FN – Hedge Fund Research’s benchmark composite index was up just 3.52% in the year to August 31, lagging far behind returns of 13.5% for the S&P 500 and not that far ahead of the 2.1% recorded by global government […]
Australia: BlackRock Wins Hedge Fund of the Year
New York (HedgeCo.Net) – Last night at the annual Cure Our Kids Australian Hedge Fund Awards in Sydney, BlackRock Australian Equity Market Neutral Fund received double honors winning the 2012 Australian Hedge Fund of the Year and Best Market Neutral Fund. […]
News Corp shareholders in US want to sue over phone hacking scandal
Guardian – Shareholders in Rupert Murdoch’s News Corp are asking a US court for permission to sue the firm’s board for failing to stop the phone hacking scandal. The shareholders asked Delaware judge John Noble on Wednesday to proceed with their case […]