Monthly Archives: September 2010
Hedge fund boss bags Hollywood role in Gekko sequel
LONDON, Sept 22 – Hedge fund managers are well known for extracting huge fees from their wealthy investors. Relatively few have landed a role in a client’s Hollywood blockbuster. However, Christian Baha, head of $1.2 billon hedge fund group Superfund, […]
SEC Insider Trading Case Against Fund Manager Obus Thrown Out by Judge
Bloomberg – Hedge fund manager Nelson Obus won dismissal of case by the U.S. Securities and Exchange Commission claiming he made $1.34 million from an illegal tip about a 2001 merger. U.S. District Judge George Daniels yesterday threw out the […]
Guilty plea in NY in Disney insider trading scheme
AP – A former assistant to a top executive at Walt Disney Co. pleaded guilty Tuesday to conspiracy to commit securities fraud and wire fraud charges, admitting her role in the quest to sell secrets about the company’s finances to […]
UCITS Hedge Fund Strategy Index Update
New York (HedgeCo.net) – The UCITS HFS Index neither lost nor gained in the third week of trading in September 2010 and is still up by 0.41% month to date (by business day 15, September 21st, 2010). Out of the […]
New York Hedge Fund Executive Dies In Fatal Motorcycle Collision
New York (HedgeCo.net) – New York hedge fund executive Ronen Katz died on Sunday afternoon in a collision on the corner of Canal and West Street, the New York Times reports. The 27 year old Katz, on a 2009 Ducati, was hit […]
Goldman Sachs on the Top 10 Stocks for Hedge Funds
Seeking Alpha – Every quarter, Goldman Sachs releases a list of stocks predominantly owned by hedge funds. The aptly named Goldman Sachs VIP list (or ‘Very Important Positions’ list) aggregates positions held by hedge funds utilizing fundamental strategies. This is just […]
Amundi co-head to join start-up hedge fund
HFM – Matt Stefan, global co-head of Amundi Alternative Investments, is leaving the company to join a start-up hedge fund, according to a source familiar with his plans. Stefan was only recently promoted to the position of co-head alongside Francois-Regis […]
NY hedge fund partner trying to convert Atlanta ‘red’ land into green space
The Atlanta Journal – Michael Messner, a 1976 Georgia Tech civil engineering graduate, grew up in Atlanta and remembers the city before it morphed into a metropolis. Since 1995, Messner has been a partner in the hedge fund Seminole Capital, […]
Asia-focused hedge funds hit record high in July
Money Control – The number of hedge funds investing in Asia hit a record high of 1,278 in July, Singapore-based fund tracker Eurekahedge said on Wednesday, as new funds look to raise their exposure to Asia’s fast-growing economies. This compares […]
Lime Brokerage Goes Live With High-Speed Options Trading
HedgeCo.net (Press Release) – Lime Brokerage LLC, an independent high-volume agency broker and leading provider of high-throughput, low-latency technologies to the professional trading community, has launched comprehensive, high-speed options execution. This latest offering complements its market leading high-speed equities and […]
Hedge Fund Investing Report: Active Diversification
New York (HedgeCo.net) – Growing numbers of middle class consumers in developing economies seeking better quality goods and services are boosting the earnings of regional and multinational companies across a range of sectors, according to the latest investment outlook of […]
Hedge Fund Launch: Clareville Capital Partners LLP
New York (HedgeCo.net) – Privately owned financial management company, ML Capital Asset Management, (ML Capital) announced that the first manager to launch on the Montlake UCTIS platform* will be Clareville Capital Partners LLP, the hedge fund founded by David Yarrow. […]