Monthly Archives: September 2007
F&C launches climate change fund
Reuters- F&C Asset Management launched a climate change fund on Monday, the latest in a string of such funds aimed at cashing in on the growth of companies that cut greenhouse gas emissions. Rising emissions of carbon dioxide, produced by […]
SEC Looks For Insider Trading At Hedge Funds
24/7 Wall St.- The SEC will beging to step up its examination of insider trading at hedge funds. According to Bloomberg “SEC officials told hedge funds to list clients and workers who serve as officers ordirectors of publicly traded companies, […]
MPC Samsara Hedge Fund Launch
West Palm Beach (HedgeCo.Net)- The MPC Samsara Team announced the launch of a new hedge fund, the MPC Samsara Fund. The hedge fund will be run by Ajay Gambhir and he will follow the same successful strategy as the JPMorgan […]
Even hedge fund billionaires tighten purse strings
International Herald Tribune- On a sun-splashed day this month, Harald Grant, a Sotheby’s real estate agent, showed his top listing to a hedge fund client. The client himself was not touring the jaw-dropping, 11-acre estate, with its two swimming pools, […]
The Financial Collapse of 2011 and Creation of the World Currency Unit
Having gone almost totally unnoticed, there was NO ACTION in the repo market recently and the T bill on-the-run auction was completely mispriced – two events that have NEVER happened. Why no repos? Nobody wanted to lend governments and nobody […]
Obama Calls For Transparency From American Patriots
West Palm Beach (HedgeCo.Net)- In a press release from Dispatches from the US Govenrment it was announced that Senator Barack Obama is scheduled to argue at NASDAQ marketsite that the”what’s good for me is good enough” mentality that has crept into certain corners […]
Northern Rock shareholder Baillie Gifford loses £250m
Daily Telegraph- Edinburgh-based fund manager Baillie Gifford – the largest institutional shareholder in Northern Rock – is believed to have lost more than £250m as shares in the troubled bank have plunged. The fund management firm – which owns a […]
SEC Charges Hedge Fund Manager over PIPEs
CFO.com- The Securities and Exchange Commission filed charges against hedge fund manager Robert A. Berlacher, Lancaster Investment Partners L.P. and eight related entities, alleging that Berlacher engaged in insider trading and an illegal trading scheme involving PIPEs  the acronym […]
Hedge Funds are Software Companies
O’Reilly Radar- I recently began speculating on analogies and connections between Web 2.0 and financial markets, and that led to the development of our Money:Tech conference. Paul Kedrosky, the program chair, just turned up one more connection: As I’m working […]
Hedge funds to run board slate at Lancaster
Reuters- Hedge fund shareholders in Lancaster Colony Corp (LANC.O: Quote, Profile, Research) said on Monday they plan to run a slate of board candidates at the consumer products maker in the latest move in a increasingly acrimoniouscampaign, according to a […]
MPC Investors Launch Ajay Gambhir’s $900M Hedge Fund
MPC Investors (MPC) today announced the $900m launch of the MPC Samsara hedge fund. The Fund is managed by Ajay Gambhir who joined MPC Investors at the beginning of May. The fund’s size will make it one of the largest […]
The Devil’s Dictionary, updated for hedge funds, PE, subprime
Livemint- Roughly a century ago, the American writer Ambrose Beirce compiled The Devil’s Dictionary. In his celebrated lexicon, Bierce displayed a profound understanding of finance, which he defined as “the art or science of managing revenues and resources for the […]