Author Archives: Editor
Blackberries: autumn’s free-for-all hedge fund
Telegraph – (I’m pretty sure this story got in my inbox because of a typo in it’s title, anyhoo…. Happy fall!) – This weekend, with the autumnal equinox, summer becomes autumn. Scarves and hats are officially permissible, sloe gin is […]
Hedge fund billionaire: Fed’s move ‘fantastic’ for the rich
NBC – The Federal Reserve isn’t just inflating markets. It’s also shifting a massive amount of wealth from the middle-class and poor to the rich, according to billionaire hedge fund manager Stanley Druckenmiller. In an interview on “Squawk Box,” the […]
Hedge Fund Drops Opposition to Smithfield Deal
NYT – Starboard Value, the activist hedge fund that was seeking to block Smithfield Foods’ $4.7 billion sale to a Chinese meat processor, dropped its fight on Friday, saying that it could not formalize an alternative takeover bid. The concession […]
Should Hedge Funds Advertise?
As the ban on hedge fund, private equity fund, and venture capital fund “advertising” is set to lift on Monday, September 23, most funds are wondering if they should take advantage of the opportunity, or sit it out. Of most […]
Fed Leaves Hedge Fund Bears Waiting on Emerging-Markets Bet
Bloomberg – Ray Bakhramov has been waiting almost two years for his hedge fund’s bet against emerging markets to pay off, which spurred a 20 percent loss in 2012 and cost him clients. Even with a slump from bonds to […]
Six Foreign Hedge Funds to Gain Foothold in China
WSJ – China, which has been gradually opening up its financial system, is about to let foreign hedge funds stick a small toe in. Regulators in the city of Shanghai have agreed to let a group of American and British […]
Prime brokers respond to challenges brought on by the shifting composition of the hedge fund industry and the changing regulatory requirements, according to EY prime broker survey
Faced with the challenges brought on by the shifts in the hedge fund industry and the changing regulatory landscape, prime brokers are attempting to differentiate themselves through unique product offerings, as well as their ability to leverage proprietary technologies and […]
NY Hedge Fund Adviser Fined For Breaching Fiduciary Duty Due To Conflict Of Interest
New York (HedgeCo.Net) – One of the founders of New York hedge fund firm Vicis Capital is under fire by the SEC for engineering an undisclosed transaction in which he had a financial conflict of interest. Without admitting or denying […]
ASX Directors Resign After SEC Action Against Hedge Fund
Bloomberg – Shane Finemore and Russell Aboud resigned from their positions on the board of ASX Ltd. (ASX) after their hedge fund, Manikay Partners LLC, agreed to settle claims of improperly buying shares of companies they had bet against. Aboud […]
Greg Hunt labels Clean Energy Finance Corporation a ‘green hedge fund’, says it will be shut down
Australia – Incoming environment minister Greg Hunt says the new Coalition government is committed to clean energy targets despite its plan to scrap several government bodies set up to tackle climate change. Prime Minister-elect Tony Abbott says abolishing the carbon […]
Single-Family Offices Are Negotiating Down Hedge Fund Fees
Forbes – There are more single-family offices than ever before and, on average, each one is controlling larger pools of assets than in the past. Hedge funds continue to be a core investment option for many of them even though […]