Author Archives: Editor

Bloomberg – Hedge funds using debt-trading strategies honed on Wall Street are expanding at a record pace as they profit from risks big banks are no longer taking. BlueCrest Capital Management LLP doubled its New York staff in the two […]

Mercury News – David Einhorn’s Greenlight Capital has added to its investment position in Apple (AAPL) and is waiting for the company’s “next blockbuster product,” Einhorn said Tuesday. In a conference call for his Cayman Islands-based reinsurer Greenlight Capital, Einhorn did not […]

Reuters – Cantab Capital Partners is to close a retail investor-friendly version of its flagship hedge fund because of new European guidelines regulating investment in commodities, underlining the growing difficulty firms face in trading metals, grains and oil. Cantab, which […]

Fox – Britain’s top fraud prosecutor is likely to face serious criticism over its handling of an investigation into the $600 million collapse of one of London’s oldest hedge funds, a judge said on Tuesday. Already smarting from a 300 […]

Bloomberg – Cantab Capital Partners LLP, the $5.5 billion hedge-fund firm led by former Goldman Sachs Group Inc. (GS) quantitative traders, will shut a pool that is regulated like mutual funds because of restrictions on commodity investments. Investors in the […]

Hedge World – The California jeweler who gave a former KPMG auditor cash, an expensive watch and concert tickets in exchange for inside information about public companies pleaded guilty on Monday [May 6] to one count of conspiracy to commit […]

Portugal is selling 10-year bonds for the first time in more than two years as it seeks to regain full access to debt markets following its 2011 bailout. The new securities due in February 2024 may yield 400 basis points more than […]

AdWeek – Robert Hennessy has an unusual talent. If you tell this ex-analyst entrepreneur where you live in New York, he can name every laundry and dry cleaner within a stone’s throw. “Seventy-eighth between First and Second? There’s four dry cleaners […]

BusinessDay – Hedge funds have raised bets on a gold rally within three weeks as central banks signal no end to economic stimulus, driving prices higher just as analysts and traders have turned the most bearish in three years. The […]

Belfast Telegraph – More money than God. That’s one of the colourful descriptions of hedge fund managers and the title of a fine history of the industry by Sebastian Mallaby. Leaving aside the Almighty’s personal finances, it’s certainly true that […]