Author Archives: Editor
Deer Park Launches A New Hedge Fund
New York (HedgeCo.Net) – Deer Park Road Corp. is launching a new mortgage/asset-backed hedge fund, Burgess Creek Fund, after closing its flagship fund, STS Partners Fund, with $750 million currently under management. The new fund’s strategy will be similar to […]
$14 Billion Hedge Fund Stark Investments Is Liquidating
New York (HedgeCo.Net) – A long, slow fight against a steadily eroding asset base is coming to a close for Stark Investments, which is winding down all of its once-$14.45 billion in hedge funds, Absolute Return reported. The St. Francis, […]
Banks gone bad: Our evolved morality has failed us
New Scientist – We seem to be unable to punish bankers for their scandalous behaviour. That’s because our moral instincts can’t cope, says a professor of biological sciences and anthropology. ROB a bank and you risk a long stretch in […]
Treasury Announces $8.9 Billion Increase In Small Business Lending By Participants In The Small Business Lending Fund
The U.S. Department of the Treasury today released a new report showing that participants receiving capital through the Small Business Lending Fund (SBLF) boosted lending for the seventh straight quarter. In total, SBLF participants have increased small business lending by […]
EDHEC-Risk Institute: UCITS hedge funds underperform their non-UCITS rivals, shows new study
Bobs Guide – This new research is drawn from the Newedge research chair on “Advanced Modelling for Alternative Investments” at EDHEC-Risk Institute. UCITS hedge funds are typically more volatile and underperform their non-UCITS hedge fund rivals, a new comprehensive comparative […]
How A Hedge Fund Could Get Into The Bitcoin Game
Business Insider – Alternative currency Bitcoin has seen a spectacular rise lately. The digital, decentralized currency that first emerged in 2009 is now trading above $141. It was trading around $35 in early march. Read Complete Article
Hedge Fund Survey Shows Misconduct Believed to be Widespread
Compliance Weekly – A recent survey of hedge fund professionals indicates that misconduct is widespread in the industry, and that a very large percentage of professionals in the industry are prepared to report wrongdoing under a program such as the […]
Hedge funds: Where rules are made to be broken
FierceFinance – CIOs and their tech teams often think that they are responsible solely for keeping the lights on and the systems humming. But what about what happens on the trading floor? Does an IT staffer have a role in […]
Corruption at Hedge Funds Even More Rampant Than You Think, Study Shows
Forbes – If a new report about hedge fund corruption is to be believed, the industry is overrun with unethical and illegal activity. Some 46% of people at hedge funds believe their competitors break the law or act unethically and […]
Dow Jones State of Anti-Corruption Compliance Survey
The results of the fifth annual survey will be launched today at Dow Jones’ Global Compliance Symposium being held in Washington DC. This year’s survey interviewed compliance professionals from more than 350 companies worldwide. Of the companies represented, 71% stopped […]
UK Hedge Fund Manager Wannabe Arrested In Cold Case Murder
New York (HedgeCo.Net) – Self-proclaimed math whiz and aspiring hedge fund manager Steven Goff, 41, of Ventnor, UK, has turned himself in to the police claiming that he killed a teenager in a 1990 cold case. According to his confession he stabbed […]
Simple Alternatives hires portfolio manager for hedge fund mutual fund
Pensions & Investments – Clark Jones joined Simple Alternatives as a portfolio manager for the firm’s S1 Fund, an $80 million long/short equity hedge fund-of-funds mutual fund. Mr. Jones’ position is new, part of an expansion of the company’s investment […]