Author Archives: Editor
Barclays halts agriculture trading with hedge funds
Reuters – Barclays is halting agricultural trading with hedge funds in a move to burnish its reputation amid a major overhaul, but will still market index-linked investment products in the sector. The British bank (is among several financial institutions to […]
Hedge Funds May Skirt Trade Rules With Banks’ Aid, Gensler Says
BusinessWeek – Banks may be helping hedge funds avoid rules meant to reduce market risks by routing trades through overseas offices, the top U.S. derivatives regulator said in testimony prepared for a hearing on the Dodd-Frank Act. Overseas affiliates of […]
Soros, other hedge funds score billions betting on falling yen
MarketWatch – George Soros became famous as the man who “broke the Bank of England” in 1992. In 2012 – and 2013 – Soros and other hedge fund magnates are scoring massive profits by effectively betting on the Bank of […]
Investors pull $1 billion from hedge fund giant Winton
Reuters – Winton Capital, one of the world’s most successful hedge fund firms, has seen clients pull $1 billion of cash out of its portfolios amid falling returns from computer-driven fund managers. The firm set up by Cambridge physicist David […]
Blackstone Alternative to invest in hedge fund managers
P&I – Blackstone Alternative Asset Management, like Goldman Sachs and Neuberger Berman Group, soon will buy minority stakes in hedge fund managers. Anthony Maniscalco joined the BAAM investment team as managing director to assist in building out the hedge fund stake-taking program, according […]
SunTrust sues to stop hedge fund’s $13 million FINRA arbitration
Reuters – SunTrust Banks Inc sued a Connecticut-based hedge fund on Wednesday to block arbitration of a $13 million dispute over mortgage-backed securities. The lawsuit, filed in U.S. district court in Manhattan, is the latest one brought by a bank […]
Outgoing commissioner Sommers criticises CFTC approach to Dodd-Frank
Hedge Funds Review – After resigning her post as CFTC commissioner at the start of 2013, Jill Sommers has spoken out about the way the regulator forced compliance with Dodd-Frank when market participants were not ready. The US Commodity Futures Trading […]
Barclays halts agriculture trading with hedge funds
Reuters – Barclays is halting agricultural trading with hedge funds in a move to burnish its reputation amid a major overhaul, but will still market index-linked investment products in the sector. The British bank is among several financial institutions to […]
Opus Fund Services Opens New York Office
New York (HedgeCo.Net) – Award-winning hedge fund administrator Opus Fund Services, is expanding with the opening of its New York office. The Park Avenue location will initially focus on business development and will be headed by the new Director of Sales and […]
Blackstone Said to Add Executive in Push for Fund Stakes
BusinessWeek – Blackstone Group LP hired Anthony Maniscalco to help run a new business that will buy stakes in hedge-fund managers, said three people familiar with the plans, as the firm tackles an investing area where institutions such as Goldman […]
Andurand Hedge Fund Takes On Olympic Gold Medalist as Analyst
Bloomberg – Andurand Capital Management LLP took on as an intern Clement Lefert, winner of a swimming gold medal at the London 2012 Olympics, as the oil and commodities hedge fund expands its team after it began trading Feb. 1. […]