Author Archives: Editor
Hedge Fund Opinion: Hedge Fund Summit Speaker Duncan Rolph “Asset Allocation Is Key”
New York (HedgeCo.Net) – To protect and maximize wealth, private wealth managers should focus on asset allocation, as results are primarily driven by that and not by manager performance, advised Duncan Rolph, Partner, Miracle Mile Advisors. Dynamic asset allocation that […]
Imagine a hedge fund manager as president
IDN – In the late summer of 1998, in the wake of the Asian financial crisis, a group of German and French professors of economics organised at the University of Bremen in Germany a seminar to discuss ways to re-regulate […]
After Weak Returns, the Endowment Fund Limits Withdrawals
NYT – The sales pitch for the fund was simple: a chance for individual investors to get in on the same high-octane private equity and hedge funds that have fueled successful returns for large university endowments for years. But now investors in […]
Hedge fund cashes in on Greek bonds
Reuters – London-based hedge fund Adelante Asset Management has made a 70 percent gain on a sale of Greek bonds, showing the potential for big profits from betting on a recovery in the fortunes of a country effectively off-limits to […]
Mill Valley hedge fund managers spend big to promote anti-union initiative and defeat tax measure
Marin Independent – Two partners in the same Mill Valley-based hedge fund, SPO Partners, have contributed about $1.75 million to help defeat Proposition 30 and to promote Proposition 32. William Oberndorf has emerged as one of the top contributors, giving $1.1 million […]
Barclays faces record £290m penalty
Guardian – Barclays took another major hit to its already bruised reputation last night when a US regulator threatened the bank with a record $470m (£290m) penalty for allegations that it attempted to manipulate the US electricity market. After the London […]
Citi Offers Customers Financial Recovery Solutions in Wake of Hurricane Sandy
PRNewswire – Due to severe weather across the eastern part of the United States, Citi is providing affected customers with financial recovery solutions, including access to cash and waived fees. Proactive waivers will be applied to the following fees through at […]
Credit Suisse Raises $420 Million to Create Mexico Fund
Bloomberg – Credit Suisse Group AG (CSGN) raised $420 million for a new investment fund focused on Mexico, as Switzerland’s second-largest bank taps clients in an economy forecast to grow twice as fast as Brazil’s. The Credit Suisse Mexico Credit […]
Risk-AI and BarclayHedge Launch Hedge Fund App
New York (HedgeCo.Net) – Risk-AI and BarclayHedge have collaborated to produce the first hedge fund risk application for the iPad. The new application allows users of Risk-AI’s Transparency Analytics software to view data and analysis wherever they can use their iPad. […]
Throgmorton Hires Hedge Fund Tax Specialist
New York (HedgeCo.Net) – Throgmorton, one of the UK’s largest hedge fund accountancy and back office service providers, has announced a major hire in Neil Oliver, formerly a senior director with Ernst & Young and a tax consultant with over […]
How Not To Run A Hedge Fund: Geoff Grant Edition
Forbes – Most amusing little snippet in FT’s Alphaville: Grant Capital Partners is being shut down. This hedge-fund manager wind-down is brought to you by Geoff Grant, one of the same gentlemen behind Peloton Partners’ enormous fall. Fun fact from the […]
Hedge funds swoop on Falklands oil search
Reuters – Hedge funds have been quietly building up stakes in the fledgling oil explorers operating off the Falklands, betting that companies will ignore the threats made by Argentina to disrupt the activity. Lansdowne Partners, one of Europe’s most powerful hedge funds, […]