Author Archives: Editor
Hedge Funds Getting Burned in Offshore Insurance
The Street – After earning Wall Street fame for making billions by buying protection against the U.S. subprime mortgage market, John Paulson’s newest foray into the world of insurance is off to a loss-making start as the hedge fund manager […]
Hedge Funds Care Cayman allocates $225,000 to local charities
CayCompass – Hedge Funds Care Cayman, a charity for the prevention and treatment of child abuse and neglect, has allocated a total of CI$225,000 in local grants to eight charities this year. The 2012 grantees include the Cayman Island Crisis […]
SEC Loses Civil Fraud Case Against Ex-Citigroup Manager Brian Stoker
Reuters – A former Citigroup Inc. manager was found not liable on Tuesday [July 31] of civil charges of misleading investors, a blow to regulators in one of the few fraud cases brought against a Wall Street executive over the […]
Sir Richard Branson To Speak at Cayman Hedge Fund Summit
New York (HedgeCo.Net) – Institutional investors, hedge fund CEOs, economists and academics are meeting November 1-2, 2012 at the Ritz-Carlton in Grand Cayman to discuss the global alternative investment industry. The key theme of the Summit is ‘Innovation in Alternative Investments: Seeing […]
China-Focused Siris Settles With U.S. SEC
Hedge World – A hedge fund manager known for his bullish bets on Chinese companies and two of his firms have agreed pay $1.1 million to settle allegations by U.S. securities regulators of wide-ranging misconduct, including insider trading and misleading […]
Hedge Funds Stay Defensive Despite Rally
CNBC – Hedge funds remain cautious and defensive after largely sitting out the rally in the U.S. stock market since the start of June, contributing to the lowest U.S. stock market trading volumes since 2007. The lack of conviction comes […]
Average investors poised to bite into hedge funds: survey
Reuters – After decades of investing in exclusive hedge funds, America’s super rich are getting company as alternative investments are joining the investment management mainstream, a report from McKinsey & Co released to clients in July showed. “The new twist […]
Texas Permanent to shift K2 assets in hedge fund portfolio review
Pensions & Investments – Texas Permanent School Fund, Austin, is taking a second look at the construction of its $2.5 billion hedge fund portfolio while investment officials seek to negotiate lower fees from four of its five hedge funds-of-funds managers. […]
Hedge Fund Managers Finance Same-Sex Marriage Push
FIN Alternatives – Amazon.com founder Jeff Bezos’ $2.5 million contribution to help keep same-sex marriage legal in his home state made headlines last week. But he’s merely joining the hedge fund honchos, many of them Republicans, who have financed the […]
Tate Modern death-plunge man Michael Foreman was senior bank manager at HSBC
Independent – A man who fell 100ft to his death from a balcony at the busy Tate Modern art gallery in London was a senior bank manager at HSBC, an inquest has heard. Michael Foreman fell from a fifth-floor balcony […]
Individual Investors Get First Time Access To Hedge Fund Data
Press release – HedgeChatter.com, an online service that allows everyday investors to make investment decisions based on the latest social media data, announces launch byAtlanta, GA based Soktino Dynamics LLC. “Hedge Funds and Wealth Management Brokerage Firms have begun implementing social […]