Author Archives: Editor

Business Week – If you are convinced, really convinced, the price of crude oil will rise today and U.S. stocks will fall, Factor Advisors LLC has an exchange-traded fund for you. The FactorShares 2X: Oil Bull/S&P500 Bearoffered by the New York-based […]

Reuters – Magnus Peterson, the boss of collapsed hedge fund business Weavering, has been found guilty of defrauding investors and ordered to pay hundreds of millions of dollars in damages. London’s High Court ruled that Peterson, manager of the Weavering […]

Guardian – A hedge fund manager embroiled in a $500m (£319m) international bond scandal has been banned by the City regulator and given a £3m fine. Alberto Micalizzi is accused of trying to conceal “catastrophic losses” of more than $390m […]

Investment News  – The SEC has settled charges against investment adviser Quantek Asset Management LLC and two managers who told investors in two Latin American alternative investment funds that the executives had invested large portions of their own money in […]

Bloomberg – Symphony Financial Partners, co- founded by an ex-Goldman Sachs Group Inc. trader in 2003, is seeking $1 billion from investors after its Japan-focused hedge fund returned more than four times its peers. David Baran, co-chief executive officer of […]

Reuters – A rush by hedge funds to go short of troubled Bankia in recent months has been stymied by a shortage of stock, limiting their gains from the Spanish bank’s collapsing share price. Shortsellers borrow shares they expect to drop […]

The Telegraph – Alberto Micalizzi, chief executive of London-based Dynamic Decisions Capital Management (DDCM), was yesterday handed the fine by the Financial Services Authority. The regulator accused Mr Micalizzi of lying repeatedly to investors after DDCM lost more than $390m […]

Reuters – Hedge funds are piling into bets against the bonds of core euro zone countries like Germany and France, signalling a growing fear that nations once considered safe havens could be dragged down by the crisis in peripheral states like […]

The Motley Fool – Earlier this month, Warren Buffett bought some newspaper titles through his holding company, Berkshire Hathaway. This surprised many people, both inside and outside the industry, because the newspaper business isn’t what it used to be. During […]

Times Herald-Record – A local artist and filmmaker put $4 million into a Manhattan hedge fund — a sophisticated, mostly unregulated investment — and is now at the center of a controversial bankruptcy case. In 2008, Lili Schad of the hamlet […]

Reuters – Regulators have charged a New York fund manager who was running an $11-million Ponzi scheme, federal court filings showed. The U.S. Securities and Exchange Commission charged Jason Konior with defrauding investors by promising to match their investments in his fund […]