Author Archives: Editor
Ex-MD in equity capital markets: ‘It’s a bit like insurance fraud’
Guardian – “Much of investment banking is not about being a brilliant fisherman. It’s about muscling into a spot on that riverbank where you can throw your net out. Getting into the money flow. Have you watched the Sopranos? Making […]
SEC looking at hedge fund as part of CDO inquiry
Reuters – U.S. securities regulators are investigating the hedge fund Magnetar Capital for its role in putting together packages of consumer loans that big banks sold as bonds before the financial crisis, sources confirmed on Thursday. The Wall Street Journal […]
Slam dunk: How high will Facebook take Chris Hansen’s hedge fund?
CrossCut – When Facebook goes public Friday morning, one large beneficiary will be San Francisco hedge fund founder Chris Hansen, who is also negotiating with Seattle and King County to obtain $200 million of low-interest and presumably tax-free public financing […]
Hedge Fund Stars Gundlach and Einhorn Have a Sixth Sense
Forbes – At the Ira Sohn conference Wednesday, rock star investors gave their best picks to a well-dressed group of 2000 attendees from hedge funds and mutual funds around the world. At the 17th Annual Conference, where proceeds go to […]
Hedge Fund Mergers & Acquisitions: Bryn Mawr Bank / Davidson Trust Company
New York (HedgeCo.net) – Bryn Mawr Bank Corporation, parent of The Bryn Mawr Trust Company, today announced the completion of its previously announced acquisition of the Davidson Trust Company from Boston Private Financial Holdings, Inc. and members of the Company’s management group. The acquisition increases […]
Commentary: Lance Auer on Implementing Title I of the Dodd-Frank Act
WASHINGTON – In the 2007-2008 financial crisis, financial distress at certain nonbank financial companies contributed to a broad seizing up of financial markets. These nonbank financial companies were not subject to the type of regulation and consolidated supervision applied to bank holding […]
Watchdogs ‘too slow’ to expose Trio fraud
Hume Weekly – The superannuation watchdog’s repeated failure to recognise fraud in Trio Capital – which went on to become Australia’s largest superannuation theft – has been criticised by a parliamentary committee. The committee today announced 14 wide-ranging recommendations aimed […]
Dow Jones Indexes Adds Three Size-Segment Indexes to the Dow Jones LSP Position Sizing Index Family
Dow Jones Indexes, a leading global index provider, today announced the expansion of the Dow Jones LSP Position Sizing Index family to include three new size-segment indexes: — Dow Jones LSP Position Sizing U.S. Large-Cap 250 Index — Dow Jones LSP Position […]
Rajat Gupta trial: The charges and arguments
Business Today – Former Goldman Sachs director Rajat Gupta faces one count of conspiracy to commit securities fraud and five counts of securities fraud. The trial by jury begins in New York on May 21. On March 12, 2007 Gupta […]
Nicola Horlick: From hedge funds to Hollywood
The Independent – Readers of the financial pages will be well aware of Nicola Horlick, the superstar fund manager who landed the nickname “superwoman” as she juggled a high-powered career with raising six children. She appears less regularly in the […]
Hedge Funds, Beware Of Using Your Phones, They Might Be Tapped
Forbes – During the past decade, hedge funds emerged from obscurity as the darlings of Wall Street. The industry’s outsized remuneration attracted the most talented financiers. And the ability to repeatedly earn hefty returns even in down markets allowed the […]