Author Archives: Editor
2011 Review of the Year
HFM Week – Using the best December for a decade as a springboard, hopes for a strong 2011 were further buoyed by several bits of good news in early January. The hedge fund portfolios of US endowments had enjoyed a […]
Steve Cohen says insider trading rules are “vague”
Reuters – Hedge fund billionaire Steven A. Cohen in sworn testimony earlier this year called the rules on insider trading “very vague” and said sometimes it’s a “judgment call” as to whether a tidbit about a public company is inside […]
State Street Global Advisors Names Michael Ho as New Chief Investment Officer for Emerging Market Equities and Global Macro Capabilities
MarketWatch – State Street Global Advisors (SSgA), the investment management business of State Street Corporation, today appointed Michael Ho to chief investment officer for its Active Emerging Markets Equities and Global Macro capabilities. Ho, who will be based in Boston, […]
Asian hedge funds receive boost as manager engagement and investor interest increases
Hedge Funds Review – Interest in emerging markets hedge funds is growing as Asian investors seek to allocate locally. More managers are moving to the region. Both trends should continue in 2012. Asian hedge funds are attracting interest as the number […]
RSR Capital returning money after Asia hedge fund losses
Reuters – Singapore-based hedge fund RSR Capital is returning money to external investors and plans to change the fund’s strategy for a possible relaunch next year, said Chief Operating Officer and Founding Partner Christophe Delorme. RSR Capital’s other partners are […]
Ogier Named ‘Best Offshore Law Firm’ At Hedge Fund Review Awards
New York (HedgeCo.net) – Hedge fund law firm Ogier Group was named “Best Offshore Law Firm” under the inaugural 2011 service provider rankings of Hedge Funds Review. The distinction was announced at a special event held in London on 12 […]
People Moves: Thomas Strauss and Jeffrey Solomon Appointed to Board
New York (hedgCo.net) – Hedge fund firm Cowen Group, Inc. announced that its Board of Directors has appointed Thomas W. Strauss and Jeffrey M. Solomon to serve as members of the Company’s Board, effective immediately. Strauss is the President and […]
Hedge fund group spent $1 million lobbying in 3Q
CBS – A trade group representing hedge funds spent more than $1 million in the third quarter lobbying federal officials on financial regulations, including a new rule that will expand disclosure requirements for the funds. The $1.02 million that the […]
Hedge fund redemptions surge after losses – survey
Reuters – After months of heavy losses, big and small clients asked funds to return $9 billion in October. That number is three times as large as the $2.6 billion (1.7 billion pounds) they pulled out in September, data from […]
Funds Reduce Bets on Rising Food Costs to Lowest in 27 Months: Commodities
Bloomberg – Hedge funds cut bullish bets on agricultural prices to the lowest level in more than two years on signs of expanding global supplies. A measure of speculative positions across 11 products from wheat to coffee to cattle fell […]
GlobeOp: Hedge Funds Close 2011 On A Positive Note
New York (HedgeCo.net) – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 1.55% in December. “December closes the year on a positive note with net inflows of 1.55 percent, driven primarily by healthy subscriptions,” said Hans Hufschmid, chief executive […]
SEC Closes Fairfax Probe On Hedge Funds: Sources
News Gnomes – U.S. securities regulators are closing a long-running investigation into allegations that two well-known hedge funds conspired to spread negative information about Toronto insurer Fairfax Financial, two people familiar with the inquiry said. The Securities and Exchange Commission […]