Author Archives: Editor

Currensee Launches Foreign Exchange Investment Service for Institutional Clients

Boston – Currensee (www.currensee.com), the leader in bringing the world currency markets to investors and financial institutions across the globe, today launched the availability of its Trade Leaders™ Investment Program for institutional clients and their investors. The company also announced […]

Big funds bought News Corp as scandal rumbled

Financial Post – Several major hedge funds and institutional investors piled in on stock of News Corp even as the company was reeling from a phone hacking scandal which hurt the stock in the third quarter. UK fund Children’s Investment […]

Paulson Said to Cut Risk in Main Funds Amid Europe Crisis

Bloomberg – John Paulson, the billionaire hedge- fund manager having his worst year, is cutting risk in his hedge funds further as the European sovereign-debt crisis roils markets, according to two people briefed on the matter. Paulson & Co., which […]

Hedge Funds Sold Citigroup as Shares Fell in Third Quarter

Bloomberg – Paulson & Co., Lansdowne Partners LP and Lone Pine Capital LLC were among investment firms that cut stakes in Citigroup Inc. (C) as shares of the bank slid 38 percent in the third quarter. Paulson & Co., founded by billionaire John […]

Italian police raid ex-hedge fund manager Micalizzi

Reuters – Italian police have raided two properties and launched a fraud investigation into ex-fund manager Alberto Micalizzi, whose hedge fund collapsed during the credit crisis losing investors hundreds of millions of dollars. Milan public prosecutor Alfredo Robledo told Reuters […]

Investor Demand for Hedge Funds Rebounds Following Terrible Third Quarter

Advanced Trading – Although the near-term outlook for the hedge fund industry remains murky in light of the European debt crisis and ongoing weak U.S. economic growth, the picture is brighter for the sector over the long haul. Even as […]

Hedge Funds Raise Oil Bets to Highest Since May

Bloomberg – Hedge funds raised bullish bets on oil to the most since May as speculation that Europe’s leaders will resolve the sovereign debt crisis helped drive crude to a three-month high. The funds and other large speculators increased wagers […]

Dymon Hires Ex-Brevan Howard’s Raman as Fund Hits $1.9 Billion

San Francisco Chronicle – Dymon Asia Capital, the fastest- growing hedge fund in Singapore, hired a former Brevan Howard Asset Management LLP portfolio manager as assets rose to about $1.9 billion last month. Rajesh Raman, who previously managed an Asian […]

Hedge funds outperform equities

Business Report – The Blue Ink Composite (BIC), which tracks the performance of around 100 Hedge Funds in South Africa, reported a steady increase of 0.9% for the third quarter of 2011. The BIC outperformed the JSE All Share Total […]

Sadis & Goldberg Alert: Hedge Fund SEC Filing Deadlines

New York (HedgeCo.net) – On October 31, 2011, the Securities and Exchange Commission (“SEC”) adopted new rules under the Commodity Exchange Act and the Investment Advisers Act of 1940 to implement provisions of Title IV of the Dodd-Frank Wall Street […]

Asia’s Small Hedge Funds Woo Millionaires Amid Cash Squeeze

An Francisco Chronicle – Hedge funds with assets of less than $100 million in the Asia Pacific region are turning to millionaires and family offices for investments as institutions favor funds with more than that amount and proven track records. […]

Chinese ratings agency threatens US with new debt downgrade

Guardian – The head of China’s biggest ratings agency, Dagong Global Credit Rating, is warning that it may downgrade the US’s sovereign debt rating again because of Washington’s failure to tackle the federal budget deficit. The remarks by Dagong’s chairman, Guan […]