Author Archives: Editor
Controversial EU ban on naked CDS shorting is ill-judged, say experts
Hedge Funds Review – A European Union rule banning naked CDS trading is misguided and “another instance of the authorities blaming the wrong people and imposing the wrong policies”, says Cass Business School’s Ian Marsh. A range of regulatory experts say […]
Hedge Funds Love Sensata Technology Holdings
Forbes – Scout Capital, which announced a 5% stake in Sensata Technology Holdings in May of this year, presented their reasons for being bullish on the company today at the Value Investing Congress in New York City. Sensata produces a […]
SAC Capital Faces Second Deal Probe
WSJ – U.S. securities regulators are examining whether SAC Capital Advisors LP improperly profited from trades made before a health-care takeover was announced, the second such deal drawing scrutiny to the hedge fund, according to people familiar with the matter. […]
Hedge fund wagers hint at biggest rally of 2011
The Economic Times – Speculators boosted their wagers on higher commodity prices for the first time in five weeks as increasing confidence that the global economy will avoid another recession spurred the biggest rally of the year. Money managers boosted […]
Big British Hedge Fund Takes Aim at the States
DealBook – Founded 230 years ago near the banks of the Thames, the Man Group has transformed itself from a British barrel maker to a rum merchant to a $70 billion money manager dominant in Europe and Asia. Now the […]
Stock market losses bring hedge funds down
CPI – Barclay Hedge Fund Index fell 3.92 per cent in September. “For the second straight month we’re seeing the largest hedge fund losses since the 2008 meltdown,” says Sol Waksman, the founder and President of BarclayHedge. The Barclay Fund […]
Hedge Fund 3 Degrees Asked to Close by Singapore Regulators on Asset Claim
Bloomberg – 3 Degrees Asset Management, a hedge fund which helps manage $215 million, was asked by Singapore’s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets. 3 Degrees is trying to overturn a decision by […]
Hedge funds have one of their worst quarters on record
Chicago Tribune – Feeling blue about the hit your portfolio took last quarter? You’re not alone. Hedge funds also had a lousy third quarter, delivering one of the worst performances on record. The summer’s stomach-churning roller coaster ride throughout all […]
Conifer Group Launches First Hedge Fund Cloud-Based Reporting Portal
New York (HedgeCo.net) – Hedge fund administrator, the Conifer Group, LLC has launched the ‘Conifer iCon’, the first cloud-based solution delivering an entire suite of asset servicing processes, including a data repository and in-depth attribution reporting, from one customizable portal. […]
Phased Implementation of New FATCA U.S. Withholding Tax Regime Will Impact Hedge Funds, Investors
New York (HedgeCo.net) – By James Wall and Jay Levy at J.H. Cohn LLP – Recent IRS guidance about the Foreign Account Tax Compliance Act (“FATCA”) could have significant reporting or cost consequences for offshore investment funds that have U.S. investors. FATCA requires […]
HFMWeek’s Hedge Funds Multi Strategy Award Goes To SkyBridge Capital,
New York (HedgeCo.net) – SkyBridge Capital, the $7.7 billion NY – Zürich alternative investment firm, was recognized at the 2011 HFMWeek US Performance Awards as the winner in the “Fund of hedge funds multi-strategy over $1B” category based on its […]
October 2011 Eurekahedge Report: Hedge funds Down 2.69% In September
New York (HedgeCo.net) – Hedge funds were down 2.69% in September; another month of highly volatile movements and broad declines across global markets, according to the October 2011 Eurekahedge report. Hedge funds outperformed global equity markets again in September (-2.69% vs. […]