Author Archives: Editor
Hedge Fund Magazine Names Ogier Cayman: “Best Offshore Law Firm”
New York (HedgeCo.net) – Ogier Cayman was named “Best Offshore Law Firm” at the HFMWeek U.S. Hedge Fund Services Awards, which were handed out on 13 October 2011 in New York. “This award is particularly special for Ogier Cayman as […]
Mary J. Miller On OTC Derivatives And the Dodd-Frank Act
Secretary Mary J. Miller at the CFA Institute: During my time at Treasury, I have come to greatly appreciate the importance of open lines of communication with investors, financial institutions, and other stakeholders. As the Assistant Secretary for Financial Markets, […]
Opus Wins Hedge Fund Award: “Best Administrator for Small and Start-up Firms”
New York (HedgeCo.net) – Opus Fund Services has been named the Best Administrator for Small and Start-up Firms at the annual HFMWeek US Awards at an award ceremony in New York earlier today. “We are delighted to be recognized by […]
U.S. ‘actively’ considering blacklisting Iran’s central bank
Los Angeles Times – The Obama administration said Thursday that it was actively considering sanctioning Iran’s central bank in retaliation for an alleged Iranian bombing plot, a move that could severely damage Iran’s economy and potentially provoke a strong response […]
Judge Sentences Hedge Fund Founder To 11 Years
New York (HedgeCo.net) – Hedge fund founder Raj Rajaratnam has been sentenced to 11 years in prison on Thursday by Manhattan Judge Richard J. Holwell. The judge also imposed a $10 million fine and ordered a forfeiture of $53.8 million. Since his October 2009 […]
T&D Is Said to Close Japan-Focused Hedge Fund, Return Money on High Costs
Bloomberg – T&D Asset Management Co., with about $27 billion in assets, closed its Japan-focused hedge fund because of higher-than-expected trading costs and returned money to clients, according to four people familiar with the matter. The T&D Japanese Equity Long […]
Commodity sell-off hits star hedgies’ track records
Reuters – A sharp sell-off in commodity markets in the past few weeks is wreaking havoc with the track records of some of the biggest-name funds in the sector, many of which now languish near the bottom of the $2 trillion […]
Hedge funds take aim at Canadian banks
Globe & Mail – Canadian banks are often described as boring, safe and stable, but some speculators are beginning to apply another adjective: expensive. The country’s five biggest banks trade at some of the highest price-earnings multiples in the global […]
Duke thanks bereavement charity
Google UK – The Duke of Cambridge has thanked a bereavement charity from the “bottom of his heart” for helping youngsters from military families who have lost loved ones. The philanthropic organisation 100 Women in Hedge Funds raised more than […]
Fugees Singer To Play Hedge Fund Charity Event
New York (Hedgeco.net) – Grammy winning Haitian-American rapper, actor, film producer and activist, and a member of hip hop trio The Fugees, Prakazrel Samuel Michel, better known as Pras, will perform at children’s charity A Leg To Stand On’s annual fundraiser, […]
JAT Capital Said to Jump 31% This Year on Market-Neutral Bets
Bloomberg – John A. Thaler’s $3 billion global long-short hedge fund, JAT Capital Management LP, jumped 31 percent this year through September as the manager’s market- neutral stance and short positions drove returns, according to four people familiar with the […]
How Have The Hedge Fund ETFs Held Up In The Crisis?
ETF Database – Over the past several weeks, markets have become increasingly choppy as a number of issues are plaguing the global economy. America teeters on the brink of a recession while debt downgrades and slumping investor confidence have rattled […]