Author Archives: Editor
Warren Buffett says he made $62.8m last year
Guardian – Warren Buffett has called himself mega-rich, but now he’s revealing how much money he made last year: $62,855,038. The billionaire investor disclosed the figure in a letter he wrote this week to Republican Tim Huelskamp that was obtained […]
Hedge fund exits rose in stormy September
Reuters – Investors pulled out around five times more cash from hedge funds in the month to October 1 than in the prior period, during one of the most turbulent few weeks for stock and bond prices since the 2008 […]
Hedge fund couple split businesses after separation
Reuters – David Murrin and Susan Payne, the UK-based husband and wife hedge fund team accused by one U.S. thinktank of fuelling and exploiting a global commodity crisis, are to split the two businesses they founded together after agreeing to […]
$6.1 Billion In August Hedge Fund Inflows
New York (HedgeCo.net) – BarclayHedge and TrimTabs Investment Research reports that hedge funds saw an inflow of $6.1bn in August, for the first eight months in 2011, hedge funds saw a heavy $51bn inflow. “Recent inflows might owe in part to […]
Ex-Goldman Traders’ Hedge Fund Shuts as Macro Strategy Slips
Bloomberg – Global Trading Strategies, a Sydney- based hedge fund founded by three former Goldman Sachs JBWere Pty. traders, has returned investors their money after its strategy of betting on global economic trends faltered. The fund, which peaked at $1.2 […]
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 […]
Galleon Sentencing Scorecard: Average Prison Term Almost 3 Years
Bloomberg – Galleon Group LLC co-founder Raj Rajaratnam is set to be sentenced today for insider trading after being convicted by a jury in Manhattan federal court for directing the biggest insider-trading scheme in a generation. Prosecutors say Rajaratnam, who […]
Will Hedge Fund Insider Get a 24-Year Sentence?
New York (HedgeCo.net) – It’s a busy week for sentencings stemming from the Galleon Group insider trading scheme, according to Artur Davis, a White Collar and Government Investigations expert. Yesterday, Emanuel Goffer, convicted alongside his brother Zviand another trader for their role, was sentenced to […]
Fed Says Dealer Easing of Hedge Fund Lending Terms Slows
Bloomberg – The number of Wall Street dealers tightening financing rates offered to hedge funds outnumbered those easing as Europe’s debt crisis escalated, a Federal Reserve survey shows. Almost 10 percent of dealers said they somewhat tightened financing rates and […]
Hedge fund exits rose in stormy September
Reuters – Investors pulled out around five times more cash from hedge funds in the month to October 1 than in the prior period, during one of the most turbulent few weeks for stock and bond prices since the 2008 […]
Dow Jones Indexes to Distribute Index-Constituent Data Through Morningstar Direct
Dow Jones Indexes today announced that Morningstar, Inc., a leading provider of independent investment research, is now including constituent data on a range of Dow Jones Indexes’ gauges through Morningstar DirectSM, its global web-based institutional investment analysis platform. Morningstar Direct […]