Author Archives: Editor
Hedge Fund Maestro: How to Stop a Second Great Depression
By George Soros – Financial markets are driving the world towards another Great Depression with incalculable political consequences. The authorities, particularly in Europe, have lost control of the situation. They need to regain control and they need to do so […]
DoubleLine Launches Low Duration Hedge Fund
New York (HedgeCo.net) – Los Angeles based hedge fund manager, the DoubleLine Funds Trust, has launched the DoubleLine Low Duration Bond Fund with two “no load” share classes: I shares and N shares. “The new open-ended fund invests principally in […]
Algorithmic Traders Under Scrutiny From SEC’s Hedge-Fund Police
Bloomberg – Algorithmic traders and quant funds are under close scrutiny from a U.S. Securities and Exchange Commission enforcement team responsible for policing hedge funds, the unit’s co-chief said at securities law forum. The SEC is “very much focused” on […]
Hedge funds profit from quick bets in Europe crisis
Reuters – Nimble hedge funds taking short-term bets are reaping the biggest profits from Europe’s debt crisis, as markets lurching on one policymaker’s comments to the next punish managers brave enough to take long-term positions on the eventual outcome. As […]
Corey Ribotsky and the NIR Group, LLC Responds to SEC Complaint
Press Release – After years of investigating claims of ponzi scheming and fraudulent valuation, primarily lodged by two disgruntled former employees who had been terminated for improper conduct, The NIR Group and its Managing Partner, Corey Ribotsky have been vindicated […]
Crouching Tiger, Hidden Raj
SL – Earlier this year, Raj Rajaratnam, founder of the Galleon Group hedge fund, was convicted of conspiracy and securities fraud in one of the biggest insider-trading cases in the history of Wall Street. But there was another reason the […]
Indicted Banker and Payment Processor Fight Federal Crackdown On Online Poker With Powerful Legal Papers
Forbes – A payment processor and a banker, who were indicted by federal prosecutors in April as part of a sweeping crackdown on the online poker industry in the U.S., have filed strongly-worded legal papers to fight the government’s charges, […]
Euro zone debts leave commodities in a mess
Observer – Global markets suffered serious setbacks during September as investors’ nerves were tested on numerous occasions. Hopes are now pinned on the fourth quarter which historically tends to support prices but continued uncertainty about the euro zone debt crisis […]
Chess Champ? Hedge Funds May Want You
Advisor One – Wall Street loves chess, and chess champions and other gaming experts may very well have developed skills that assist them to excel in the kind of analytical decisions required by high-level investing of the type that hedge […]
Endemol Owners to Lose Control to Hedge Funds, Times Reports
Bloomberg – Owners of Endemol NV, the Dutch producer of the “Big Brother” TV shows, will lose control of the company in a restructuring that will reduce debt from 2.2 billion euros ($2.9 billion) to 500 million euros, the Sunday […]
Donations from finance account for half of payments to Tories since 2010 general election
Guardian – The influence of the City over the Conservatives has been laid bare by new research showing that more than half of the Tory party’s donations since the general election have come from individuals and businesses working in finance. […]
Star hedge fund Winton hits $25bn
City AM – -The hedge fund run by star trader David Harding has defied the industry’s poor performance this year to make returns on investments of around 6.3 per cent so far. City A.M. understands that Winton Capital, which uses […]