Author Archives: Editor
Take It To The Limit
New Yorker – There is the current crop of Ohio Republicans, and then there are those who art in Heaven. A specimen of the former, ultimate destination unknown, is Speaker of the House John Boehner, a perpetrator (and, arguably, a […]
Suit challenging CO education funds goes to trial
AP — Colorado Democratic Gov. John Hickenlooper and Republican Attorney General John Suthers say a lawsuit questioning how the state funds education can cost the state billions of dollars and open the door for more court challenges by groups unhappy about other […]
Rathbone and Liontrust income funds join ‘blacklist’
Money Marketing – Rathbone and Liontrust have both seen their flagship income funds added to the black list of underperformers in Principal Investment Management’s latest income study. The £465m Rathbone income fund, managed by Carl Stick, and the £341m Liontrust […]
Man tops list of 50 biggest hedge funds
City AM – Man Investments is Europe’s leading hedge fund, topping the list of an industry that has has bounced back as a whole in 2011. Man’s hedge fund arm had assets under management (AUM) of $34.1bn (£20.9bn) as of […]
Clopton Capital Launches Real Estate Hedge Fund
New York (HedgeCo.net) – Chicago based commercial real estate lending company Clopton Capital, is planning on launching a strategic hedge fund. The fund will be focused solely on taking advantage on the fractured commercial real estate market and provide a […]
Dirty Players Exposed: Fed, Hedge Funds, Cantor
Business Insider – The Dodd-Frank bill has the predicted response from the dirty players in the financial system. The main dirty player is the Fed. Law.Hukuki.net has an article devoted to a really dirty guy, Fed Governor Daniel Tarullo. This guy […]
Lansdowne sells out of entire £850m Goldman Sachs stake
City AM – Hedge fund Lansdowne Partners has sold its $850m (£517m), stake in Goldman Sachs, amid fears that increased regulation in the US could stunt the investment bank’s proprietary trading arm. Lansdowne has sold almost 5m shares in Goldman […]
Picard Wins $1 Billion For Madoff Victims
New York (HedgeCo.net) – Irving H. Picard, the Trustee for the SIPA liquidation of Bernard L. Madoff Investment Securities LLC (“BLMIS”), today announced that he has reached a settlement with more than a dozen domestic and foreign investment funds, their […]
EU to force regulations on hedge fund pay
Telegraph – Experts at PriceWaterhouse Coopers have warned that a raft of asset managers who believed they would be exempt, will now face the same European pay rules as banks – including limits on cash payments; forced deferral and high […]
MKP Capital Co-Founder Perkins to Retire From Hedge Fund at Year-End
Bloomberg – Maurice “Chip” Perkins, co-founder of $4.5 billion hedge fund MKP Capital Management LLC, is retiring at the end of the year. Perkins, 53, recently served as Strategic Relationship Manager, focusing on developing senior relationships with investors and counterparties, […]
The Lone Star State attracts plenty of financial whizzkids
Economist – For a state more closely associated with cattle and cowboys, Texas is home to a surprisingly big herd of hedge funds. They manage around $40 billion, making Texas the fifth-largest US state for hedge-fund assets (after New York, […]
Hedge Funds Seek Partners Amid Cash Drought
Bloomberg – When Rory Dickson was planning a fund to invest in Asian consumer-related stocks, uncertainty over how much money he would start with meant he faced the prospect expenses would exceed the fees he stood to generate. Instead of […]