Author Archives: Editor
Ex-StanChart Bankers Start Credit Hedge Fund as Market Grows
Bloomberg – Sentosa Capital Pte, run by former bankers who started Standard Chartered Plc (STAN)’s fixed-income and capital markets businesses, is setting up a hedge fund to trade Asian debt as it targets an “underserved investment segment.” The Singapore-based firm is […]
Ex-Goldman trader launching $1 bln-plus fund Friday
Reuters – Former Goldman Sachs trader Morgan Sze is set to launch his highly anticipated $1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters. Sze’s Azentus Capital has received commitments of more than […]
Jeffrey Matthews Interview on Sokol, Buffett
Bloomberg – Jeffrey Matthews, founder of hedge fund Ram Partners LP and author of “Pilgrimage to Warren Buffett’s Omaha,” talks about the resignation of David Sokol from Berkshire Hathaway Inc. Sokol, once a candidate to succeed Warren Buffett as the […]
Highest-Paid 25 Hedge Fund Managers Got $22 Billion, NYT Says
Bloomberg – The highest-paid U.S. hedge fund managers at some of the biggest and best-performing funds got slightly over $22 billion in pay last year, the New York Times reported, citing an annual ranking by AR Magazine. That compares with ten […]
After Quake, Hedge Funds Go Long on Japanese Equities
Advanced Trading – Goldman Sachs employees may be trying to flee their Tokyo digs , but hedge funds apparently can’t get enough of Japan right now. Prior to the earthquake, hedge funds bet heavily on Japan’s equity markets to falter. Many […]
Shari’ah Compliant Hedge Fund Index Drops 1.22%
New York (HedgeCo.net) – Based on the close of trading on March 29 the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, dropped 1.22% month-to-date, closing at […]
Credit Suisse Launches Emerging Market Fixed Income Indices
New York – Credit Suisse has launched two new Emerging Market (EM) fixed income indices that can help global investors gain enhanced exposure to EM sovereign credit and broad access to local currency debt markets. The two new indices take […]
Feds Question BofA Merrill on Rajaratnam Relationship
Fox – Federal investigators have questioned executives at Bank of America’s Merrill Lynch brokerage unit about the firm’s relationship with Galleon founder Raj Rajaratnam, who is accused of committing securities fraud by earning millions of dollars of illegal profits by trading […]
Tokyo Electric Investors May Be Wiped Out After Nuclear Crisis
Bloomberg – Tokyo Electric Power Co.’s shareholders may be wiped out by clean-up costs and liabilities stemming from the worst nuclear accident since Chernobyl. The company faces claims of as much as 11 trillion yen ($133 billion), if the crisis […]
Hedge Funds Pile Into Nikkei Futures
Business Insider – Hedge funds have been piling into the Nikkei since the sharp selloff in the wake of Japan’s disaster, according to data from Societe Generale. While these funds were not following what was an established trend at the […]
About that iPhone 5 delay
CNN – An Apple leak, hedge fund FUD or a false rumor out of the wild west of the blogosphere? Several Wall Street analysts finally caught on to the significance of Jim Dalrymple’s report in The Loop Monday that there would […]