Author Archives: Editor
Hedge Fund Analyst Bail Includes House Arrest with Electronic Monitoring Bracelet
New York (HedgeCo.net) – Hedge fund consultant Winifred Jiau has pleaded not guilty to conspiracy and securities-fraud charges in the Galleon investigation. Bail was set at more than $500,000. According to the Seattle Times, the Judge agreed to the bail “Only after […]
Morningstar: January hedge fund performance and asset flows through 2010
New York (HedgeCo.net) – Hedge funds enjoyed a slightly positive January, but trailed most stock-market indexes. The Morningstar 1000 Hedge Fund Index and the currency hedged Morningstar MSCI Hedge Fund Index rose 0.4% and 0.2%, respectively. “Many hedge funds posted […]
Special Report: Is Stevie Cohen the Feds’ Moby Dick?
Reuters – Soon after prosecutors charged two of his former employees with trafficking in confidential corporate information earlier this month, Steven A. Cohen kicked his hedge fund’s damage control operation into high gear. In the morning, top managers at SAC […]
Ex-Goldman Sze step closer to $1 billion-plus hedge fund
Reuters – Former Goldman Sachs Group Inc star trader Morgan Sze moved a step closer to the launch of his $1 billion-plus hedge fund, registering Azentus Capital with the Hong Kong market regulator this week. Hong Kong-based Sze, head of Goldman’s […]
Senator Wyden’s Son Starts Hedge Fund After D.E. Shaw Internship
Bloomberg – U.S. Senator Ron Wyden has a new hedge fund in his basement. That doesn’t mean he’s getting in on the ground floor. His son, Adam, started a fund under the name ADW Capital Partners LP that he runs […]
Trending: Hedge Fund Strategies In UCITS Format
New York (HedgeCo.net) – ML Capital, a leading investment manager and promoted of UCITS funds, has recently published its first Quarterly UCITS Funds Barometer. The presentation follows a survey by ML Capital of active investors currently allocating to UCITS about […]
Emerging Managers Shine at Hedge Fund Summit
New York (HedgeCo.net) – Opal Financial Group sponsored the recent Emerging Managers Summit, and over 300 institutional investor participants heard loud and clear what has become well-established: Emerging investment fund managers consistently outperform large and brand-name investment firms, and they […]
Nadel-owned building sold to pay victims
Herald Tribune – The sale will net $650,000 for the Nadel receivership, which is paying claims from investors who lost money in his $330 million hedge fund scheme. So far this year, court-appointed receiver Burt Wiand also has reached settlements […]
Hedge Funds Boost Bullish Silver Bets as Mideast Tensions Mount
Bloomberg – Hedge funds boosted bullish bets on silver to the highest in almost four months as tensions in the Middle East sent the metal to a 30-year high. Managed-money funds held net-long positions, or wagers on rising prices, totaling […]
Guardian Media Group investment fund
Guardian – In 2008 Guardian Media Group (GMG) established an investment fund portfolio, as part of its strategy to reduce risk. This fund consists of a wide range of different investments made directly by GMG. These investments are managed by […]
Blockbuster seeks to go on block
Blockbuster Inc. is preparing to put itself up for sale after creditors disagreed on plans to give the movie-rental chain more cash to help it exit bankruptcy protection, people familiar with the matter said. Blockbuster now plans to seek buyers […]
People Moves
Hedge Funds Review – DMS Management, a management company based in the Cayman Islands focused on providing independent directors for the hedge fund industry, has opened a representative office in Hong Kong. Supported by DMS’ Cayman, the office will provide localised […]