Author Archives: Editor
First Hedge Fund Manager Named In Galleon Probe
New York (HedgeCo.net) – The SEC probe of hedge fund insider trading has named Barai Capital Management LP’s founder and former hedge fund manager at Citigroup, Samir Bara, as a co-conspirator in a complaint against an ex-consultant for networking firm Primary Global LLC, Bloomberg […]
Union Bancaire Privée Recruits Experienced MENA Equities Team
Press Release – Union Bancaire Privée (UBP) announced today that it has recruited a highly-rated Middle East & North Africa (MENA) equities investment team to provide its clients with on-the-ground access to the return potential of the region’s stock markets. […]
Bahrain’s Investcorp first half profit dips
Reuters – Investcorp, the Bahrain-based alternative investment manager, on Tuesday reported a small drop in first-half profit as its hedge fund returns slowed after a strong performance in the previous year. The company, which once floated luxury brands Gucci and Tiffany […]
Activist Hedge Funds: Ramius Challenges Immersion Choice of Directors
New York (HedgeCo.net) – Alternative investment and hedge fund advisor Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC., (Ramius) has challenged the board of top touch technology company Immersion to elect a new Director. Ramius also nominated […]
Hedge Funds Back In Style, What Advisors Should Know
Forbes – Like it or not, hedge funds are making a comeback. After taking a nasty fall post-Madoff, the hedge fund industry’s assets are approaching their historical peak with $1.917 trillion in the 4th quarter of 2010. That’s slightly shy […]
Zurich Beats Geneva As Swiss Hedge Fund Location – Study
Dow Jones – Zurich and its surrounding region offers the best location as a base for asset managers and international hedge funds, according to a study published Tuesday. “Zurich has a clear edge over Geneva, and with the Pfaeffikon and […]
Hedge funds against EU short-sale disclosure proposals
Hedge Funds Review – Fund managers are opposed to the European Union’s proposed short-sale disclosure requirements. They fear the rules could distort financial markets and impede their ability to manage risk. The findings are contained in a study by the international management consulting […]
Comment: The Alternative Investment Management Association On Hedge Fund Regulation
New York (HedgeCo.net) – The global hedge fund industry is not ‘un-regulated’ or lightly-regulated. Hedge fund managers are already rigorously regulated in all the main jurisdictions in which they operate, and significant new regulation is being introduced internationally. That’s according […]
The Tribune, other papers, in hedge fund’s hands
The Salt Lake Tribune – The newspaper industry knows little about the inner workings of Alden, a hedge fund that has been quietly making investments in distressed media companies for three years, while its representatives repeatedly ignore requests for interviews. […]
Bonus pressure helps hedge funds poach IT talent
Recruiter – Pressure on banks to limit and defer bonuses and pay only a small percentage in cash enabling hedge fund start-ups to poach key IT staff from the banking sector, according to technology staffing specialist ReThink Recruitment. ReThink Recruitment […]
MAN Group to exploit brokers’ tips through ETF launch
Reuters – Hedge fund giant Man Group is to enter the ETF market with the launch of an innovative fund designed to exploit brokers’ tips. According to the Financial Times, Man GLG Europe Plus Source ETF, will trade brokers’ tips […]
Hedge Funds Reduce Bullish Copper Bets by Most Since August
Bloomberg – Hedge funds reduced their bullish bets on copper futures by the most in five months on concern that China, the world’s largest buyer, may take more steps to restrain its economy. Hedge funds and money managers cut net-long positions, […]