Author Archives: Editor
Event-Driven Hedge Fund Managers Gain 16% In 2010
Barrons – Last year, flexibility was the key to outperforming in hedge funds, according to a study by industry consultant Hennessee Group. In a report out today, it says that managers who keyed on moving as events seemed to dictate rather […]
SEC proposes reporting for large hedge funds
Investment Executive – The U.S. Securities and Exchange Commission proposed a rule Tuesday that would require advisors to hedge funds and other private funds to report certain information to the new U.S. Financial Stability Oversight Council. Under the proposal, larger […]
Cyber Security & Hedge Funds
New York (HedgeCo.net) – With details trickling in about how the sophisticated Stuxnet computer worm derailed years of work on Iran’s nuclear program, many seasoned observers are left to wonder what might happen if such a powerful weapon were ever […]
Morningstar Predicts Hedge Fund Takeover Candidates
New York (HedgeCo.net) – Independent hedge fund research firm, Morningstar, Inc., has published its Merger and Acquisition Outlook for 2011, identifying the 100 most likely takeover candidates across Morningstar’s equity coverage universe. “While global merger and acquisition activity has been […]
Finance industry “almost lawless”, says Toscafund
Reuters – The financial services industry is practically “lawless” and needs better regulation of individuals entering the sector, a partner at Toscafund, one of the UK’s most high-profile hedge fund firms, said on Monday. Savvas Savouri, partner and chief economist […]
Blankfein Flunks Asset Management as Jim Clark Vows No More Goldman Sachs
Bloomberg – On Jan. 2, Jim Clark, a founder of such technology icons as Netscape Communications Corp. and Silicon Graphics Inc., was at home in Palm Beach, Florida, when he got an e-mail from an executive at Goldman Sachs Group Inc.’s private […]
US hedge funds set to relaunch legal fight to Porsche/VW deal
Arabian Business – US hedge funds are likely to relaunch a legal bid targeting a planned merger between carmakers Porsche and Volkswagen, both of which Qatar Holding owns a minority stake in, VW’s finance chief said. “There is a high […]
Mittal Heiress Buys Stake in Roc Capital
New York Times – Vanisha Mittal Bhatia, the only daughter of the world’s fifth-richest man, Lakshmi N. Mittal, ArcelorMittal’s chief executive, recently purchased a sizable stake in the quantitative hedge fund Roc Capital, according to a filing with the Securities […]
Prospect Targets Asset Increase After Freeze’s Japan Hedge Fund Gains 210%
Bloomberg – Curtis Freeze, who has been investing in Japan for more than 20 years, aims to rebuild his firm’s assets after they fell more than 85 percent from their peak. Honolulu-based Prospect Asset Management Inc., which manages $280 million, […]
Thames River names new property hedge fund manager
Reuters – Fund manager Thames River Property Investment Trust has appointed Raymond Lahaut as lead manager of its Longstone property hedge fund, replacing Christian Roos who is to join De Putron Fund Management. Thames River Property Investment Trust is managed by […]
Hedge Funds Have Big Stake in Gold’s Direction
Emii.com – The 5 percent or so pullback in the price of gold as well as gold exchange traded funds and mining stocks in recent weeks has sparked a debate over whether gold’s rapid runup has peaked, or simply a […]