Author Archives: Editor
Hedge funds grow by £8bn
This Is Money – Investors entrusted hedge funds with more than £8bn of their cash during November, as a revival in the fortunes of the secretive £1 trillion industry continued. November saw $13bn (£8.3bn) pumped into hedge funds, according to […]
Report: Hedge Funds Up $13 Billion, Bright Year Ahead
New York (HedgeCo.net) – The hedge fund industry posted an estimated inflow of $13.0 billion (0.8% of assets) in November 2010, the fifth straight inflow as well as the heaviest since February 2010 according to TrimTabs Investment Research and a […]
Goldman Sachs traders leave to set up new fund
Bobs Guide – A team of proprietary traders at Goldman Sachs are leaving the investment bank to set up a new hedge fund, a newspaper report has claimed. According to the Financial Times (FT), which cited unnamed sources familiar with the […]
Indian-American charged in US’ biggest insider trading case
ND.TV – An Indian-American is among four persons charged by US authorities as part of a wide-ranging investigation involving the multi-billion-dollar Galleon Group hedge fund scam, the biggest insider trading case in the country. Sunil Bhalla, a senior executive with […]
Top Harbinger Official Leaves to Start Own Firm
NYT – After more than eight years working beside Philip A. Falcone, the currently embattled hedge manager of Harbinger Capital Partners, Lawrence Clark, a top investment manager at the firm, confirmed Monday that he had left to start his own […]
Ex-TCI Asia Head’s Hedge Fund Raises $500 Million, Returns 35%
Bloomberg – John Ho, former Asia head of the Children’s Investment Fund Management UK LLP, has stopped marketing his hedge fund to new investors after assets expanded to about $500 million in its first year. Janchor Partners Pan Asian Fund […]
Centaurs Energy Master Hedge Fund Fined for Violating Nymex Trade Limits
Bloomberg – Centaurus Energy Master Fund LP, a Houston-based energy hedge fund run by former Enron Corp. trader John Arnold, was fined $15,000 by New York Mercantile Exchange for violating position limits in natural gas. Centaurus exceeded limits for the expiring […]
Hedge fund claims Tiffany is 2011 takeover target
Professional Jeweller -Investment fund Bernheim, Drefus & Co believes that luxury jewellery Tiffany & Co could be subject to a takeover bid by a luxury conglomerate in 2011. The Paris-based hedge fund manager said that there are three “likely acquirers” – […]
UCITS Hedge Fund Strategy Index finish 2010 at +5.05%
New York (HedgeCo.net) – The UCITS HFS Index reported a positive performance for the sixth month in a row and returned +0.60% in December. The broad index started slightly positive into the month with a first week return of +0.17%. […]
Carlsberg chief calls for hedge fund crackdown
Telegraph – In an interview with The Daily Telegraph, Jorgen Buhl Rasmussen said activity by some hedge funds was “value destructive” and that regulators should look at imposing controls on a global basis. He warned that such a move would, however, […]
Goldman Sachs traders to start £190m City hedge fund
London Evening Standard – Goldman Sachs’ last large team of proprietary traders is planning to leave the bank to start an independent hedge fund, according to reports. The team led by Daniele Benatoff and Ariel Roskishas has got an investment […]
Bets on Wheat Rally Climb to Highest Since September
BusinessWeek – Hedge funds increased their bullish bets on wheat to the highest since September as adverse weather from Australia to Argentina threatens to damage crops and tighten global grain supplies. The funds and other large speculators held net-long positions, […]