Author Archives: Editor
Ex-hedge fund manager in SEC insider trading accord
Reuters – A former hedge fund manager and a pharmaceutical executive have agreed to settle federal insider trading charges related to the 2007 takeover of biotechnology company MedImmune Inc, the U.S. Securities and Exchange Commission said on Wednesday. Stephen R. […]
China May See First Hedge Fund Registered
Shanghai Daily – E Fund Management Co plans to launch China’s first officially registered hedge fund to limit market risks through stock index futures and maximize returns of each unit of risk. The country’s second-largest asset management company will be able […]
People Moves: Lakeview Fund of Hedge Funds Appoints Tony Lissuzzo as Portfolio Manager
New York (HedgeCo.net) – Activist fund of hedge funds, Lakeview Investment Managent, has appointed Tony Lissuzzo as Portfolio Manager of the Lakeview Opportunity Funds. Lissuzzio will be responsible for portfolio management as well as manager due diligence. Based in Chicago, […]
Hedge Funds Seek to Prevent Ambac From Taking Bond-Insurance Unit’s Assets
Bloomberg – Hedge funds including King Street Capital LP and Stonehill Capital Management LP filed a motion seeking to prevent Ambac Financial Group Inc. from taking assets out of a bond-insurance unit. The policyholders filed a motion in the circuit court […]
Hedge fund managers more bearish on US stocks
The Economic Times – Almost half of all hedge fund managers are bearish about the US stock market, up from 33 per cent a month earlier, according to a new report released on Monday. Forty-seven per cent of 104 hedge […]
Hedge funds see Microsoft as a bargain
Reuters – Top hedge fund managers like Dinakar Singh and David Einhorn scooped up Microsoft Corp shares in the second quarter, taking advantage of historically low price-to-earnings multiples for the world’s largest software company. Microsoft — whose systems run more than […]
Analysis: Major hedge funds cut back equity risk
Reuters – Even some of the savviest hedge fund managers got burned in 2008 by sticking with their hot stocks for too long as the market tumbled. Now, with fresh signs of weakness in the U.S. economy, they are positioning […]
Hedge funds cut BofA for Citi
Reuters – Hedge fund manager Lee Ainslie swapped a bet on one big bank for another in the second quarter, selling off all his shares of Bank of America Corp and investing in Citigroup Inc instead. Ainslie’s Maverick Capital was joined […]
Yuan revaluation drives hedge fund flows
Financial Standard – Investors flocked to Asian hedge funds in the second quarter, attempting to take advantage of China’s moves towards increased currency flexibility, according to a note by US-based Hedge Fund Research. Asian hedge funds experienced net inflows of […]
The Continuing Evolution Of UCITS In Ireland
HedgeWeek – Market commentary and discussion on the merits and limitations of alternative Ucits funds continue to generate considerable interest for hedge fund managers and their investors. The interest is backed by recent statistics from the European Fund and Asset […]
JP Morgan cements ties to London
Telegraph – JP Morgan Asset Management (JPMAM) is on the verge of appointing the former head of BlackRock’s European arm to run its global institutions franchise from London, in a further sign of the bank’s continued commitment to the UK. […]
Hedge Fund Launches: Merrant Select Market Neutral Fund
New York (HedgeCo.net) – Swedish fund of hedge fund manager, Merrant, has announced the launch of the Merrant Select Fund to a broader range of institutional investors in September 2010. “We search for highly liquid strategies that can generate sustainable […]