Author Archives: Editor
Are States Up To New Job Of Policing Hedge Funds?
Forbes – One aspect of the Dodd-Frank financial services reform law that is only now beginning to attract notice in the mainstream press is the fact that each individual state will soon be responsible for licensing, monitoring and overseeing all […]
Retired tech exec’s hedge fund hit with lawsuit
Mercury News – A father and son who ran a pair of small hedge funds catering to Silicon Valley Indian professionals are defending themselves against a lawsuit filed by angry investors who say the two hid big losses in 2008. […]
The Hedge Fund Ties that Bind Bewkes and Zakaria
The Wrap – Time Warner CEO Jeff Bewkes and his new symbol of corporate synergy, star journalist Fareed Zakaria, are more than friendly fellow travelers of elite circles that stretch from the Yale trustee board to the Council on Foreign Relations. According […]
U.S. ends probe of hedge fund “idea dinner”
Reuters – Hedge fund managers can go back to eating, drinking and sharing trading ideas now that sources say federal investigators have dropped an inquiry into whether a group of money-managers conspired at a so-called “idea dinner” to drive down […]
Billionaire Stanley Druckenmiller to shut down Duquesne hedge fund
The Washington Post – Stanley Druckenmiller, one of the most successful hedge fund managers ever, has flirted with the idea of quitting several times in the past 10 years. A month ago, he got serious. That’s when friend Johann Rupert […]
Hedge Funds Cut Bullish Gasoline Bets by Most Since 2006
Bloomberg – Hedge funds cut bullish bets on gasoline by the most in almost four years as petroleum stockpiles surpassed the highest level since 1990 and the U.S. vacation season drew to an end. Hedge funds and other large speculators […]
SEB’s fund of hedge funds arm to launch first Newcits offering
CityWire – London based fund of hedge funds firm Key Asset Management is launching its first Newcits fund in response to growing demand from its high net worth clients, according to HFMWeek. With a provisional October launch date, the fund, […]
Hedge Fund Launch: Gravitas Knowledge Process Outsourcing
Press Release – Gravitas, a leading provider of business consulting and technology solutions to the alternative investment and financial services industries, announced today the launch of Gravitas Knowledge Process Outsourcing (KPO). Gravitas KPO services provides alternative investment managers with access […]
Hedge Fund Boosts Red Cross Flood Relief in Pakistan
New York (HedgeCo.net) – Hedge fund service organization Harris Financial Corp., is supporting the Red Cross flood relief and recovery efforts in Pakistan with a $100,000 contribution from the bank’s parent company, BMO Financial Group. Additionally, through Sept. 17, 2010, […]
Korea’s KNOC makes £1.87bn hostile bid for UK oil explorer Dana Petroleum
Telegraph – The Korea National Oil Corporation announced the £18-a-share cash offer on Friday, taking it straight to shareholders after Dana’s board rejected an approach at this level last week. KNOC said it had the support of investors which an […]
A hedge fund pioneer looks at 30
CNN Money – The most consistent hedge fund managers in this game are very matter of fact and common sense people. They have their own repeatable risk management process. They are as competitive as a professional athlete in executing it. […]
Emerging-Market Hedge Funds Saw $1.5B In 2Q Outflows
WSJ – Hedge funds that invest in emerging markets recorded net outflows of $1.5 billion during the second quarter of this year, marking the seventh quarter of net redemptions the group has seen in the last eight quarters, an industry […]