Author Archives: Editor
Caymans seek hedge fund families in growth push
Reuters – The Cayman Islands hope more hedge fund managers and their families will move to the off-shore centre as it seeks to boost tax revenues, the Caribbean territory’s prime minister told Reuters. The British overseas territory — legal home […]
The Greatest Trade Ever
NewsWeek – In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against the housing market made Paulson’s hedge fund billions of dollars—including days where it […]
Hedge Fund Returns up 0.17% in October – Early Estimates
HedgeCo.Net (New York) – Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish almost flat with a +0.17% return in October. Hedge funds had a slightly positive month overall with a widening dispersion of returns among strategies, based […]
Hedge Funds Are Ready for New Boom in Start-Ups: Matthew Lynn
Bloomberg – There are tough new regulations on the horizon. There are scandals and arrests. Investors, shaken by the credit crunch, are nervous about taking risks. Yes, there has never been a better time to polish your CV, shine your […]
Key oil figures were distorted by US pressure, says whistleblower
Guardian – The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic […]
The Evolving Competitive Landscape for Hedge Funds- Study
New York (HedgeCo.net) – A new independent study that examines the continued emergence of investment managers in the equity long and short marketplace and their convergence with hedge funds has been published by Pershing LLC, a BNY Mellon company, and […]
Dreier Fraud Case Leads to Guilty Plea by Ex-SEC Lawyer Miller
Bloomberg – Robert L. Miller, once an attorney at the U.S. Securities and Exchange Commission, pleaded guilty to federal charges that he helped imprisoned New York law firm founder Marc Dreier defraud hedge funds. Miller, the third person to plead […]
Regulatory Hedge Fund Reform Measures Gain Momentum
New York (HedgeCo.net) –Regulatory hedge fund compliance consulting firm, FrontLine Compliance LLC, sent out an alert announcing that the House Financial Services Committee has taken the first official steps toward actual financial regulatory reform. The Committee approved three bills that […]
Hedge fund scam suspect in on the run in Mumbai: FBI
Business Standard – Deep Shah, an Indian-origin suspect in the largest ever hedge fund scam in the US is on the run and is believed to be in Mumbai, federal authorities have said. Shah, 27, and Gautam Shankar, 35, were […]
Ernst & Young survey hedge funds moving swiftly for investors demand
Channel News Asia – A survey by accounting firm Ernst & Young has found that the global downturn is forcing hedge fund managers to respond swiftly to investors’ demands. The survey of 100 of the world’s largest hedge funds notes […]
UK Tsy’s Myners Calls For Onshore Hedge Fund Regime
WSJ – The U.K. should develop a viable onshore regulated hedge fund industry, Paul Myners, the U.K. Treasury’s financial services secretary, said Monday. Myners said he endorsed the findings of a government-sponsored report on the future of the U.K. asset […]
NY jurors to get case at hedge trial
AP – The case of two former Bear Stearns hedge fund managers charged with lying to investors is moving into the final stages. Deliberations were expected to begin Monday at the Brooklyn trial of Ralph Cioffi and Matthew Tannin. They’ve […]