Author Archives: Editor
Hedge Fund Man Research Laboratory Expands At Oxford
New York (HedgeCo.net) – Man Research Laboratory (MRL) and the Oxford-Man Institute of Quantitative Finance (OMI) opened new, larger premises in Jericho, Oxford, on 24 September, demonstrating that the two groups’ unique collaboration is flourishing as it moves into its […]
US tax chiefs target loans from hedge funds offshore
Reuters – U.S. tax authorities have advised staff in New York to pursue legal cases against hedge funds and companies that avoided taxes through loans that originated in the United States but are approved offshore. The Internal Revenue Service, in […]
Prime Brokerage Services Division Launch For Hedge Funds and Investment Advisers
New York (HedgeCo.net) – TradeStation Securities, Inc., has launched the TradeStation Prime Services division to fill the growing need of start-up to mid-sized hedge funds, the company said today. TradeStation Prime Services will be co-headed by Lance Baraker and William […]
Equity Market Neutral Traits That Help Hedge Fund Managers Stand Out
New York (HedgeCo.Net) – Credit Suisse’s Quantitative Equities Group released a new whitepaper, “Equity Market Neutral: Diversifier Across Market Cycles,” outlining the potential benefits of an Equity Market Neutral strategy. The paper details the various types of Equity Market Neutral […]
Griffin’s Citadel Securities to Unveil Credit Team in October
Bloomberg – Citadel Investment Group LLC will formally open its credit business next month as the $13.5 billion hedge fund founded by Ken Griffin expands into the market for leveraged loans and high-yield, high-risk bonds. The new group, part of […]
RAB Gold hedge fund down 18 percent
Reuters – A hedge fund run by RAB Capital that invests in gold has fallen about 17.5 percent since the start of June, the group said, missing a large rise in the gold price because of bad bets. The $35 […]
Harbinger to Acquire SkyTerra, Take It Private
The Washingtom Post – Reston-based satellite firm SkyTerra said Wednesday that it has agreed to be acquired by its biggest shareholder in a roughly $280 million transaction that will return the company to private ownership. Under the deal, New York-based […]
Barclays, GLG Partners, Abu Dhabi among Lehman claimants
Reuters – The list of investors filing billion dollar claims against Lehman Brothers illustrates the global damage caused by its collapse, with companies from the United States, Europe and Abu Dhabi making some of the largest demands. Barclays Bank, Morgan […]
Hedge-Fund Assets Rose by $21.4 Billion in August
Blomberg – Hedge-fund assets increased by $21.4 billion in August as managers completed their best year- to-date return in almost 10 years, driven by rising stock markets amid signs of economic recovery, Eurekahedge Pte said. Assets grew for a fourth […]
Hedge Funds Assets Rise for Fourth Month in August
Bloomberg – Hedge funds assets increased by $21.4 billion in August, rising for a fourth straight month, as managers investing in Europe outperformed, Eurekahedge Pte said. Assets grew for a fourth straight month, adding about $100 billion, the largest sustained […]