Category Archives: Syndicated

‘Crunch time’ for Britain’s big four banks as competition inquiry launched

Guardian – Britain’s major banks are to be subjected to an 18-month investigation into how they treat their small business and personal customers in a move welcomed by consumer bodies and the new entrants trying to break the stranglehold of […]

Singer Seeks Order to Keep Argentine Lawyer in U.S.

Bloomberg – Billionaire hedge fund managerPaul Singer’s NML Capital Ltd. asked for an emergency court order to keep Argentine lawyer Cesar Guido Forcieri in the U.S. to answer questions about assets that might be tapped to pay off $1.7 billion […]

Hedge funds with India focus set for a sizzling show

Economic Times – India-focused hedge funds could be poised for their best performance in five years, data from industry tracker Eurekahedge showed. The Singapore-based research house has said assets under management (AUM) of India-focussed hedge funds have risen to $2.8 […]

Liquid Alternatives: Hedge Funds and Private Equity Funds for the Masses?

Forbes – In concept, liquid alternative are alternative investments such as hedge funds and private equity funds that are available to any investor. Whereas traditional alternative investments can only be purchased by accredited investors (i.e., people with a net worth […]

Hedge Fund Prime Capital Cuts $93 Million Bet on 500.com

Bloomberg – Prime Capital Management Co. is scaling back its wager on 500.com Ltd. (WBAI), underlining concern about the online bookmaker’s viability. The hedge fund, overseen by Liu Yijun, cut its stake in the Shenzhen, China-based company to $27 million […]

Hedge Fund, Investor Groups Hammer Swaps ‘Stays’

WSJ – Hedge funds, insurers and other companies said global regulators shouldn’t implement new rules aimed at protecting the financial system against the failure of big banks. At issue are changes endorsed by global banking regulators that would require banks […]

S.F. retirement system postpones meeting on hedge fund vote

SFGate – The president of the San Francisco Employees’ Retirement System board canceled a meeting scheduled for Wednesday to vote on a controversial proposal to put 15 percent of the system’s assets in hedge funds. The system gave no reason […]

Hedge Fund Kingsguard Said to Close After October Losses

Bloomberg – Kingsguard Advisors LP, a global macro hedge-fund firm started in 2012 by two former Goldman Sachs Group Inc. traders, is shutting down after losses in October, according to two people familiar with the matter. Rishi Chadda and Cyrus […]

Some Hedge Funds Profit From Steep Decline in Oil Prices

WSJ – Some nimble energy investors are making money off the steep slide in oil prices, dodging the hit that financial markets and oil producers have suffered. Hedge-fund managers including the team of George “Beau” Taylor and Trevor Woods, and […]

Platt’s $50 Billion Hedge-Fund Dream Deferred

Bloomberg – When billionaire Michael Platt flew to the Middle East in September 2013, he was running one of the world’s largest hedge funds. He wanted to make it bigger. He told investors at the region’s sovereign-wealth funds that his […]

Some U.S. hedge funds’ losses blunted by late-month market rally

Reuters – A recovery on the stock markets in the second half of October helped some hedge funds bounce back from frightful losses by Halloween, with many posting declines of less than a few percent for the month and some […]

German SPD Blocks Revised Bank-Split Plan on Hedge Funds

Bloomberg – Germany’s Social Democratic Party rejected a Finance Ministry plan to allow banks to make secured loans to hedge funds while complying with laws to split risky activities and commercial banking. Blocking the proposal leaves banks facing uncertainty ahead […]