Category Archives: Syndicated
Fund of hedge funds face fight for cash with consultants
Reuters – Funds that invest in a range of hedge funds are facing a battle to win new business, as the same consultants they court to win money from pension firms are grabbing a chunk of an industry that was […]
Hedge fund manager Davide Serra alleges price manipulation in shorting attack on Quindell
Telegraph – Davide Serra, the hedge fund manager who has advised the Government on the future of banking, has complained to regulators on both sides of the Atlantic about last week’s shorting attack on country club-turned-legal outsourcer Quindell Portfolio. The […]
Hedge Funds Short Small Caps Most Since ’04 Russell Falls
Bloomberg – Money managers are turning on stocks that have delivered the best returns during the bull market: small caps. Large speculators such as hedge funds are betting $2.8 billion this month that the Russell 2000 Index will fall. That’s […]
Adviser ISS backs hedge fund vote against Nexans boss
Reuters – ISS Proxy Advisory Services is advising shareholders in Nexans to back a hedge fund resolution to dismiss its Chairman and Chief Executive Frederic Vincent from the board at the French cablemaking company’s May 15 annual meeting. Corporate governance […]
WG Trading’s Walsh pleads guilty in long-running fraud case
Reuters – More than five years after his indictment, a U.S. money manager and one-time part owner of the New York Islanders hockey team pleaded guilty Friday [April 25] to engaging in a massive securities fraud. Stephen Walsh, the former […]
SEC Plans Review Of Hedged Mutual Funds
Barron’s – Yesterday Associate Director Jane Jarcho said in an interview that the regulator will test about 25 alternative mutual funds over the next several months. The tests are meant to review whether these funds are complying with leverage and liquidity rules […]
Soros Asia hedge fund spin-out hires ex-Goldman exec as CFO
Reuters – Pleiad Investment Advisors, a hedge fund spin-out from Soros Fund Management, has hired former Goldman Sachs prime brokerage executive Vien Chiu as its chief financial officer, as it prepares to launch in the third quarter of 2014. Johannes […]
Hedge Fund Billionaire Tom Steyer Comes Under Republican Attack
Forbes – When liberal billionaire Tom Steyer ran his hedge fund firm, he worked so hard to stay under the radar that his Farallon Capital Management was known as a secretive operation in the investment community. He avoided publicly and guarded his privacy […]
Daley, Former White House Chief of Staff, Joins Hedge Fund
NYT – William M. Daley, a former White House chief of staff, has joined an upstart hedge fund based in Switzerland in a return to the financial industry. Mr. Daley, 65, who was a JPMorgan Chase executive before joining the […]
Hedge fund Greenlight Capital warns of tech stock bubble
SFGate – Greenlight Capital Inc., the $10.3 billion hedge fund firm run by David Einhorn, said it is betting against a group of technology stocks as evidence grows of a bubble. “There is a clear consensus that we are witnessing our second […]
If You Can’t Beat Bill Ackman And The Hedge Fund Barbarians, Join Them
Forbes – For decades, chief executives and corporate directors were coached to resist the onslaught of hedge fund activists and other corporate raider investors. Armies of investment bankers and lawyers backed the CEOs and board members, called the activists derisive […]
Draft hedge fund regulations released
Johannesburg – In-depth draft regulations to expand the scope of oversight over hedge funds were released for public comment by the Treasury and Financial Services Board (FSB) last week. The Treasury and the FSB said South Africa, as a committed […]