Category Archives: Syndicated
Hedge Funds Wounded in “Diabolical” Stock Market
EliottWave – Many big hedge funds have invested heavily in high-flying technology stocks like Twitter, Yahoo!, Priceline and Netflix. And as the price of those shares has fallen recently, hedge fund losses have been sizeable. The technology-heavy Nasdaq Composite index […]
HS Group to invest in new Hong Kong hedge fund Pleiad
VC Post – HS Group Ltd (HSG) will be making its first investment in Hong Kong-based hedge fund Pleiad Investment Advisors. Although the exact amount to be invested is unconfirmed, Pleiad received a total commitment of over $150 million from […]
Hedge Funds Shake Financial System More Than Banks During Crises: Study
Think Advisor – Hedge funds may play an even bigger role than banks in transmitting financial shocks to the rest of the market, and thus may intensify systemic risk more than previously thought, according to new research. An economic letter issued last […]
Hedge fund king Bill Ackman and his wife give $17 million to Harvard
Biz Journals – Hedge fund manager Bill Ackman and his wife Karen have donated $17 million to Harvard University through their Pershing Square Foundation. The gift will go to Harvard’s Foundations of Human Behavior Initiative and endow three professorships and create a […]
Argentina Asks Supreme Court to Protect It From ‘Vulture’ Hedge Fund
BusinessWeek – It’s hard to decide which is the less sympathetic party appearing before the U.S. Supreme Court today. Is it Argentina, which has repeatedly defaulted on foreign debt? Or is it a hedge fund controlled by billionaire Paul Singer, […]
Allegations of Fraud Plague Hedge Fund of Democratic Super-Donor
The former hedge fund of one of the Democratic Party’s most important donors was allegedly involved in a scheme to defraud foreign investors out of tens of millions of dollars, according to documents filed in a Texas court. Farallon Capital […]
2 Hedge Fund Titans Agree to Buy the Milwaukee Bucks
Dealbook – Two Wall Street bigwigs, Marc Lasry and Wesley Edens, have a taste for distressed assets. So the Milwaukee Bucks, the basketball team that currently holds the worst record in the N.B.A., is right up their alley. Read Complete […]
Influence of banks, hedge funds on commodities lowest since 2008
Reuters – United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008. In a 2012 report for the […]
Indian hedge funds outperform peers in Q1
The Hindu Business Lone – Indian hedge funds outperformed many of their global peers during the January-March quarter of 2014, rising 5.4 per cent. According to the latest data from independent financial data and research firm Eurekahedge, hedge funds focused […]
SA hedge fund regulations published
Johannesburg – Draft regulations and a related explanatory memorandum for hedge funds were published for public comment on Thursday, the Financial Services Board (FSB) and Treasury said. “The intention is to still finalise the regulations by the second quarter of […]
Hedge funds pose biggest risks in crises: Fed study
Reuters – Hedge funds, not banks, may be the most important transmitters of shocks during financial crises, according a study published Monday by the Federal Reserve Bank of San Francisco. The finding suggests that hedge funds may be a bigger […]
UBS’s Rajeev Misra Said to Plan Move to Fortress Hedge Fund
Bloomberg – Rajeev Misra, UBS AG’s former co- head of fixed-income, is preparing to leave the Swiss bank for Fortress Investment Group LLC, two people with knowledge of the matter said. Misra, who has served as a senior adviser to […]