Category Archives: Syndicated
13 hedge funds get Sebi approval
FC – More than a dozen hedge funds have received the regulatory nod after the Securities and Exchange Board of India (Sebi) allowed hedge fund-like strategies to launch operations in India under alternative investment fund (AIF) Category-III segment. The funds […]
Hedge funds sit out the emerging market turmoil
CNBC – Hedge funds usually thrive on volatility, but many of them are sitting out the emerging market turmoil even as they become more positive on the segment. Greater differentiation among global emerging markets, leading to less correlation within the […]
Markowitz attacks hedge fund diversification claims
Risk.net – Nobel prize winner Harry Markowitz says alternative investments may not deliver the diversification benefits sought by investors. Harry Markowitz, one of the pioneers of modern portfolio theory and 1990 Nobel prize winner, has claimed alternative investments such as […]
Hedge Fund Wants Nintendo to Make Mobile Games
WSJ – A Hong Kong hedge fund manager called on Nintendo Co. on Wednesday to begin developing and selling mobile games, a sign of growing dissent among shareholders of the world’s largest videogame company. In a letter seen by The […]
This $73 Billion Hedge Fund Is Buying Memory, Drugstores, and Telecom
The Motley Fool – The latest 13F season is commencing, when many money managers issue mandatory reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some […]
Paul Ferrarese to Head Business Development at Whitehaven Asset Management
WSJ – The head of municipal-bond institutional sales at Goldman Sachs & Co. is joining a new hedge fund manager, seeking to take advantage of opportunities in a market that has been rattled by Detroit’s record-setting bankruptcy and fiscal problems […]
Hedge fund manager Loeb launches proxy battle at Sotheby’s
Reuters – Billionaire hedge fund manager Daniel Loeb is mounting a proxy fight at Sotheby’s with the goal of winning three board seats after the auction house’s promise to return $450 million to shareholders failed to appease activist investors. Loeb’s […]
SEC Announces Charges Against Arizona-Based Private Equity Fund Manager in Expense Misallocation Scheme
The Securities and Exchange Commission today announced charges against an Arizona-based private equity fund manager and his investment advisory firm for orchestrating a scheme to misallocate their expenses to the funds they manage. The SEC Enforcement Division alleges that Scott […]
Connecticut Lender Faces Civil Money Penalty for Violating RESPA
LoanSafe – On Monday, the Consumer Financial Protection Bureau ordered a Connecticut mortgage lender, 1st Alliance Lending, LLC (First Alliance), to pay an $83,000 civil money penalty for violating federal law by illegally splitting real estate settlement fees. First Alliance self-reported these […]
A Former Hedge Fund Manager Is Selling His Florida Beach House For $US13 Million
Business Insider – Alberto Franco, emerging market expert and former hedge fund manager at Quantek Frontier, is selling his modern South Florida beach front home, the Wall Street Journal reports. According to the listing, the 8,960 square foot residence offers an […]
Hedge Funds Faith in BOJ Easing Fades as Yen Shorts Cut
Bloomberg – Hedge funds are losing confidence in Bank of Japan Governor Haruhiko Kuroda’s ability to keep depreciating the yen to boost growth and banish deflation as they wait for a second round of monetary easing to materialize. Speculators and other leveraged […]
A Hedge Fund Manager Says SAC Taint Is Manageable
NYT – Dmitry Balyasny is one hedge fund owner who isn’t afraid of hiring traders from SAC Capital Advisors as long as they were far away from the “messiness” that engulfed the firm during the federal government’s crackdown on insider […]