Category Archives: Syndicated
Outgoing commissioner Sommers criticises CFTC approach to Dodd-Frank
Hedge Funds Review – After resigning her post as CFTC commissioner at the start of 2013, Jill Sommers has spoken out about the way the regulator forced compliance with Dodd-Frank when market participants were not ready. The US Commodity Futures Trading […]
Barclays halts agriculture trading with hedge funds
Reuters – Barclays is halting agricultural trading with hedge funds in a move to burnish its reputation amid a major overhaul, but will still market index-linked investment products in the sector. The British bank is among several financial institutions to […]
Blackstone Said to Add Executive in Push for Fund Stakes
BusinessWeek – Blackstone Group LP hired Anthony Maniscalco to help run a new business that will buy stakes in hedge-fund managers, said three people familiar with the plans, as the firm tackles an investing area where institutions such as Goldman […]
Andurand Hedge Fund Takes On Olympic Gold Medalist as Analyst
Bloomberg – Andurand Capital Management LLP took on as an intern Clement Lefert, winner of a swimming gold medal at the London 2012 Olympics, as the oil and commodities hedge fund expands its team after it began trading Feb. 1. […]
Billion Dollar Hedge Fund Mgr Goes After Putin And Russia, This Time In Europe
Forbes – Bill Browder, the founder of Hermitage Capital Management in London, is doing his best to embarrass Russian leader Vladimir Putin and the Russian government once again. After successfully and single-handedly lobbying for the passing of the Magnitsky Act in the U.S. Senate in […]
Hedge fund steps up Wausau Paper takeover attempt
Gannett – A Manhattan-based hedge fund this week continued its push to take over Wausau Paper with three new nominations for the paper company’s board of directors. Starboard Value LLC, which owns nearly 15 percent of outstanding Wausau Paper stock, […]
German Banks Will Consider Hedge Fund Exit, Fitch Says
Bloomberg – German banks may exit proprietary trading and hedge-fund businesses rather than set up separate units under a government plan to strengthen the finance industry, according to Fitch Ratings Ltd. The banks could opt to stop “restricted activities rather […]
Hedge-fund long positions in S&P 500 on rise
MarketWatch – Hedge-fund long positions in the S&P 500 Index rose in the past week, once again crowding long positions for speculators, according to a Bank of America Merrill Lynch note Monday. Large speculators bought $11.5 billion in S&P 500 futures […]
Hedge Funds’ Fourth Bullish Week Boosts Copper Bets
Business Week – Hedge funds increased bullish commodity bets for the fourth straight week and became the most bullish on copper since December on signs of faster growth in the U.S. and China. Speculators boosted net-long positions across 18 U.S. […]
HF Investors and Managers Differ On Impact of New Regulations
All About Alpha – Hedge fund managers are a good deal more apprehensive about the consequences of newly imposed regulations in the U.S. and Europe than are their investors, according to a survey newly released by Preqin and discussed in […]
Bank Regulation May Hit Deutsche Bank Harder Than Expected
WSJ.com – Germany’s plans for tighter financial market regulations is likely to hit Deutsche Bank DBK.XE -0.75% harder than once expected. That’s because the legislation, which will require big banks to separate retail and investment activities, will be especially stringent […]
Ex-Hedge Fund Boss Lost Claim Versus RBS on Ponzi Account
Bloomberg – A former hedge-fund manager who invested about 20 million pounds ($31.4 million) in a Ponzi scheme lost a claim against Royal Bank of Scotland Group Plc’s NatWest unit, which operated accounts used in the fraud. Jeremy Stone, a […]