Category Archives: Syndicated
Hedge Funds: The Most Expensive Bargain In Town
Seeking Alpha – In all the hullaballoo about hedge funds and the fees they charge, we often miss the important fact that hedge funds have been very successful in generating high risk-adjusted returns at a time when stocks and bonds […]
Myriad, Azentus Post Gains as Asian Hedge Funds Beat Peers
Bloomberg – Myriad Asset Management Ltd. and Azentus Capital Management Ltd. posted gains in 2012 as a market rebound in the last four months of the year helped Asian hedge funds outperform global peers. The Myriad Opportunities Master Fund, a $1.4 billion […]
Insider trading sparks concerns
Nature – It is as predictable as a heartbeat: when crucial medical results are at hand, cardiologist Jean-Luc Vachiery knows that the hedge-fund managers will come calling. Vachiery, who tests experimental therapies for a rare condition called pulmonary arterial hypertension at the […]
Why Twitter and Facebook are stockpickers’ friends
Telegraph – Derwent Capital Management (DCM), which used to run a hedge fund based on Twitter feeds, said it wanted to “create a community of better informed traders”. “Social media creates a vast amount of information, and it has been proven that […]
LindenGrove launches first hedge fund with NewAlpha seed capital
Hedge Funds Review – Former Nomura proprietary traders have launched their first hedge fund. The global macro fund, with a particular focus on inflation and credit, has received seeding from NewAlpha Asset Management. LindenGrove Capital, the hedge fund manager established […]
RBS to Slash Bonuses to Pay LIBOR Fines
HedgeWorld – Royal Bank of Scotland is preparing to slash bonuses for its investment bankers this year to help pay fines for its role in an interest rate rigging scandal, a source familiar with the situation said. The partly state-owned […]
Clearinghouses Embroiled in Swaps Data Fight
Reuters – The CME Group and Depository Trust and Clearing Corporation are locked in a controversial battle regarding the dissemination of cleared swaps data to regulators and the public, a primary tenet of the G20 regulatory commitments and Dodd-Frank statute, […]
Hedge-Fund Leverage Rises to Most Since 2004 in New Year
Bloomberg – Hedge funds are borrowing more to buy equities just as loans by New York Stock Exchange brokers reach the highest in four years, signs of increasing confidence after professional investors trailed the market since 2008. Leverage among managers […]
Hedge funds say good riddance to 2012
CNN Money – Harpooning JPMorgan’s London Whale? Nope. Despite sniffing out and profiting from JPMorgan’s bet on an obscure credit derivative index, Boaz Weinstein’s Saba Capital appears to have lost money for investors in 2012. The fund lost 2.7%, through […]
Obama nominates Lew to succeed Geithner at Treasury
Reuters – President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of U.S. government spending cuts and deficit reduction. If confirmed by […]
London Quantitative Hedge Funds Report Second Year of Losses
Bloomberg – Hedge funds that use computers to follow trends lost money for a second straight year in 2012 as political debates over the U.S. fiscal cliff and Europe’s sovereign-debt crisis roiled markets. The Newedge CTA Trend Sub-Index, which tracks […]
Clive Hedge Fund Assets Said to Fall by 46% After Loss
Bloomberg – Clive Capital LLP’s assets plunged 46 percent in 2012 after the commodity hedge fund lost money for a second year running and investors withdrew their cash, said two people with knowledge of the matter. Clive ended the year […]