Category Archives: Syndicated

Swiss fear role as haven for secretive resource traders will cost the country

Guardian – There are no oil rigs on Lake Geneva but each year enough oil to meet Swiss needs 75 times over is traded electronically in the nondescript offices that hug the shore of the largest lake in the Alps. […]

Hedge Funds Find Tech Stocks in the Bargain Bin

BusinessWeek – Fans of tech stocks and train wrecks got to combine their interests in 2012, as several high-profile companies endured an awful year: Shares of Facebook are off 31 percent, Zynga is down 73 percent, and Groupon is at […]

Hedge funds feel squeeze of tighter bank curbs

Reuters – Tighter capital rules being imposed on banks to reduce risk in the financial system are starting to trickle down to hedge funds looking to borrow money to trade. A J.P. Morgan & Chase executive said Thursday the tougher […]

In Battle With Hedge Funds, a Small Victory for Argentina

DealBook – A decade-long quest by hedge funds led by Elliott Management and Aurelius Capital Management to force Argentina to pay up on the country’s defaulted debt is going to last a bit longer. On Wednesday, the United States Court […]

Nordic Business Media acquires HedgeNordic.com

HedgeFonder – Nordic Business Media AB, the company publishing HedgeFonder.nu, in November 2012 acquired the website and business of HedgeNordic.com. “Over the next weeks, we will merge the index databases of HedgeNordic and HedgeFonder.nu news service to one website which will […]

Another View: Donald Sussman supports increase in hedge fund taxes

Portland Press Herald – The recent letter about U.S. Rep. Chellie Pingree and her husband, Donald Sussman, notes that Mr. Sussman is in the hedge fund industry, and notes that President Obama had been critical of the law that allows […]

Clearstream opens Dublin hedge fund processing centre

Automated Trader – Clearstream has established a branch in Dublin to extend its post-trade offering in the area of investment funds to hedge funds. Clearstream Banking S.A., Dublin Branch, will extend the company’s investment funds business to alternative funds and […]

Greek debt deal turns hedge fund trade to gold

Reuters – For a few hedge funds, Greek debt is turning into one of the trades of the year. News that Athens – backed by euro zone ministers and the International Monetary Fund – will buy back some its own debt from […]

Hedge Funds Love These 3 Profitable And Buy Rated Drugmakers

Seeking Alpha – Do you like to follow the buying trends of smart money investors? We ran a screen to find drugmaker stocks currently in favor by hedge fund managers. We began by screening for stocks with high growth projections, […]

Goldman CEO Blankfein To Meet With Obama

Reuters – Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd Blankfein is among the business leaders invited to the White House tomorrow as President Barack Obama seeks their support for his approach to addressing the fiscal cliff, according to two people familiar […]

Harvard doctor turned hedge fund felon lured by ambition, riches

Bloomberg – From the age of six, Joseph F. “Chip” Skowron III aspired to be a doctor. At Yale, he earned both a medical degree and a doctorate in molecular and cellular biology, then qualified for Harvard’s elite, five-year residency […]

Hedge funds face profit headache in 2013

Reuters – Hedge funds’ glory days seem a long way off as they head into a tricky 2013, with bumper profits likely to remain elusive in markets now dominated by political and central bank action. Speakers at the Reuters Global […]