Category Archives: Syndicated
Form PF disclosure time begins in July for managers
Pensions & Investments – As federal regulators hunt for systemic risk to financial markets in new reports required of private fund managers, institutional investors are likely to start demanding some of the same information, industry analysts say. This summer starts a […]
EU Summit To Fail As Capital Flight Accelerates On Hedge Fund Bund Shorting
Forbes – Despite being talked up as Europe’s “do or die” moment, the EU summit scheduled for June 28 and 29 won’t provide any closure and will once again disappoint. The smart money is already betting against the euro, with […]
Court Finds Hedge Fund Manager in Contempt
Courthouse News Services – A federal judge found a Bay Area hedge fund and its manager in civil contempt for not paying over $13 million still owed on a judgment in a securities fraud case and threatened jail time if the judgment […]
Hedge Fund Manager Wants 35 Percent Of Ex-Wife’s Shoe Collection
DealBreaker – Daniel Shak is the founder of SHK Management, a hedge fund that reportedly “pulled the plug on its sole investment, spread trades on Comex gold futures,” last year. Daniel Shak is also the ex-husband of Beth Shak, who […]
Hedge funds short stocks, bid up gold
MarketWatch – Hedge funds, which were underperforming the S&P 500 for the month as of June 20, have been cutting their exposure to the stock market while bidding up gold, according to a Bank of America/Merrill Lynch analysis. The investment […]
When scientists become hedge fund managers
FT – There are many gems in the annual report of the Bank of International Settlements that came out on Sunday. One of the most intriguing is a trail which leads to an actual estimate of the cost to society of scientists […]
Hedge fund launches at highest since last quarter of 2007
Opalesque – In the week-ending 22 June 2012, Hedge Fund Research revealed that hedge fund launches totaled 304 in the first quarter, narrowly eclipsing the 298 launches in 1Q11 for the highest quarterly total since 4Q07; Citigroup’s former head of proprietary trading […]
Focus on Oyster funds – Europe credit trades, and how to hedge them
Investment Europe – Many credit managers may have lost sleep over Europe’s debt crisis recently, but for Andrew Jackson sleepless nights have come from trying to come up with non-conventional ways to protect against the crisis. Jackson runs Bank Syz’s […]
Hedge fund exit requests lower than year ago
Reuters – Client demands to pull money out of hedge funds remained relatively subdued in June, data shows, in a sign that investors are still backing these freewheeling portfolios to guide them through the financial crisis. The GlobeOp Forward Redemption […]
SAC Capital’s Cohen questioned by SEC investigators
Reuters – The U.S. government is again shining the spotlight on hedge fund titan Steven A. Cohen amid a high-profile campaign to root out improper trading on Wall Street. Cohen, whose $14 billion SAC Capital ranks as one of the […]
Troubling times for high fee ‘concierges’
Money Control – In early 2008 Union Bancaire Privée was the world’s biggest investor in hedge funds. The bank – a polished and publicity-shy member of the Swiss financial scene run by the de Picciotto family since being founded in […]
Hedge funds hurt in third May commodity rout
Economic Times – For the third straight year, May proved a disaster for hedge funds that specialise in commodities as raw materials from copper to oil fell into bear markets. Funds tracked by the Newedge Commodity Trading Index lost an average 3% last month, […]