Category Archives: Syndicated

Lonely Hedge Fund Bullish on Greece Tries to Woo Investors

BusinessWeek  – As the founder of a hedge fund that plans to buy nothing but Greek stocks, George Elliott is used to being treated as a curiosity. In March, Elliott met with the investment chief of a family office in […]

Hedge fund stars ponder “moment of truth” in Monaco

Reuters – Tucked into corners of Monaco’s plush Meridien hotel and on lonely tables in sun-kissed bars overlooking the Mediterranean, anxious hedge fund managers contemplate the next six months that could make or break their careers. Behind the glitz of […]

Hedge funds get exotic in hunt for profits

Reuters – Investors fed up with losses from their mainstream hedge fund holdings are eyeing some exotic alternatives. How exotic? How about portfolios betting on Chinese companies embroiled in fraud probes? Or funds looking to arbitrage prices in the electricity […]

Moody’s expected to downgrade UK banks tonight

Guardian – The market has been awaiting the news of a review by Moody’s ever since the agency first announced in February that it was looking at more than 100 financial institutions in Europe and a handful of US banks. […]

U.S. SEC Adopts Rule For Exchanges on Compensation

Reuters – Securities regulators said on Tuesday [June 19] they approved a new rule that requires stock exchanges to force the companies that list on them to meet certain compensation standards, which was mandated by the 2010 Dodd-Frank financial regulation […]

Jury convicts ex-Silicon Valley hedge fund manager of fraud

Mercury News – A former Silicon Valley hedge fund manager was convicted Wednesday of defrauding local investors out of millions of dollars by luring them with bogus promises of backing from prominent law firms and auditors. After a few hours […]

Hedge funds struggle with European politics

Reuters – Euro zone turmoil has turned Europe’s hedge fund managers into shadows of their former selves: haunted by ghosts of failed bets and as deeply divided on the fate of the indebted union as the leaders responsible for keeping […]

Falcone’s Harbinger hedge fund turns to Dell’s MSD for financing

Pensions & Investments – Philip Falcone’s hedge fund, having taken out a loan earlier this year at an effective annual interest rate of 24%, has found a new source of financing: the money management arm of billionaire Michael Dell. Harbinger […]

Investors withdrew $9.3 bln from European hedge funds

Reuters – Investors cut their exposure to hedge funds that invest in and are located in Europe during May as the euro zone financial crisis wrought havoc on global markets, data showed on Wednesday. Investors last month withdrew about $9.3 […]

Big investors eye loading up on hedge funds: survey

Reuters – Pension funds, endowments and charities may soon heap more hedge funds into their portfolios. Nearly one third of institutional investors said they have too much cash on hand and not enough money invested in hedge funds, according to […]

Hedge Funds Hurt in May Commodity Rout

BusinessWeek – For the third straight year, May proved a disaster for hedge funds that specialize in commodities as raw materials from copper to oil fell into bear markets. Funds tracked by the Newedge Commodity Trading Index lost an average […]

Hedge fund TCI lambasts unpopular CoCos

Reuters – A high-profile London hedge fund criticised CoCos as “expensive and uneconomic”, underlining the wariness of mainstream investors about the fledgling securities once hailed as a new recapitalisation lifeline for ailing banks. The Children’s Investment Fund said in a […]