Category Archives: Syndicated

Ex-Trader McCrudden Gets 28 Months in Prison for Threats

Bloomberg – Vincent P. McCrudden, a former New York commodities trader, was sentenced to two years and four months in prison for threatening to kill federal financial regulators. McCrudden, 51, who pleaded guilty last year, was sentenced today by U.S. District Judge […]

Which Hedge Funds Topped Markets’ First Quarter Performance?

CNBC – A handful of prominent hedge fund managers reported strong first quarter results after the industry recorded dismal returns in 2011, but only a few managed to top the performance of the rallying U.S. stock markets. Daniel Loeb’s Third […]

Hedge fund optimism going into the second quarter needs reality check

Hedge Funds Review – European Commission meddling with the AIFM directive could be bad news for Europe’s managers and investors while the US Jobs Act opens a window to freer hedge fund marketing. Entering the second quarter, hedge funds could be […]

Pressure on black box hedge funds after missing first-quarter rally

Reuters – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the […]

Sovereign wealth funds could drive hedge fund asset growth

Hedge Funds Review – Sovereign wealth funds could increase hedge fund asset growth significantly. As SWFs become more familiar with alternatives, many are moving from FoHFs to direct investment in single-manager funds. Hedge funds stand to gain from increased interest from […]

Hedge Funds Go on Attack In India

WSJ – After years of complaining about poor treatment as minority investors in India’s publicly traded companies, some Western hedge funds are turning to activist tactics that have not often been tried here. The recent moves may mark the beginning […]

Falcone mulls voluntary bankruptcy for LightSquared

Chicago Tribune – Hedge fund manager Philip Falcone said in an interview on Wednesday he is “seriously considering” filing a voluntary bankruptcy for LightSquared, the struggling telecom startup in which his Harbinger Capital Partners is the majority owner. Falcone said […]

Wall St. attacks Obama for tactic it uses

Washington Post – In 2008, Wall Street backed Barack Obama. Hedge fund operators, private equity investors and mega-bank executives gave his campaign twice the amount they contributed to John McCain. Many of the financial masters of the universe saw in […]

Pressure on black box hedge funds after missing Q1 rally

Reuters – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the […]

Hedge fund Pentagon Capital Management’s fine is increased to $100m

Telegraph – Pentagon Capital Management, which was run by Lewis Chester, a contemporary of David Cameron at Oxford University, was ordered in February by US District Judge Robert Sweet to pay $76.8m after the fund was found to have engaged […]

Changing of the Guard for Hedge Funds

Forbes – The dynamics of the hedge fund industry are changing and so are the managers. The days of expert networks, massive fund inflows and controlled trading are history. Hedge funds are seeing outflows compared with other  investments, like high frequency trading funds and […]

JOBS Act to Bring Light to Hedge Funds

Wall Street Pit – A great example of way regulations tend to protect industries from competition more than help consumers, a great example is the law that prevents hedge funds from disseminating their performance. This allows funds to create massive […]