Category Archives: Syndicated

Evidence of fraud at MF Global

Futures – The Commodity Customer Coalition delivered a memo to U.S. Attorney General Eric Holder as well as U.S. attorneys from New York and Chicago and members of Congress stating that there is clear evidence of an intent to commit […]

Dame Amelia offers hedge funds a regulatory window

The Globe and Mail – For the hedge fund industry, facing the threat of heavy regulation, it comes down to the old maxim: If you want something done right, do it yourself. Hedge funds were vilified for feeding the U.S. housing […]

Fuchs Seeks $800m For Nomura-Backed Hedge Fund

Jakarta Globe – Former Nomura Holdings trader Benjamin Fuchs will launch a multi-strategy hedge fund on June 1 with backing from Japan’s largest investment bank, expanding the list of high-profile start-ups this year. Nomura will match the amount that Fuchs’ […]

NY hedge fund manager Loeb launches open war on Yahoo

FirstPost: Tech –  Hedge fund manager Daniel Loeb has intensified his firm Third Point’s proxy battle with Yahoo, launching a website calling for a management shakeup at the online media company. ValueYahoo.com also boasts a blog, links to articles covering […]

Hedge fund industry irate at new rules from European commission

Opalesque – The hedge fund industry is loudly attacking a new draft of “supplementing rules,” to the Alternative Investment Fund Managers Directive (AIFMD) being circulated by the European Commission. The 110-page draft takes a much hard stance on alternative investments, and […]

SFO Secret Settlements, Wells Fargo, Confirmations: Compliance

Bloomberg – Britain’s Serious Fraud Office, which prosecutes corporate bribery, uses too many secret settlements in foreign corruption cases, the Organization for Economic Cooperation and Development said. The SFO is using more so-called civil-recovery orders that require less oversight from courts and […]

Fraud squad: High-profile investment scams offer lessons for all

Winnipeg Free Press – Bernie Madoff, Earl Jones, Allen Stanford and Andrew Lech are all famous for one thing. They were all jailed in the last few years for defrauding investors of millions and in some cases billions of dollars. […]

Segantii fund’s 41 pct gain lifts AUM to $550 mln

Reuters – Segantii Asia-Pacific Equity Multi-Strategy Fund has more than doubled assets since mid-2011 to $550 million, defying a tough capital-raising environment and net outflows from Asian hedge funds during the period. The growth was powered by 41 percent gain […]

Funds Cut Bullish Bets, Goldman Goes Neutral: Commodities

Bloomberg – Investors pared bullish commodity bets on signs of slowing growth in China and as Goldman Sachs Group Inc. cut its recommendation on raw materials. Hedge funds and other money managers reduced combined net- long positions across 18 U.S. […]

Hedge fund fury at Brussels directive

Telegraph – They are irate that hard-won compromises over the contentious Alternative Investment Fund Managers Directive appear to have been ditched by the EC, potentially damaging their business and preventing US and Asian fund managers accessing European investors. The row […]

Strict hedge fund rules in Korea hinder market growth

Risk.net – The newly born Korean hedge fund market has made swift progress – but regulatory obstruction makes it difficult for funds to get both clients and prime brokers. Following a three-year gestation period, the Korean hedge fund market burst […]

Hedge Funds Register, FSA Anti-Bribery, CFPB: Compliance

BusinessWeek – The U.S. Securities and Exchange Commission will oversee hundreds more private advisers at hedge funds and private equity firms than it first predicted, expanding the reach of one of the most controversial requirements of the Dodd-Frank Act. The […]