Category Archives: Syndicated
Millionaire’s Tax: Hedge Fund ‘Carried Interest’ Tax – 15% – May Be Biggest U.S. Tax Loop Hole
International Business Times – Senate Majority Leader Harry Reid, D-Nev., is expected to introduce his 5 percent millionaires tax surcharge Tuesday in the Senate, but another issue regarding tax fairness is making the rounds on Capitol Hill: raising the “carried […]
American economists win Nobel
CNN Money – Two American economists won the Nobel Prize for economics on Monday for their work studying how changes in government policies or economic shocks affect a nation’s economy. Thomas Sargent, a professor at New York University, and Christopher […]
Wall St. Banks Help Hedge Funds Recruit
NYT – Wall Street banks often boast that they hire the best and the brightest. Now, scrambling to bolster profits, they have become full-time headhunters for some of their biggest hedge fund clients, a role that is rife with potential […]
Hedge fund Longacre winding down main funds
Reuters – U.S. hedge fund Longacre Fund Management LLC is shutting down its main funds after investors pulled out their cash, in a sign that market turmoil is having an impact on some hedge funds, media reports said late on […]
Paulson Clients Said to Pull Less Than 10% From Two Hedge Funds
Bloomberg – John Paulson, the billionaire hedge- fund manager having the worst year of his career, has received less than 10 percent in redemption requests for his Recovery and Credit Opportunities funds for year’s end, according to two people familiar […]
It’s in all our interests to understand how to stop another Great Depression
Guardian – I stumbled out into the autumn sunshine, figures ricocheting around my head, still trying to absorb what I had heard. I felt as if I had just attended a funeral: a funeral at which all of us got […]
Shortlist announced for European Fund of Hedge Funds awards 2011
Hedge Funds Review – The judges have announced the shortlist for European Fund of Hedge Funds Awards 2011. Winners will be announced on November 23. Three awards honour outstanding contributions to the FoHF industry. The shortlist of funds of hedge funds […]
Hedge fund in £32.5m PAYE dispute
Accountancy Age – A London-based hedge fund is in a £32.5m dispute with HM Revenue & Customs over alleged unpaid National Insurance and PAYE payments. The inquiry involving Cheyne Capital dates back seven years and involves £29.8m of PAYE and […]
Everything from hedge funds to casual remarks could be fuelling RIM speculation
Winnepeg Free Press – Takeover speculation that routinely swirls around Research In Motion Ltd. could reflect moves by U.S. hedge funds to target the BlackBerry maker and cash in on its struggles. Shares in the Canadian technology icon (TSX:RIM) have […]
Britain in grip of worst ever financial crisis, Bank of England governor fears
Guardian – Bank of England announced it was injecting £75bn into the ailing economy. The Bank’s governor said the UK was suffering from a 1930s-style shortage of money and needed a second dose of quantitative easing to boost demand and prevent inflation […]
Soros Says Europe, U.S. Turmoil Reminds Him of Soviet Collapse
Bloomberg – Billionaire investor George Soros said the disruption to global financial markets since 2008 has implications for Europe and the U.S. that remind him of the final years of the Soviet Union. “Something similar is happening in the West,” Soros, 81, […]
AXA IM Appoints Global Head Of Funds Of Hedge Funds
Here Is The City – AXA Investment Managers has announced the appointment of Francisco Arcilla as Global Head of AXA Funds of Hedge Funds (AXA FoHF). Arcilla will be responsible for the overall leadership of AXA IM’s FoHF platform and […]