Category Archives: Syndicated
Hedge fund giant SAC Capital meets with investigators over insider trading
New York Post – Connecticut hedge fund giant SAC Capital Advisors said Monday that it met recently with congressional investigators probing potential insider trading by the $14 billion firm. “We welcomed the opportunity to meet with the staff to educate […]
Hedge fund boss’s tragic family secret
Daily Mail- His on-off romance with Uma Thurman has intrigued even his close friends and the Hollywood star was one of the first people to offer condolences to hedge fund tycoon Arki Busson following the death last week of his […]
Fund of hedge fund firms Saguenay Capital and Strathmore Capital to merge
Reuters – Fund of hedge fund firms Saguenay Capital and Strathmore Capital are to merge to form a manager with $2 billion (1.2 billion pounds) in assets, reuniting ex-Bankers Trust executives and providing scale in a sector hard hit by […]
Paulson Wants Goldman Sachs Group to Detail Lehman Holdings
Reuters – Hedge fund Paulson & Co., which last month revealed details of its purchases of Lehman Brothers Holdings Inc. bonds, is asking a court to order Goldman Sachs Group Inc. (GS) and other banks and investment funds to make the […]
Hedge Funds Cut Bullish Hog Bets to Lowest Since October 2009
Reuters – Hedge funds cut bullish bets on hog futures to the lowest in 19 months amid speculation that U.S. consumers will curtail spending on pork following increases in meat and energy costs. Funds and other money managers reduced net-long […]
Buyers Battle for Europe’s Bad Loans
Wall Street Journal – As banks across Europe clean up their balance sheets, it is causing a feeding frenzy among hedge funds and private-equity firms hungry for their troubled assets. Many marquee funds are flocking around the dozens of European […]
London’s new fund queens
City AM – The total value of assets under management run by female hedge fund managers has more than doubled to over $200bn (£122.8bn) in the space of a year, according to the latest Hedge Fund Journal and Ernst & […]
Hedge Funds Slash Bullish Wheat Bets 54% as Supply Concern Eased
Reuters – Hedge funds cut their bullish bets on wheat to the lowest this year on speculation that supplies would be adequate to meet global demand. Speculation on higher corn and soybean prices also declined. The funds and other money […]
Hedge fund exit requests rise after oil rout
Reuters – Investors asked for more of their money back from hedge funds in the immediate aftermath of this month’s commodities rout, data from hedge fund services firm GlobeOp on Monday shows. The firm’s monthly snapshot of hedge fund redemption requests […]
Grassley Investigating Trades Made by SAC Capital
New York Times – Senator Charles E. Grassley, Republican of Iowa, is examining 20 stock trades by the hedge fund SAC Capital Advisors, a spokesman for the lawmaker said Saturday. The inquiry is the result of a letter sent by […]
Goldman Braces for Federal Subpoenas
Wall Street Journal – Goldman Sachs executives expect to receive subpoenas soon from U.S. prosecutors seeking more information about the securities firm’s mortgage-related business, according to people familiar with the situation. Officials at the New York company believe the Justice […]
Pension council approves shift to more investments in ‘alternatives’
North Jersey – Of the targeted allocations for fiscal 2012, the investment plan’s greatest shift would be toward hedge funds. The State Investment Council voted Thursday to increase how much New Jersey’s pension system may put into potentially riskier investments in […]