Category Archives: Syndicated
Gordon Brown agrees to speak at hedge fund conference in Las Vegas
Telegraph – The former Labour Prime Minister was due to speak last night at the event in America sponsored by hedge fund firm SkyBridge Capital last night. The event, called the Salt Conference, is billed as “a forum representing an […]
Fund tapes allowed in consultant’s U.S. trial
Reuters – The day after hedge fund founder Raj Rajaratnam was convicted based on phone tap evidence, another insider trading defendant lost a bid on Thursday to throw out recordings from her trial. Taiwan-born Winifred Jiau, 43, a former technology […]
Bayou Group Estate Wins $13 Million From Hedge Funds for Fraud Investors
Bloomberg – The estate of hedge-fund firm Bayou Group LLC, which turned out to be a Ponzi scheme, won a jury verdict requiring hedge funds that redeemed their money before Bayou collapsed to pay investors $13 million, a lawyer said. Today’s […]
Hedge fund managers ponder Armageddon
MarketWatch – A collapse of the banking system, the demise of the U.S. dollar as the reserve currency, another oil shock, a new round of junk-bond defaults and a meltdown in Japan’s bond market were among the doomsday scenarios explored […]
SAC’s Cohen says energy ‘interesting’ after commodities plunge
News Times – Steven A. Cohen, the billionaire founder of hedge fund SAC Capital Advisors LP in Stamford, said last week’s selloff in commodity markets makes this a good time to buy stock in energy companies. Energy is “an interesting sector,” […]
Hedge funds prepare for end of QE2
MarketWatch – Some of the world’s top hedge-fund managers said Wednesday that they’re preparing for the end of the Federal Reserve’s latest round of government bond purchases, known as QE2. Lee Ainslie, head of Maverick Capital, said risk isn’t being […]
Hedge fund inflows swell to 9-mo high
Reuters – Hedge funds last month enjoyed their biggest monthly net inflows since August, as investors backed managers to profit from increasing market volatility, indicative data from GlobeOp Financial Services shows. The GlobeOp Capital Movement Index — which tracks the monthly […]
ich Listers invest in new fund management company
MBR – Fund manager Warren Couillault has established a new investment manager in partnership with NBR Rich Listed Spencer Family Group, led by Berridge Spencer (the son of ex-paper magnate John Spencer). Richmond Investment Management’s initial offering comprises two fund-of-fund […]
Hedge fund RAB shares plummet as says may delist
Reuters – RAB Capital Plc said its days as a listed group may be numbered after another wave of client departures, underscoring its status as one of the highest-profile hedge fund victims of the credit crisis. Shares in the company plunged […]
Hedge fund RAB plummets as it considers delisting
Reuters – RAB Capital said its days as a listed group might be numbered as clients continued to pull money, raising the prospect that one of the most high-profile hedge fund victims of the financial crisis could be shut down. […]
Ex-Goldman Trader Saiz Said to Lock Oil Fund at $600 Million
San Fransisco Chronicle – Vector Commodity Management LLP, a hedge fund run by former Goldman Sachs Group Inc. trader Gilbert Saiz, stopped taking investor money after assets rose to almost $600 million, two people with knowledge of the matter said. […]
SEC to Raise Threshold for Hedge Fund and Private Equity Fund Investments
Forbes – The Securities and Exchange Commission (SEC) announced its plan to raise certain dollar thresholds that would need to be met before investment advisers can charge their clients performance fees. Performance fees, also known as “carried interest”, are a […]