Category Archives: Syndicated

Hedge fund investors make $28 billion in six months

City Wire – New research shows the ten biggest hedge funds in the world made their investors $28 billion in the second half of 2010. The Financial Times published data from LCH Investments on Wednesday which showed just how much hedge […]

Former AMD Manager in Talks to Plead Guilty in Insider Case

WSJ – A former technology company employee who freelanced as a consultant for dozens of investment firms is in talks with prosecutors to plead guilty in an insider trading scheme, his lawyer said Monday. Mark Anthony Longoria, previously a Texas-based […]

Ex-SocGen trader sentenced to 3-year jail term

Reuters – A jailed former Societe Generale trader convicted of theft of speed-trading computer code secrets was sentenced to 36 months in prison on Monday. Samarth Agrawal, 27, a citizen of India, was convicted in November by a jury of […]

Ethical investment hits $11 trillion

Hedge Funds Review – Socially responsible investment (SRI) hit $11 trillion in 2010. The increase was due to demand from European pension funds, universities and insurance companies and high net worth ­individuals (HNWIs). Hedge fund managers have been urged to stop […]

Hedge fund industry ‘awaiting Esma regulations’

Bobs Guide – Hedge funds are nervously anticipating the publication of new regulations drawn up by the European Securities and Markets Authority (Esma) later in the year, it has been claimed. According to a report in the Financial Times, the […]

News Secondary hedge fund market activity focuses on esoteric names

Hedge Funds Review – Such underlying assets include niche emerging market, private equity, real estate, life settlement and non-performing loan-related assets. Ironically, many of the funds currently trading are themselves selling these assets into their own respective illiquid secondary markets, […]

‘Big Short’ Author Sued by Hedge Fund

TheStreet – The author of “The Big Short,” Michael Lewis, his publisher W.W. Norton & Company, and FrontPoint Partners’ Steve Eisman are being sued for defamation by Wing Chau and his Harding Advisory. Chau, a collateralized debt obligation (CDO) specialist, […]

U.K. Freezes Gadhafi Assets

WSJ – The U.K. froze the assets of Col. Moammar Gadhafi and his family a day after the United Nations imposed sanctions on Libya. On Sunday, Britain froze the assets of Col. Gadhafi, his daughter and four sons, including Seif al-Islam […]

DCA Global Raises $58.4M for Hedge Fund

CityBizList – DCA Global Investment Management has raised $58.38 million from 83 investors for the DCA Diversified Alternatives Portfolio, a hedge fund, according to an amended SEC filing. Last year around this time, the fund had taken in $51.66 million […]

Bullish Gold Bets Rebound in February as Mideast Tensions Mount

Bloomberg – Hedge funds boosted their bullish bets on gold to the highest since December, when the precious metal was headed to a record price, as tensions in the Middle East spurred investor demand for a haven. Managed-money funds held […]

Hedge Funds’ Bets Soar on Libya

Bloomberg – Hedge funds raised bullish oil bets to a record as violent clashes in Libya curbed output from Africa’s third-largest producer, driving crude to $100 a barrel for the first time in more than two years. Muammar Qaddafi’s standoff […]

Activist Hedge Fund Managers Eye CEOs Sitting on Piles of Cash

Emii – They’re back. Activist hedge fund managers, who agitate to force out entrenched company managements, are in fighting form for the 2011 proxy season and stalking companies hoarding cash. “You’re seeing more attention paid to activism, given corporate balance […]