Category Archives: Syndicated

Hedge funds wary of punts on North African chaos

Reuters – Hedge funds are so far shying away from the political turmoil in North Africa, despite their reputation as risk-takers on the lookout for a quick gain. Only a handful are starting to hunt ways to profit with investments, […]

SEC eyes faster disclosure for activist funds

MarketWatch – The Securities and Exchange Commission may soon require activist hedge fund managers to disclose more quickly the stakes they take in companies whose management they are trying to shake up. The agency effort would also likely make it […]

Plenum Investment Hedge Fund Adviser Henrik Wennberg Resigns

Bloomberg – Henrik Wennberg, who co-founded two Nordic electricity hedge funds at Plenum Investments Ltd., has resigned from the Zurich-based money manager, Plenum Chief Executive Officer Rainer Gruenig said today by e-mail. Wennberg, 44, a senior fund adviser for the […]

Factor Advisors launches spread ETFs for hedge fund traders

Hedge Funds Review – Factor Advisors has launched a family of exchange traded funds (ETFs) that provide exposure to leveraged spread positions through a single instrument. The Factor Advisors ETFs, listed on NYSE Arca, hold paired long and short positions in […]

Scandinavia’s Brummer Closes Its Asian Equity Hedge Fund on Poor Returns

Bloomberg – Brummer & Partners, the largest Scandinavian hedge fund, closed its Asia-focused equity fund and the firm managing it after its performance damped returns, according to the Stockholm-based company’s annual report. The Karakoram fund, which bet on rising and […]

New Asian hedge funds raise $3.8 bln in 2010

Reuters – Assets raised by new hedge funds in Asia surged nearly 50 percent to $3.84 billion in 2010 from a year earlier, yet another sign that investor interest in regional funds has been on the mend since a tough […]

Special Report: Is Stevie Cohen the Feds’ Moby Dick?

Reuters – Soon after prosecutors charged two of his former employees with trafficking in confidential corporate information earlier this month, Steven A. Cohen kicked his hedge fund’s damage control operation into high gear. In the morning, top managers at SAC […]

Ex-Goldman Sze step closer to $1 billion-plus hedge fund

Reuters – Former Goldman Sachs Group Inc star trader Morgan Sze moved a step closer to the launch of his $1 billion-plus hedge fund, registering Azentus Capital with the Hong Kong market regulator this week. Hong Kong-based Sze, head of Goldman’s […]

Senator Wyden’s Son Starts Hedge Fund After D.E. Shaw Internship

Bloomberg – U.S. Senator Ron Wyden has a new hedge fund in his basement. That doesn’t mean he’s getting in on the ground floor. His son, Adam, started a fund under the name ADW Capital Partners LP that he runs […]

Nadel-owned building sold to pay victims

Herald Tribune – The sale will net $650,000 for the Nadel receivership, which is paying claims from investors who lost money in his $330 million hedge fund scheme. So far this year, court-appointed receiver Burt Wiand also has reached settlements […]

Hedge Funds Boost Bullish Silver Bets as Mideast Tensions Mount

Bloomberg – Hedge funds boosted bullish bets on silver to the highest in almost four months as tensions in the Middle East sent the metal to a 30-year high. Managed-money funds held net-long positions, or wagers on rising prices, totaling […]

Guardian Media Group investment fund

Guardian – In 2008 Guardian Media Group (GMG) established an investment fund portfolio, as part of its strategy to reduce risk. This fund consists of a wide range of different investments made directly by GMG. These investments are managed by […]