Category Archives: Syndicated
Hedge fund zeros in on booksellers’ troubles
Denver Post – William Ackman has never been shy about swooping into situations others would shy away from. But on Monday, his hedge fund proposed one of its boldest offers, homing in on the besieged bookselling industry. His firm, Pershing […]
EC accused of hedge fund cover-up
Bobs Guide – The European Commission (EC) has been accused of trying to bury a recent report detailing the exact role played by hedge funds in the Greek debt crisis and the damage inflicted by credit default swaps (CDS). According […]
U.S. highlights successes fighting investment fraud
Washington Post – In an effort to bring attention to the problem of investment fraud, federal authorities on Monday highlighted hundreds of cases inwhich defendants accused of financial wrongdoing had been arrested, charged criminally or sentenced to lengthy prison terms. At […]
Hedge funds take in $16 bln in October-report
Reuters – Global hedge funds pulled in $16 billion in new money in October, marking the strongest inflows in nearly one year, according to data released on Monday from TrimTabs and BarclayHedge. Pension funds, endowments and wealthy investors nearly quadrupled […]
Carlyle Group to acquire 55% stake in Claren Road
BBR – US private equity firm The Carlyle Group has agreed to acquire a 55% stake in Claren Road, a long-short credit hedge fund with $4.5bn in assets under management, in exchange for cash, an ownership interest in Carlyle and […]
Boston hedge fund says it’s not target of federal probe
Boston Herald – Boston’s Loch Capital Management says it’s not the focus of what’s reportedly the largest insider-trading probe in U.S. history – even though the FBI recently raided the firm’s headquarters. In a letter to clients, the hedge fund […]
Billionaire board game could turn Christmas nasty
Hedge Funds Review – If mental arithmetic and swift analyses do not ruffle your feathers, Billionaire could be the solution for frustrated hedge fund managers search for the perfect Christmas present. The board game’s rule book is deceptively simple. The […]
Hedge Funds Increase Bullish Oil Bets Most in Eight Weeks
Bloomberg – Hedge funds increased bullish bets on oil by the most in eight weeks as signs that the global economic recovery is gaining pace stoked speculation demand for crude will rise. The funds and other large investors boosted so-called […]
Oil-focused Asian hedge fund starts trading distillates
BusinessTimes – RedWell Fund SPC, one of Asia’s pioneering oil-focused hedge funds, has its eyes trained on the growing distillates market, as it started trading in Singapore’s Over-The-Counter (OTC) swaps market, its founder said on Thursday last week. The fund, […]
The SEC’s New Hedge Fund Rule: Opening a can of worms, then kicking it down the road
All About Alpha – The SEC’s 2005 attempt to regulate hedge funds using the Advisers Act is now the stuff of hedge fund legend. Still smarting from the LTCM debacle over half a decade earlier, the Commission wanted to require […]
First Shari’ah-compliant movie fund raises $40 million
CPI Financial – The aim of the fund is to produce and film the story of a United Arab Emirates (UAE) hero, Hollywood style. According to the fund’s manager, Jason Marsh, funding for Antar: The Black Knight is expected to […]
Jamie Allsopp to launch Insparo Africa hedge fund
CityWire – Insparo Asset Management is launching an African equity hedge fund for Jamie Allsopp, former manager of the New Star Heart of Africa fund. Allsopp (pictured) was seen as one of the young rising stars of fund management after his Heart […]