Category Archives: Syndicated

Adviser to hedge fund subpoenaed

Boston.com – Secretary of State William F. Galvin has subpoenaed the consulting firm Guidepoint Global in connection with its dealings with a Massachusetts hedge fund, amid a widening federal probe into insider trading by hedge funds and the firms that […]

Hedge Funds Short Green Power; Goldman Cuts American Superconductor Stake

Bloomberg – Hedge funds increased short selling in U.S. renewable energy stocks to the highest level in a year, boosting bets against First Solar Inc. and Tesla Motors Inc. as government support for low-polluting technologies faltered. Seventeen percent of the […]

Hedge funds bet against euro, shirk CDS, in crisis

Reuters – Hedge funds are betting the euro will fall further as Europe’s sovereign debt woes spread but have largely abandoned bond insurance trades given uncertainty over political interventions following Ireland’s bailout. Some are shorting the euro or taking long positions […]

Peak Ridge Seeks $30 Million in Morgan Stanley Case

Bloomberg – Peak Ridge Master SPC Ltd., a commodity hedge fund, is seeking at least $30 million in damages stemming from Morgan Stanley’s role as the futures broker for the fund. The claim was filed yesterday in Manhattan federal court […]

Researcher Refuses FBI Request to Record Fund Clients, NYT Says

Bloomberg – John Kinnucan, a technology research provider in Portland, Oregon, refused a surprise request from the Federal Bureau of Investigation to wear a wiretap to record investor-client conversations, he wrote in the New York Times. FBI agents arrived unexpectedly […]

Wiretaps are bearing extra fruit in insider case

Houston Chronicle – Secret court-approved wiretaps put in place more than two years ago are now being used by prosecutors in a widening inquiry of securities fraud and insider trading involving hedge funds and consultants that provide industry research, according […]

The Great 2010 Cashout: Dodd choosing Hollywood over hedge funds?

Washington Examiner – With an unusual number of departing senators and congressmen, K Street has a large crop of available “talent” to choose from. So two weeks ago, I posted my predictions of where the retiring or defeated senators are going. I […]

Photo gallery: Ninth European Fund of Hedge Funds Awards 2010

Hedge Funds Review – Over 300 people from the European fund of hedge funds industry attended the Ninth European Fund of Hedge Funds Awards 2010 held at the Grand Hotel, Trafalgar Square, London. Jo Caulfield, described as “one of the finest […]

Hedge Funds Raise Natural Gas Wagers to a Four-Month High: Energy Markets

Bloomberg – Hedge funds increased bullish bets on natural gas to the highest level in four months on speculation that lower-than-normal temperatures will bolster heating demand and trigger withdrawals from record stockpiles. The funds and other large speculators increased so-called […]

New wave of hedge fund start-ups find life is tough

Reuters – The hedge fund industry’s proverbial ‘two traders and a terminal in Mayfair’ are back. But starting your own hedge fund is likely to prove a much less lucrative venture for the foreseeable future, thanks to hard bargaining by investors. […]

Mubadala Agrees to Invest $100 Million With Verno Fund

Bloomberg – Mubadala Development Co. will make a $100 million investment with Russian hedge fund Verno Capital, the first by the investment arm of the Abu Dhabi government in Russia. The country’s “recent economic performance and the future potential for […]

Hedge fund billionaire helps bring back grand old days of art patronage

Guardian – Faced with uncertain earnings, unscrupulous dealers and an unregulated industry that leaves them powerless to fight back, most contemporary British artists find it difficult to make a living, let alone hit the big time. However, a revolutionary London-based […]