Category Archives: Syndicated
EU draft law on hedge funds attracts more criticism
Hedge Funds Review – The European parliament’s committee on economic and monetary affairs held a hearing and a workshop examining the directive on Tuesday (November 10). Meanwhile, the UK’s House of Lords EU economic and financial affairs and international trade […]
BlueCrest Said to Prepare Geneva Office as London Taxes Rise
Bloomberg – BlueCrest Capital Management Ltd., a London-based hedge fund firm that oversees about $15.4 billion, plans to open an office in Geneva as increased taxes and regulation make London a less attractive location, a person familiar with the situation […]
The Week In Hedge Fund Fraud
DealBreaker – Admit it: You’re bummed that the Bear Stearns fraud trial has ended in a flash of prosecutorial incompetence and 12 potential clients for Ralph Cioffi and Matthew Tannin. We are, too. But fear not, friends, there’s an embarrassment […]
The nightmare hedge fund employee
Fierce Finance – This is the mark of a small, amateurish hedge fund: Having the CFO serve also as chief trader. That’s hardly going to inspire big pensions to take a close look at investing in you. So perhaps we […]
Hedge fund Paulson & Co raises bet on Cadbury
Reuters – Hedge fund firm Paulson & Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday. The New York-based hedge fund […]
Australian Companies Turn to Hedge Funds for Finance, KPMG Says
Bloomberg – Hedge funds are boosting investments in Australian companies, filling a “funding gap” left by a reduction in bank lending, according to David Heathcote, head of KPMG International’s debt-advisory practice in Australia. “There is significant volume available, particularly from […]
Kiener Fund K1 Invest Hires Liquidators, Letter Says
Bloomberg – K1 Invest Ltd., a fund of K1 Group based in the British Virgin Islands, hired Grant Thornton as liquidator, according to a letter by K1 Invest’s director. The company decided to liquidate because of the effects of K1 […]
2 ex-Bear Stearns hedge-fund managers acquitted
AP – Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted Tuesday of lying to investors — a defeat in the government’s bid to punish fraud exposed by […]
Caymans seek hedge fund families in growth push
Reuters – The Cayman Islands hope more hedge fund managers and their families will move to the off-shore centre as it seeks to boost tax revenues, the Caribbean territory’s prime minister told Reuters. The British overseas territory — legal home […]
The Greatest Trade Ever
NewsWeek – In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against the housing market made Paulson’s hedge fund billions of dollars—including days where it […]
Hedge Funds Are Ready for New Boom in Start-Ups: Matthew Lynn
Bloomberg – There are tough new regulations on the horizon. There are scandals and arrests. Investors, shaken by the credit crunch, are nervous about taking risks. Yes, there has never been a better time to polish your CV, shine your […]
Key oil figures were distorted by US pressure, says whistleblower
Guardian – The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic […]