Category Archives: Syndicated
U.K. Church Is Unlikely Defender of Hedge Funds
WSJ – The Church of England has emerged as an unlikely defender of the hedge-fund industry against the prospect of new regulations from the European Union. Only last year, the Archbishop of York was calling hedge funds “bank robbers” for […]
The mystery investor who is turning the tin market on its head
Telegraph – A single investor – thought to be a hedge fund – is sitting on thousands of tonnes of tin in warehouses across London. According to traders almost the entire stocks of tin on the London Metals Exchange (LME) […]
Hedge Fund Manager Goldstein Loses ‘Freedom of Speech’ Case in Massachusetts
Securities Industry News – Hedge fund manager Philip Goldstein, who successfully curbed the Securities and Exchange Commission’s attempts in 2006 to regulate hedge funds, has lost a “freedom of speech” case against the state of Massachussetts. A Massachussetts court on […]
MF Global Taps Hedge Fund Founder as Equities Chief
New Yprk Times – MF Global, the futures broker spun off from British hedge fund giant Man Group two years ago, has tapped a hedge fund veteran as its new global head of equities. Peter Forlenza, founder of New York-based […]
Hollywood studios in midst of their own horror show
Los Angeles Times – In the decade’s early years, high-net worth individuals and cash-flush hedge funds poured billions into Hollywood, backing independent productions and co-financing big-budget popcorn movies. But as those investors lost fortunes in the markets (and, too often, […]
Sheila Bair Wants To Shut Down Hedge Funds, Too
The Business Insider – FDIC Chairman Sheila Bair wants to end the too big to fail concept and extend the proposal to create the authority to shut down failing systemically important financial firms to insurers and hedge funds. No one […]
Hedge funds in Alameda? Oh my!
SF Gate – Apparently, hedge funds are so toxic in Alameda that just throwing the word around is enough to qualify as in depth criticism of the Alameda Point Revitalization initiative. The question at Alameda Point is whether or not […]
Venture capitalists not treated as hedge funds under House bill
The Hill – Venture capitalists breathed a collective sigh of relief Thursday when a proposal from the House Financial Services Capital Markets Subcommittee did not seek to treat them like private equity firms or hedge funds. Venture capital investors had […]
Hedge Funds Rebuild Assets As Year-Long Decline Reverses-Data
Nasdaq – Hedge funds are gathering assets again after a year of heavy investor redemptions helped wipe more than $1 trillion off the amount of money they manage. Data provider HedgeFund Intelligence said Monday it estimates industry assets at $1.67 […]
Hedge-fund firm to create 50 jobs in Sligo
Belfast Telegraph – A company that provides administration services to the hedge-fund industry has announced plans to create 50 new jobs in Sligo. Equinoxe AIS is expanding its Irish operations and setting up a new asset-servicing operation which will be […]
Hedge Fund Cloning – A Fourth Type of Replicator
Seeking Alpha – “You don’t want to be average; it’s not worth it, does nothing. In fact, it’s less that the market. The question is, ‘How do you get to be first quartile?’ If you can’t, it doesn’t matter what […]
Madoff Brother, Sons Sued by Trustee for $199 Million
Bloomberg – Bernard Madoff’s brother, sons and niece were sued by a liquidator over claims they spent $198.7 million of victims’ money and treated the con man’s investment firm as their personal bank. The lawsuit against the brother, Peter Madoff, […]