Category Archives: Syndicated
Big oil speculator defends practice in Washington
The Daily Advertiser – John Hyland’s funds control billions of dollars that flow in and out of energy markets, making him one of the biggest oil speculators in the world and also one of the biggest potential targets for federal […]
Daniel Loeb’s Third Point Q2 Investor Letter
CNBC Stocks – The hedge fund says that with a “doomsday scenario off the table” in the second quarter, it put capital to work in distressed debt and significantly undervalued turn-around situations. In terms of asset allocation, the fund reports […]
EU Law May Cost Pension Industry Billions of Euros, AIMA Claims
Bloomberg – The European Union’s plan to regulate hedge funds will cost the bloc’s pension industry about 25 billion euros ($36 billion) a year, the Alternative Investment Management Association said. The proposed law would drive pension funds toward more traditional […]
Following the Money Behind Public Pension Funds
WNYC – An investigation into corruption at the New York State pension fund has raised questions about the fund’s dealings with Wall Street. Federal and state regulators are examining how the pension fund chooses its private money managers. Last month […]
UPDATE 1 – Och-Ziff reports loss, sets aside bonuses
CNN Money – Hedge fund firm Och-Ziff Capital Management Group reported a wider second-quarter net loss Tuesday and lower-than-expected distributable earnings, a number analysts look at closely. The New York-based firm, one of only a small number of publicly traded […]
Riding a green tide: Matthew Goldstein
Reuters – PetroAlgae is one of those many clean-tech companies that seem to burn through cash faster than a Hummer goes through a gallon of gas. Yet something curious is going on with shares of this Melbourne, Florida-based company, which […]
SFO to investigate banks over mis-selling of complex products
Citywire.co.uk – The Serious Fraud Office (SFO) is to probe UK banks for evidence that complex financial products were mis-sold to consumers before the recession hit. SFO director Richard Alderman plans to investigate the sale of complicated financial instruments like […]
Fixed income unit boosts BNP Paribas CIB revenues
Boston Globe – French bank BNP Paribas’s revenues from corporate and investment banking nearly doubled in the second quarter as robust investor demand boosted revenues from the bank’s fixed income business unit. BNP Paribas’s CIB revenues totaled 3.351 billion euros […]
What Hedge Funds Are Up to
Seeking Alpha – This is the latest edition in a new series of posts we’re doing here entitled, ‘hedge fund news summaries.’ And, as as the title obviously states, the goal is to give you the quick hits of everything […]
Hedge funds in ’09: Turning crisis into an opportunity
Gulf Times – It can be hard to separate the wheat from the chaff when there is no immediately apparent difference between them. These days, the world of hedge funds more closely resembles a vast field of chaff, with just […]