Category Archives: Syndicated
Hedge Funds Get Earful From Clients About Fees, Withdrawals
Bloomberg – Two years ago, German investment adviser Dieter Kaiser had to board a plane bound for New York to speak with senior U.S. hedge-fund executives. These days, those same managers visit Kaiser, the director of investment management for Feri […]
TCI Has $1.2 Billion of Japan Short Positions, Sells Toshiba
Bloomberg – The Children’s Investment Fund Management UK LLP, a $9.5 billion London-based hedge fund, has about $1.2 billion of short positions in Japanese stocks including Toshiba Corp., according to exchange filings. The fund, better known as TCI, has shorted […]
N.Y. hedge-fund manager accused of Ponzi scheme
Denver Post – The U.S. filed civil and criminal charges against New York hedge-fund manager Edward T. Stein, accusing him of running a "classic Ponzi scheme" that moved more than $55 million through accounts while preying on acquaintances. Stein, who […]
Highbridge records $1 bln in net inflows in 2009
Reuters – Highbridge Capital Management, the hedge fund majority-owned by JPMorgan Chase & Co, received $1 billion in net inflows this year, the Financial Times reported citing people familiar with the fund. The inflows suggest that investors are tentatively returning […]
Funds Tied to Madoff in Legal Vise
Gainesville Sun – As Bernard L. Madoff waits in jail to be sentenced, legal problems are accumulating for some of the hedge fund managers who helped him raise billions of dollars from around the world for what he now admits […]
SUMMIT-SNAP ANALYSIS-G20 adds flesh to regulatory bones
CNN Money – They are finally getting more serious on regulation. But success will hinge on delivery, not just detail. The G20 summit in London will adopt a more detailed approach to overhauling the world’s financial rules in a bid […]
US hedge funds worry about expected new rules
CNN Money – For years, U.S. hedge fund managers have worried that their loosely regulated and secretive industry would one day face tougher regulations. Now that day seems to be here. "It was inevitable that this would happen," said Brad […]
Hedge fund manager Fairfield Greenwich charged over Madoff fraud
Times Online – Fairfield Greenwich, the hedge fund manager founded by socialite Walter Noel, became the first fund that invested with disgraced fund manager Bernard Madoff to be charged with fraud. William Galvin, Massachusett’s Secretary of State, today accused the […]
Paineiras Hedge Fund Buys Brazil Bonds on Economy
Bloomberg – Theodoro Messa’s Paineiras Hedge FIM hedge fund beat 96 percent of its peers this year on bets Brazilian bond yields will fall as the central banks slashes borrowing costs to shore up Latin America’s largest economy. Messa is […]