Category Archives: Syndicated
Death agony of Thatcher era
Asia Times Online – During the end of the 1970s into the 1980s, British Conservative prime minister Margaret Thatcher and the City of London financial interests who backed her introduced wholesale measures of privatization, state budget cuts, moves against labor […]
SW1 Capital eyes control of hedge fund platform
Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’ own holding. PCE runs $1.6 billion (1.1 billion […]
dealReporter adds Laura Stavro-Beauchamp to reporting team
Journalism.co.uk – Laura Stavro-Beauchamp has been appointed as a reporter for Financial Times service, dealReporter. Previously employed as deputy news editor on weekly title Mortgage Strategy, Canadian-born Stavro-Beauchamp will put her global and financial background to good use by providing […]
Accountant for missing Sarasota hedge fund manager wasn’t certified
ABC Action News – “I feel sick to my stomach. I don’t sleep well at night; I am up and down every couple of hours. Leslie Collier was on the verge of retirement until she discovered a week ago that […]
Hedge fund assets likely to lose up to $450bn
Business Report – Hedge funds lost more money last year than any year on record. It may get worse this year, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The […]
Sparx to Miss March 2011 Asset Target on Market Rout
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]
Why hedge funds are attractive – and risky
Houston Chronicle – Hedge funds, historically an investment reserved for big-ticket investors, are seemingly like mutual funds in that they typically invest in stocks and bonds. They have the added glamour and allure, however, of taking significant risks and gambles […]
Royal Bank of Canada Sued Over Failed Hedge Funds
Bloomberg – Royal Bank of Canada, the country’s biggest bank by assets, was sued by investors in Olympus United Funds who claim they lost more than $90 million in the funds’ collapse. Royal Bank, based in Toronto, “secretly managed” the […]
Gaps in oversight let Nadel avoid scrutiny
Sarasota Herald-Tribune – The U.S. Securities and Exchange Commission has hundreds of pages of complicated rules governing investment advisers. But the agency — under fire for failing to stop New York hedge fund manager Bernard Madoff and his alleged $50 […]
Student Hedge Fund Ends Year in the Black
Cornell Daily Sun – In the midst of the country’s economic recession, the Johnson Graduate School of Management’s Cayuga Fund, a hedge fund run by faculty and students, reported a 0.42 percent gain for the 2008 business year. Although the […]