Category Archives: Syndicated

Japan’s watchdog set to curb hedge funds

Financial Times- Japan’s financial regulator, the Securities and Exchange Surveillance Commission, is concerned thatthe growing influence of hedge funds is encouraging insider trading and undermining the integrity of the country’s stock markets. “We believe there is [a] risk . . .that hedge fund […]

Hedge Funds Aren’t Worried

Wall Street Journal- The private-equity firm paid $3.7 million for lobbying in the first half of this year — 15 times what it paid in all of last year. About half represents bills owed from 2006, representatives say. Democrats weigh […]

Man Group Stock Falls as Investors Shun Fund Managers

Bloomberg- Shares of Man Group Plc, the world’s largest publicly traded hedge fund company, posted their biggest two-day drop ever as investors shunned companies that rely on stock markets. Shareholders are pulling money out of fund managers as subprime mortgage […]

Hedge Fund Bankruptcy Alarm

Cayman Net News- The failure of two Cayman Islands-based hedge funds, which is estimated at US$4 billion in losses, could have severe repercussions on the offshore banking industry in the Cayman Islands, according to experts in the sector. US financial […]

Hedge funds hit critical list worldwide

MSNBC- Hedge funds globally suffered their second-worst week in four years during the final full trading week of July as continuing concerns about the spread of US credit problems took their toll on performance. The Hedge Fund Research index of […]

AIG’s Profit Rises 34% on Buyout, Hedge Fund Returns

Bloomberg- American International Group Inc., the world’s largest insurer, said second-quarter profit rose 34 percent on higher income from private equity and hedge fund investments. The company saidit’s “very comfortable” with its position as the U.S. subprime mortgage market deteriorates. […]

Banks and funds look to meteorologists

Reuters- If there were hordes moaning about Britain’s washout summer last month, hedge fund manager Peter Brewer wasn’t among them. He was too busy profiting from the rain to let it sour the taste ofhis cider. Brewer, who manages the […]

Goldman Sachs denies selling Alpha hedge fund

Jamaica Gleaner – Goldman Sachs yesterday denied market talk that it was liquidating its Global Alpha hedge fund, amid a report that the fund had fallen 12 per cent in two weeks. Earlier, several traders said there was persistent market […]

Harry Potter meets hedge funds

FT Alphaville- The world of hedge fund replication has in the past left us a little flummoxed. But having ploughed through the seventh instalment of Harry Potter on the day of its release,we’re pretty darn confident we can take on […]

S.Korea hedge fund push faces doubts

Reuters) – South Korea has seen its financial sector’s future, and it’s hedge funds. Asia’s fourth-largest economy is seeking to develop homegrown hedge funds, while attracting foreign money managers that would raise its clout as an Asian financial centre. This […]

Bear Stearns Co-President Resigns

Street.Com- Bear Stearns said Sunday that Co-President and Co-Chief Operating Officer Warren Spector has resigned following the meltdown of two of its hedge funds.   As part of a management overhaul, Alan Schwartz, who had been sharing duties with Spector, will […]

Hedge funds spur Dow

Arizona Daily Star-  If you’re baffled by Wall Street’s performance last week, consider the increasing influence hedge funds have in manipulating the market. Investors spent another anxiety-ridden week watching last-minute, triple-digit swings in the Dow Jones industrials, driven in part […]