Category Archives: Syndicated
Hedge Funds: With More Money Comes More Post-Nups
New York Times- Post-nuptial agreements, once a novelty, are becoming increasingly more popular- and in some cases mandatory- in the world of hedge funds. The Financial Times reports that the post-nuptial agreement, where the married parties sign on the dotted […]
Hedge Fund Manager Pleads Guilty to Fraud
Reuters- The founder of the defunct hedge fund Wood River Capital Management pleaded guilty in federal court in Manhattan on Wednesday to defrauding investors of $88 million (44 million pounds). John Whittier, 40, pleaded guilty to securities fraud and failing […]
Hedge Fund’s New Frontier: Art
National Post- In the face of a spectacular run-up in global markets, savvy investors are plunking down dollars in more unconventional assets. And, in some cases, they are using complex, perhaps daring and dangerous, methods to maximize their bucks. Take […]
Man Group to list hedge fund on NYSE
Boston Globe-Man Group PLC, the world’s largest hedge-fund manager, plans to list a hedge fund on the New York Stock Exchange in its latest push to raise money from U.S. investors. The move highlights a broader trend of hedge-fund managers […]
Liontrust Eyes Hedge Fund Launches
Reuters- Liontrust Asset Management told Reuters on Tuesday it was planning to launch a range of hedge funds or similar portfolios for its managers, including high-profile fund manager Jeremy Lang. Liontrust, which said on Tuesday its assets under management rose […]
Citigroup Helps Sell More Private Debt to Hedge Funds
Bloomberg- Citigroup Inc., the world’s second- biggest bond underwriter, is arranging more private offerings of Asian high-risk, high-yield debt to meet increased demand from hedge funds. Companies in Asia outside Japan will, for the first time, raise more from high-yield […]
Trade Like Hot Hedge Fund Atticus Capital
Street.Com – In one of my first interviews with Jim Cramer this year for TheStreet.com TV, I asked him for his favorite hedge funds to follow. He named Atticus Capital. Cramer recalled a time when he was skeptical of one […]
RBS consortium bids $95.6 bln for ABN AMRO
Reuters- A consortium led by Royal Bank of Scotland has launched a 71.1 billion euro ($95.6 billion) bid for Dutch group ABN AMRO, trumping Britain’s Barclays in a battle for the world’s biggest bank takeover. In a long-awaited move, the […]
How To Hedge A Hurricane
Forbes- Weather futures specifically tied to Atlantic hurricanes are set to begin trading on the Chicago Mercantile Exchange as soon as the first storm gets brewing. The National Weather Center’shurricane forecasters predict 13 to 17 named storms this year, three […]
G8 leaders set to row over global warming, aid and finance
Budapest Business Journal- Leaders from the world’s top industrialized nations meet in the Baltic coastal resort of Heiligendamm next month to discuss the fight against climate change, increased aid to Africa and global financial stability. But forget the gentle fireside […]
Correlation Trade is Extreme Sport for Hedge Funds
Reuters- Hedge funds are driving a surge in demand for the riskiest credit derivatives, with winner-takes-all strategies that appear to have turned the art of investing into the financial equivalentof extreme sports. As hedge funds jostle for space in London’s […]
Market Wizards Delays Hedge Fund IPO
MSN MoneyCentral (AP)- Market Wizards Fund Ltd., a hedge fund investment company that had planned to debut on the London Stock Exchange postponed its initial public offering because it wouldn’t havemet a target of 200 million pounds ($397.3 million), highlighting […]