Category Archives: Syndicated
Hedge fund repays county $48.2 million; more likely
San Diego Union Tribune-The county pension system has recouped $48.2 million from the Amaranth hedge fund, which collapsed in September, the retirement association said last week. Additional repayments may be forthcoming, said Brian White, the association’s chief executive officer. The […]
Inflows to hedge funds down 64% after Amaranth collapse
Chicago Tribune – Hedge-fund inflows declined 64 percent in the fourth quarter from the record pace of the previous three months, as investors reacted to the collapse of Amaranth Advisors LLC. Fund managers attracted $15.8 billion in the final three […]
SEC Fines Fund Manager for Illegal PIPE Trades
CCH Wall Street – The SEC has settled fraud charges against a former portfolio manager at a New York-based hedge fund for an illegal trading scheme involving three PIPE offerings. Joseph J. Spiegel, 35, agreed to settle charges that he […]
Strong interest in Brevan Howard listing
Times Online — Traders anticipate strong demand for a listing by hedge fund manager Brevan Howard on the London Stock Exchange. The closed-end vehicle will invest in one of Europe’s largest and most successful hedge funds, with $11.3 billion (£5.7 billion) under management. The firm’s main fund, which makes […]
Strong interest in Brevan Howard listing
Times Online — Traders anticipate strong demand for a listing by hedge fund manager Brevan Howard on the London Stock Exchange. The closed-end vehicle will invest in one of Europe’s largest and most successful hedge funds, with $11.3 billion (£5.7 billion) under management. The firm’s main fund, which makes […]
Hedge Funds and Insider Trading
New York Times – A truism of investing is that to beat the market consistently, an investor must either take above-average risk or trade on inside information. That inevitably casts a cloud overhedge funds, which exist to beat the market. […]
Northern Trust Sees Growth in Hedge Fund Servicing
MSN MoneyCentral – Northern Trust hedge fund administration and operations services expanded significantly in 2006, with more than 50 funds added during the year by new and existing clientsworldwide, including more than $1 billion in new assets for funds serviced […]
Hunter Biden, Senators Son, Leaves Hedge Fund Job
Bloomberg – R. Hunter Biden, a Washington lobbyist and son of U.S. presidential candidate Senator Joseph Biden, stepped down from daily management of Paradigm Global Advisors LLC, which he owns withhis uncle, James Biden. Paradigm, a New York-based firm that […]
ABI calls for hedge fund transparency
Times Online – BRITAIN’s most influential investor group, the Association of British Insurers, has called for City regulators to insist that hedge funds disclose their large positions at all times,not only when they are bidding for a business. The ABI, […]
Are hedge funds a necessary evil?
Financial Express –Statements emanating from different quarters indicate that the desirability of allowing trading by hedge funds in the country is being examined. When and under what regulatory framework would the same be introduced, if at all? Hedge funds have […]
Hedge funds bring in the money
CNN Money – NEW YORK (CNNMoney.com) — A record $126.5 billion flowed into the hedge fund industry last year, despite a weak fourth quarter for attracting new money, an industry tracker said Thursday. Hedge funds rebounded in 2006, nearly tripling […]
Ashburton prefers China to India
LONDON (Reuters) – A rise in Indian equities to record highs means they have become expensive and Chinese stocks offer more value in the short run, the manager of a newly-launched fund from investment firm Ashburton said. The Ashburton “Chindia” […]