Category Archives: Syndicated
Amaranth losses may hit San Diego pension fund
Marketwatch – Losses of more than $3 billion suffered by Amaranth Advisors LLC this month may not just hit the wealthy individuals and big Wall Street institutions that have historically invested in hedge funds. Pensioners and state workers could also […]
Funds not selling on Thailand coup
HONG KONG (Reuters) – Foreign fund managers said on Wednesday they have not starting dumping Thai assets after the army seized power, and that they may use the coup as an opportunity to enter one ofAsia’s most inexpensive markets. But […]
Losses raise questions about hedge fund type – Houston Chronicle
Houston Chronicle – Huge trading losses at Amaranth Advisors belie the notion that “multistrategy” hedge funds are safer than their single-strategy peers and could lead to calls for more transparencyand controls, experts said Tuesday. The $9 billion Amaranth fund told […]
Hedge fund manager steers clear of natural gas
Globe and Mail – Not every hedge fund manager is betting the farm on natural gas. New York-based Van Eck Global Absolute Return Advisers Corp. certainly isn’t. The company, which has been offering alternative investments for more than 50 years, […]
Currencies: Pension and hedge funds could push dollar down
International Herald Tribune – The dollar may fall to a 10-year low as American pension, mutual and hedge funds increase their purchases of overseas investments. Three quarters of the money flowing into U.S. mutual funds in the first seven […]
Hedge fund Amaranth loses heavily on gas trades
Earthtimes – NEW YORK: Hedge fund Amaranth Advisors LLC informed investors its two main funds fell by as much as 50 per cent in September because of the decline in natural gas prices. The firm is selling a major portion […]
Some hedge funds hit a slump this year –
USA Today – In the spirit of glasnost, here’s an illuminating fact about the secretive hedge fund world that investors pining to get into these mysterious investments should know: Many hedge fundsare losing money this year. Roughly 20% of the […]
SAC’s Cohen sees risk of mass hedge fund exit
Reuters – Steven Cohen, the billionaire founder of SAC Capital Advisors, said in an interview with the Wall Street Journal that there may eventually be a sharp fall in the stock market, exacerbatedby hedge funds crowding into similar shares. In […]
Goldstein beat SEC on hedge fund rule
Morris County Daily Record – That fellow who recently forced the Securities and Exchange Commission to stop trying to register hedge funds? He turns out to be smart, gabby and garrulous, and colorful. And he recently set up shop in […]
Encinitas man accused in $18 million hedge fund fraud
North County Times – An Encinitas investment manager is one of four men accused by the U.S. Securities and Exchange Commission of defrauding at least 70 investors of about $18 million. The SEC said the scheme was aimed at investors […]
Hedge funds that take from the rich and give to the poor
THE idea behind one of the most innovative and ÂÂinfluential philanthropic organisations of our time sprang from one of the more boneheaded macroeconomic calls ever made on Wall Street. Or as hedge fund ÂÂmaestro Paul Tudor Jones tells it: “The […]
Soros, Hedge Funds Pump Cash Into Elections
NewsMax.com – Top hedge fund managers are pouring money into U.S. political campaigns ahead of November’s congressional elections as the government considers what to do about the lightly policedhedge fund industry. Campaign finance records show 20 of the most successful […]