Tag Archives: derivatives


Slumping Energy Demand Has Bottomed, Fund Manager Melis Says

September 25, 2009 : Permalink

Bloomberg – The decline in energy demand and drop in German electricity prices may have ended, according to the chief executive officer of hedge-fund manager Energy Capital Management BV. “The forward prices are at lows, the spot prices are at […]

Citadel fund files $470 mln claim against Lehman

August 25, 2009 : Permalink

Reuters – Hedge fund Citadel Investment Group claims it is owed $470.5 million on derivatives contracts it held with Lehman Brothers, according to a claim filed in a New York bankruptcy court last week. Citadel, which manages around $12 billion […]

Ex-Lehman Banker Filippi Raises $35 Million for Commodity Fund

August 19, 2009 : Permalink

Bloomberg – Edward Filippi, previously with Lehman Brothers Holdings Inc., raised $35 million for a hedge fund investing in energy, metals and agricultural derivatives. The Ground Zero Strategic Commodities Fund may begin trading in the first quarter of next year, […]

JPMorgan, Hedge Funds May Lose as Derivatives Proposal Advances

August 12, 2009 : Permalink

Bloomberg – President Barack Obama sent Congress his plan to rein in the $592 trillion over-the-counter derivatives industry, a measure that would cut into a profitable market for banks led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. […]

Guardian lost £24m in bungled currency trading

August 10, 2009 : Permalink

Times Online – Guardian Media Group, the owner of The Guardian and The Observer newspapers, lost £24m last year on botched currency trading as it tried to protect hedge-fund investments. The newspaper publisher, which is considering closing The Observer, the […]

M&G’s Dobell blasts ‘selfish’ hedge funds

June 30, 2009 : Permalink

Times Online – One of the most senior fund managers at Prudential has attacked hedge funds as selfish and devious and blasted derivatives as “the scourge of the modern age”. Tom Dobell, who manages the £3 billion Recovery Fund for […]

Hedge-Fund Guy Points Toward Z-Shaped Recovery

June 25, 2009 : Permalink

Bloomberg – Dear investor, our statutory obligations demand that we update you on how well we’ve taken care of your money here at Coin-Toss Investment Management. Attached to this missive is a picture illustrating our fund’s performance this year, showing […]

Mellon Capital readying multi-strat hedge fund

June 24, 2009 : Permalink

Reuters – Mellon Capital Management, which invests money for pension funds and others, plans to launch a new hedge fund in August, a top executive said on Tuesday. The new portfolio, which is slated to become the group’s flagship hedge […]

ECB’s Bini Smaghi wants hedge fund, inv bank regulation

June 19, 2009 : Permalink

Forbes – There should be regulation for areas which have previously been excluded from supervision such as hedge funds, investment banks and derivatives, European Central Bank Executive Board Member Lorenzo Bini Smaghi said on Friday. ‘There is no problem of […]

Hedge funds crawl back to life

June 18, 2009 : Permalink

Reuters – Hedge funds are crawling back to life after a turbulent 2008 that has almost halved their assets, and fewer but stronger survivors are set to regain their leverage to chase bargains in a less competitive environment. Hedge funds, […]

Ex Hedge Fund Trader Vs. Ex Wife, High Powered Hide and Seek

June 10, 2009 : Permalink

West Palm Beach (HedgeCo.net) – In a bizarre hedge fund story sent to me by a reader, an ex JP Morgan Director and ex trader for hedge funds Tudor and Brevan Howard has been traced by his ex wife’s investigators […]

Catastrophe Derivatives Demand Surges as Storm Season Nears

May 19, 2009 : Permalink

Insurance Journal – Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming North Atlantic hurricane season likely to give a further boost. Prices are at record levels for Industry […]