Tag Archives: forbes


Bad Boy of Hedge Funds

Forbes – Polygon’s Reade Griffith is a poster child for what’s wrong with the hedge fund industry these days. A year ago, Griffith, heading into a disastrous year where he wound up losing 48%, gated investors, barring them from yanking […]

Barneys eyes restructuring or bankruptcy -report

Forbes – Barneys New York Inc is eyeing a debt restructuring or bankruptcy filing under which its owner, Dubai’s Istithmar World Capital, may lose control of the high-end retailer, Bloomberg reported, citing people familiar with the matter. Hedge fund Perry […]

Transcript: Hedge Fund Roundtable, Part One

Forbes – Three hedge-fund heads discuss funds’ performance over the last year and debate potential tax code changes. Funds Lost Their Hedge? David Serchuk: OK, everybody, thank you for meeting with us today on the Forbes.com Intelligent Investing Team. It’s […]

A Hedge Fund Roundtable

Forbes – Hedge fund managers Lloyd Khaner, Stephen Roseman and Ken Shubin Stein discuss changes in the industry post-Bernie Madoff. The next video will include a discussion between three hedge fund managers and Intelligent Investing assistant editor David Serchuk. In […]

Man Group sells remaining MF Global stake

Forbes – British hedge fund manager Man Group on Friday said it had agreed to sell its remaining stake in futures and options broker MF Global to Japanese bank Nomura. Man, the world’s biggest listed hedge fund manager, said it […]

FSA bans long-term guaranteed bonuses

Forbes – Britain’s financial regulator on Wednesday banned guaranteed banker bonuses of more than one year, as it leads a global crackdown on a culture of excessive risk-taking that has destabilised economies. The Financial Services Athourity (FSA), which has been […]

Long-only leads hedge fund returns in July

Forbes – Long-only hedge fund strategies posted the best returns of the asset class in July as global stock markets continued their upward trend, according to data in a report published by Lipper Global on Tuesday. As the industry looks […]

Hedge fund FRM unit to invest $60 mln in new fund

Forbes – Global fund of hedge funds firm FRM Capital Advisors (FCA) said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]

How A Hedge Fund Finesses Returns

Forbes – PetroAlgae, a Melbourne, Fla., company, is a renewable energy miracle–at least in the stock market. The company, which aims to harvest oil from algae, started trading on the OTC Bulletin Board in December 2008 at under $1 through […]

Hedge fund firm RAB says assets fall 32 percent

Forbes – Hedge fund firm RAB Capital said on Wednesday that assets under management fell 32 percent in the six months to June but said clients had started putting money into its single strategy funds since April. The firm said […]

Why Polygon Is Losing Pace

Forbes – Markets around the world have been rallying all year. So how did Polygon’s flagship hedge fund manage to lose money? Polygon Global Opportunities Master Fund delivered a negative 2.92% net return as of June 30, lagging far behind […]

Bardem Turns Down Role in ‘Wall Street’ Sequel

New York Times Blogs – Actor Javier Bardem has turned down a role in the sequel to Oliver Stone’s seminal 1980s treatise on greed, “Wall Street.” The Oscar winner was to have played the world’s villain du jour: a hedge […]