Tag Archives: hedge fund
U.S. hedge fund D.E. Shaw sees chance in Gulf region
Reuters – D.E. Shaw, the world’s fourth largest hedge fund, is opening in Dubai to tap public and private opportunities in the world’s largest oil exporting region and ease Gulf Arab investors moves into overseas markets. “We wanted to be […]
Tough Accusations In Hedge Fund Lawsuit
Conneticut Law Tribune – Stamford Superior Court Judge John F. Blawie ordered the international investment giant to post the funds in advance of litigation, stating that the hedge fund established probable cause that UBS sold the debt instruments even though […]
Agile clients sue over frozen accounts
The Denver Post – The plaintiffs allege Agile inappropriately placed their funds into a high- risk, unsuitable investment called the Agile Safety Variable Fund, which destroyed their retirement nest eggs. The Safety Fund, despite its name, was a leveraged hedge […]
Goldman Hedge Fund Report: More Consolidation Ahead
Seeking Alpha – The one trend market pundits seem to collectively be predicting with ease for the hedge fund industry is so-called consolidation. Which is why a list of the 100 largest U.S. hedge funds, ranked by equity assets, buried […]
A Mideast Fund’s Failing Fortunes
New York Times – Dubai’s once-heralded trophy assets now look more like lead weights, Breakingviews says. Istithmar World, one of the investment vehicles controlled by the emirate, has a portfolio that was estimated to be worth $9 billion last year. […]
Ex-Macquarie Team Starts Helix Quant Global Equities Hedge Fund
Bloomberg – Three former Macquarie Group Ltd. quantitative strategists have started a hedge fund with the backing of Ascalon Capital Managers Ltd. to invest in global equities using computer-trading models. Helix Partners Ltd. will invest using strategies developed by Brandt […]
Man Group Launches Onshore Version Of Giant Hedge Fund
Dow Jones – Man Group PLC said Thursday it is launching an onshore version of its AHL product, one of the largest single hedge funds with some $20 billion assets under management, in a further sign of the company’s confidence […]
Hedge Fund Settles Madoff Suit
News Inferno – One hedge fund has agreed to reimburse its investors who were swindled in the historic Ponzi scheme orchestrated by the disgraced, now jailed, financier, Bernard Madoff. The hedge fund—Fairfield Greenwich Advisors—apparently moved money to Madoff, said Boston.com, […]
Madoff recorded coaching witness to outsmart SEC
Yahoo News – Madoff dismissed an SEC investigation as a “fishing expedition” and highlighted how investigators develop cozy relationships with firms they are supposed to regulate. “The guys … ask a zillion different questions and we look at them sometimes […]
Hedge funds attract $4.5 billion in Aug 2009
New York (HedgeCo.net) – Preliminary reporting from Eurekahedge finds that August marks the 6th consecutive month of positive returns for hedge funds (up 13.1% YTD); hedge funds up 2.6% for the last 12 months, while the MSCI AC World Index […]
Peak Oil Investing Hedge Fund Launch
New York (HedgeCo.net) – Hedge fund investor, logi ENERGY LLC., has announced the formation of The Peak Oil Value Fund. Launched September 8, the new hedge fund is the first of its kind aimed at institutional and accredited investors. “We […]
Omnium: The New Standard in Hedge Fund Administration
New York (Press Release) – Citadel Solutions announced today that it has changed its name to Omnium, effective immediately. This name change reflects the continuing evolution of the state-of-the-art hedge fund administrator, which has grown significantly since it began in […]
