Tag Archives: hedge fund
USS hires UBS to deliver hedge fund of funds admin services
Professional Pensions – The Universities Superannuation Scheme has appointed UBS Global Asset Management – Fund Services to deliver hedge fund of funds administration services. The country’s second largest pension fund said it had enhanced its in-house hedge fund selection capability […]
Lighthouse Prime Services Announces Upcoming Capital Introduction Program Events
Earthtimes – Lighthouse Prime Services, a division of Lighthouse Financial and a leading prime brokerage services provider dedicated to the needs of emerging and newly established hedge funds and managed account platforms, announces its upcoming slate of events as part […]
Sweden mulls EU summit ahead of G20 meeting
The Swedish Wire – Sweden, which holds the rotating EU presidency, is consulting European capitals and “most of them are positive” about the idea, said Roberta Alenius, spokeswoman for Swedish Prime Minister Fredrik Reinfeldt. “The prime minister wants a summit […]
Pinpoint Funds Beat Peers With China Stocks, Convertible Bonds
Bloomberg – Pinpoint Investment Advisor Ltd., a hedge fund manager of $560 million, returned as much as four times its Asian peers this year through July with profits from a rebound in Chinese stocks and debt securities. The $70 million […]
Another Lawsuit Targets Valhalla Investment Partners
Herald Tribune – Two investors who lost $750,000 in the implosion of Scoop Management have filed a lawsuit against investment managers Neil and Chris Moody, who ran the Valhalla Investment Partners L.P. hedge fund. Bruce M. Bell and Richard G. […]
Calif. hedge fund manager pleads guilty to fraud
Riverside Press Enterprise – The founder and manager of two Beverly Hills hedge funds has pleaded guilty to federal fraud charges. Bradley Ruderman pleaded guilty Monday to two counts of wire fraud, two counts of investment adviser fraud and a […]
Sweden mulls EU summit ahead of G20 meeting
The Swedish Wire – Sweden, which holds the rotating EU presidency, is consulting European capitals and “most of them are positive” about the idea, said Roberta Alenius, spokeswoman for Swedish Prime Minister Fredrik Reinfeldt. “The prime minister wants a summit […]
Pinpoint Funds Beat Peers With China Stocks, Bonds
Bloomberg – Pinpoint Investment Advisor Ltd., a hedge fund manager of $560 million, returned as much as four times its Asian peers this year through July with profits from a rebound in Chinese stocks and debt securities. The $70 million […]
Citadel fund files $470 mln claim against Lehman
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 […]
$8.8 million paid to clients of former financial adviser
The Tribune – The more than $8.8 million judgment awarded to clients of Jeffrey Forrest has been paid, six months after a financial regulatory agency determined that the former San Luis Obispo investment adviser had misrepresented a risky hedge fund […]
Hedge funds in 2009 recovery
Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]
Hedge Fund Elliott Management’s Market Commentary
Seeking Alpha – Very in-depth and analytical commentary out of Elliott Management in their recent second quarter 2009 letter to investors. The hedge fund has penned a 24 page letter covering topics of risk management, the automotive industry, regulation, distressed […]