Tag Archives: hedge funds
UBS names Sclater to head Singapore prime broking
Reuters – UBS has named Alastair Sclater to the new post of head of its Singapore prime brokerage, as the Swiss bank aims to build that business in Asia’s second-biggest centre for hedge funds. Singapore, which competes with rival Asian […]
Newsletter writer’s lawyer seeks dismissal
HeraldTribune.com – An attorney representing newsletter writer Don Rowe, who strongly recommended Arthur G. Nadel’s hedge funds to some investors, is seeking to have a civil fraud suit against his client dismissed. In an Aug. 3 filing in circuit court […]
Hedge funders’ suit claims money went to porn investment, swingers’ resort
New York Daily News – A California moneyman with X-rated interests is being sued by several hedge funds who accuse him of shoveling their millions into porn and a planned Catskills swingers ranch. Milton (Todd) Ault 3rd is charged with […]
Hedge Fund Models Need to Evolve- Deloitte Research
HedgeCo.net (West Palm Beach) – A new research paper by Deloitte LLC: "How Hedge Funds Are Becoming the Ultimate Networked Enterprise," focuses on how hedge fund methods of interacting with prime brokers and third-party administrators needs to be rethought in […]
Bandon Flagship Strategy Gains Momentum, 5th Year Reached
HedgeCo.net (West Palm Beach) – Bandon Capital Management has reached it’s 5th year for its hedge fund flagship investment strategy, ‘Directional Interest Rate Strategy’, (DIRS) producing annualized returns of +7.09% net of all fees, comparatively over the same time period […]
2009 European Industry Leadership Award Goes To Paulson Director
HedgeCo.net (West Palm Beach) – Ms. Mina Gerowin, Managing Director of Paulson Europe, is this year’s recipient of the 100 Women in Hedge Funds 2009 European Industry Leadership Award. In recognition of outstanding professional talent and business ethics, Ms. Gerowin […]
Madoff aide to plead guilty in Ponzi scheme
Newsday – Bernard Madoff’s top lieutenant in his Ponzi scheme is scheduled to plead guilty Tuesday to federal charges in what many legal observers believe is a cooperation deal that could lead to trouble for some major hedge fund operators. […]
Hedge Funds Try to Keep Pace With Equities Market
HedgeCo.net (West Palm Beach) – Hedge fund consultant, Hennessee Group LLC, reported that managers benefited as international equities rallied in July, while the unpredictability of government intervention continues to be one of the greatest concerns for hedge funds. “We have […]
Hedge funds making a comeback
Stuff – Hedge funds posted more gains last month, providing fresh evidence that the US$1.4 trillion industry is recovering after last year’s heavy losses and record redemptions. The average hedge fund gained 2.42 percent in July after having inched up […]
Hedge funds gain 2.42 percent in July
Reuters – Hedge funds posted more gains last month, providing fresh evidence that the $1.4 trillion industry is recovering after last year’s heavy losses and record redemptions. The average hedge fund gained 2.42 percent in July after having inched up […]
AIG Gains From Hedge Fund Rebound After $2 Billion of Losses
Bloomberg – American International Group Inc., the insurer bailed out by the U.S., benefited from hedge funds for the first time in a year as the company returned to profitability in the second quarter. AIG earned $121 million from hedge […]
