Tag Archives: trading-futures
Success of managed futures is a mixed bag
Chicago Tribune – Strong returns are a mixed blessing this year for investment funds that specialize in trading futures contracts. While the stock market plunged about 35 percent, managed futures funds posted annual returns of about 16 percent, according to […]
Salida Capital Freezes Three Funds That Used Lehman as Broker
Bloomberg – Salida Capital Corp., a Toronto-based hedge-fund manager with assets of about C$900 million ($834 million), halted redemptions on three of its funds after the bankruptcy of Lehman Brothers Holdings Inc. Lehman acted as prime broker for Salida’s C$157 […]
Funds Try to Lose Ties to Lehman
New York Times – For some hedge funds, Lehman Brothers has become the Roach Motel of Wall Street: They checked in, but they can’t check out. Two weeks after Lehman spiraled into bankruptcy, hedge funds that did business with the […]
Hedge funds to hand back millions
Telegraph.co.uk – In the biggest-ever round of redemptions, funds around the world are braced to give back between 10pc and 50pc of their assets under management. Hedge funds were faced with a slew of redemption notices at the start of […]
Introduction Capital Announces Executive Sponsors for its Forum
TORONTO – Introduction Capital announced today that BMOCapital Markets and Sprott Asset Management have signed on as the executivesponsors for its third annual forum for sophisticated global investors whoare interested in the Canadian hedge fund market entitled "Canadian HedgeFund Managers […]
Judge Drops Suit Against UBS, Not Responsible for Hedge Fund Fraud
New York (HedgeCo.Net) – Service providers for hedge funds scored a victory yesterday when a New York judge threw out a suit filed against UBS by defrauded investors. Judge Charles Ramos dismissed the complaint in a Manhattan court at the […]
Goldman May Take Heat for Bayou Hedge Fund Fraud
New York (HedgeCo.Net) – Disdained investors of the former Bayou hedge fund, run by one-time fugitive Sam Israel, are going after Goldman Sachs for $20 million to try and recover some of their losses. Goldman Sachs served as the prime […]
Defrauded fund investors sue Goldman
International Herald Tribune- Samuel Israel 3rd bilked his investors out of $250 million, but they are hoping to recoup some of their money from one of Wall Street’s deepest pockets: Goldman Sachs. Bayou’s creditors were taking aim at Goldman even before […]
Bear Stearns Not Liable for Fraudulent Fund
New York (HedgeCo.Net) – Bear Stearns has triumphed in a case involving disgruntled investors seeking $141 million for the losses they incurred following the collapse of the Manhattan Investment Fund Ltd., a hedge fund where Bear served as the prime […]
Athamas Hedge Fund Launch
West Palm Beach (HedgeCo.Net)- Athamas Capital, a Luxembourg domiciled alternative investment fund, has announced the launch of the Athamas Capital SICAV SIF Hedge Fund. (Specialised Investment Fund) Launched on June 1st, the hedge fund´s strategy is to achieve an absolute […]
