Tag Archives: wall street
Wall Street Banks Join Hedge Funds in Boosting Treasury Holdings
Wall Street’s biggest bond dealers are joining hedge funds in loading up on Treasuries as the outlook for inflation tumbles. JPMorgan Chase & Co., Citigroup Inc. and the 20 other companies that trade with the Federal Reserve increased their holdings […]
Wall Street & Democrats: A Love/Hate Relationship
New York (HedgeCoVest.Com) – In a feud that seems to have been going on as long as the feud between the Hatfields and McCoys, several major Democratic politicians have taken up the next battle between Wall Street and the Democratic […]
Watchdogs tell hedge funds: we are on to your game
The Independant – Insiders at the Securities and Exchange Commission, the Wall Street watchdog, and at the Justice Department say that there are more civil charges and more criminal prosecutions in the offing. Hedge fund managers need to learn to […]
Citadel earned about $1 bln from high frequency trades
WSJ – Citadel Investment Group LLC earned about $1 billion last year from a unit involved in high frequency trading, the Wall Street Journal said, citing the testimony of a former employee of the hedge fund firm. According to the […]
Eliot Spitzer’s first day teaching at CCNY
Hooker-loving ex-Gov. Eliot Spitzer knocked the socks off the students at his lecture Tuesday at City College. Students attending his law and public policy course laughed and even applauded as Spitzer delivered a lively talk that cited big thinkers ranging […]
Wall Street Stealth Lobby Defends $35 Billion Derivatives Haul
Bloomberg – Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives market that is facing the biggest overhaul since its creation 30 years ago. Five U.S. commercial banks, including […]
Hedge Fund Subscriptions Back To Pre-Crisis Levels
Wall Street Journal – Hedge fund subscriptions have returned to pre-financial crisis levels and redemptions slowed markedly in August, GlobeOp Financial Services SA, a hedge fund administrator, said Thursday. The company, which runs middle- and back-office functions for 180 hedge […]
Funds Snapped Up Financial Stocks in 2nd Quarter
New York Times Blogs – A closely watched report by Goldman Sachs found that hedge funds made an outsize bet on financial stocks in the second quarter, The Wall Street Journal reported. The Goldman “Hedge Fund Trend Monitor” said hedge […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
Investors Begin Opening Their Wallets to Hedge Funds Again
Wall Street Journal Blogs – Are hedge-fund managers making a comeback with investors? The great recession hammered the hedge-fund industry in 2008. Returns tumbled, redemptions soared and investors began questioning the very underpinnings of the industry. Active managers promise to […]
