Monthly Archives: January 2013
Pyxis Capital, L.P., Adds Four New Regional Sales Directors
Pyxis Capital L.P. (“Pyxis”), a leading provider of registered alternative investments, has continued its rapid business expansion, announcing today that it has hired new Regional Sales Directors in Texas, Illinois, California and the Northeast. Casey Gage (Texas), Sandie Rodda (Illinois), […]
Hedge funds nurse heavy losses after UPS-TNT deal collapses
Reuters – United Parcel Service’s decision to abandon its 5.2 billion euro bid for TNT Express has left hedge funds nursing potential losses of more than $700 million, as the Dutch delivery firm’s shares slid. So-called merger arbitrage funds – […]
You Can’t Eat The Prada Bag
Unless the numbers change, a multitude of GenXers will probably be forced to accept a lower standard of living in their retirement than their seven younger decades. Currently less than half of Gen X has saved $100k to prepare for […]
Women and Alternatives: A Long-Deferred Tipping Point
All About Alpha – Rothstein Kass, an auditing and professional services firm with offices in California, Colorado, Massachusetts, New Jersey, New York, Texas and the Caymans, has released the results of its second annual survey of women in the alternative […]
Allenbridge hires former top HSBC hedge fund manager
Reuters – Allenbridge Investment Solutions has hired Tim Gascoigne, the former manager of HSBC Alternative Investment’s flagship $2.4 billion fund of hedge funds, the advisory firm said. Gascoigne, who was responsible for around $4 billion of the $38 billion that […]
Yale May Buy More Hedge Fund Assets After Favoring Cash
Bloomberg – Yale University, the second- wealthiest college, may increase its holdings of hedge funds after cutting them last year and shifting into cash, according to a report from the investments office run by David Swensen. Yale, whose $19.3 billion […]
Hedge funds bet British retailers’ troubles will deepen
Reuters – Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain’s retail chains, and are targeting some of its best-known electrical, clothes and supermarket stores. With the economic […]
Top 10 Trends in Institutional Securities & Investments, 2013
User Contributed News – A new report from Aite Group reveals the top 10 trends that will shape the institutional securities & investments industry in 2013. While regulation will remain a dominant concern and industry driver, it is in a more mature […]
Hedge Fund Fraud: Wireless Analyst Sentenced to 4+ Years
New York (HedgeCo.Net) – The securities research analyst who had publicly refused in 2010 to wear a wire in a hedge fund insider trading trading probe was sentenced yesterday to over four years in prison, Bloomberg’s HedgeWorld reports. John Kinnucan […]
Hedge Fund People – BTIG Hires Three Knight Capital Traders
New York (HedgeCo.Net) – Global institutional trading and related brokerage services firm BTIG LLC, has added three hedge fund veteran traders: Matt Biety, Matt Krebs and Peter Murphy, to its Chicago office. Peter Murphy joins BTIG as a Managing Director. He is […]
Kid Sends Perfectly Blunt Cover Letter For Wall Street Internship, And Now Tons Of People Are Trying To Hire Him
Business Insider – Sometimes we get forwarded applications for summer internships on Wall Street that are extremely embarrassing because the applicant is totally full of themselves or completely clueless. What happens is the letters go viral and the Street passes […]
GFI Group Introduces GFI Direct – its Multi-Bank Trading Platform
User Contributed News – GFI Group Inc. (NYSE:GFIG) announced today that the FENICS FX options multi-bank trading platform “FENICS TraderSM“ will now be operated by regulated subsidiaries of GFI Group Inc. and renamed GFI Direct. This repositioning of the Request for […]