Monthly Archives: January 2012
Everything You Need to Know About Wall Street, in One Brief Tale
Rolling Stone – If there was ever a news story that crystalized the moral dementia of modern Wall Street in one little vignette, this is it. Newspapers in Colorado today are reporting that the elegant Hotel Jerome in Aspen, Colorado, […]
Swiss Bank Hires Hedge Fund Specialist
New York (HedgeCo.net) – A Geneva bank, Man Brothers, has selected Brady plc, a global supplier of trading, hedge fund risk management and settlement solutions to the metals, energy and softs sectors, to handle their trade finance operations. The Brady solution which […]
Asian hedge fund size increasing as managers embrace better corporate governance
Hedge Funds Review – Asian-based hedge funds are increasing in size as more embrace good governance aimed at attracting institutional money, according to BNY Mellon’s head of alternative investment services in Asia. For the first time the average size of […]
Cuts and Hedge Funds Deals Dominate TS Eliot Prize
Channel 4 – Poet laureate Carol Ann Duffy tells Channel 4 News “every poet must follow their conscience” as the withdrawal of two poets overshadows this year’s TS Eliot Prize for poetry. “There’s a real feeling of celebration… the brotherhood […]
Hedge Funds May Attract $80 Billion in 2012, Barclays Says
SF Chronicle – Investors may add about $80 billion of new capital to hedge funds globally this year, the most since 2007, Barclays Plc said in a report. About 56 percent of investors surveyed by Barclays plan to increase such […]
Hedge funds have a right to free speech
Dow Jones – The Managed Funds Association, a trade association representing the global alternative investment industry, this month wrote to the Securities & Exchange Commission calling for the repeal of a US rule established in 1933. In a letter to […]
European hedge funds line up bets on China downturn
ET – European hedge fund managers are betting that China’s once red hot economic growth will cool dramatically in 2012, hitting companies, economies and commodity prices that have been fuelled by the world’s second largest economy in recent years. Managers […]
Manager Of Formerly $550 Million Hedge Fund Firm Threatened With Jail After Being Held In Contempt
Forbes – The manager of a formerly $550 million hedge fund firm has been found to be in civil contempt of court for violating temporary injuction orders and threatened with jail time by a Connecticut state judge who disapproved of […]
Hedge funds hunker down for Greek debt standoff
Reuters – Hedge funds are positioning to profit from a plan to slash Greece’s towering debt pile as Athens enters final talks that could sway the country’s membership of the euro. York Capital, the $14 billion fund part-owned by Swiss […]
Billionaire Paulson Persists With Property
Bloomberg – Mortgage securities are drawing buyers after tumbling last year and handing billionaire hedge fund manager John Paulson his first loss in the bond market. Paulson, who made $15 billion in 2007 betting against U.S. subprime mortgages, is sticking with bullish investments in […]
Hedge funds to see big shift of assets in 2012: survey
Reuters – Hedge fund investors are likely to move almost a sixth of their cash into the hands of different managers in 2012, a report on Friday showed, as firms in the $2 trillion sector grapple with winning back the […]
As Fears Ebb, Hedge Funds Dip Toes Back Into ‘Macro’ Bets
Dow Jones -Some hedge funds are kicking off the new year with glimmers of hope. After a gut-wrenching 2011, these funds are betting signs of improvement in financial markets will give traditional “macro” trades based on economic growth and inflation a […]