Monthly Archives: January 2011
Prospect Targets Asset Increase After Freeze’s Japan Hedge Fund Gains 210%
Bloomberg – Curtis Freeze, who has been investing in Japan for more than 20 years, aims to rebuild his firm’s assets after they fell more than 85 percent from their peak. Honolulu-based Prospect Asset Management Inc., which manages $280 million, […]
Thames River names new property hedge fund manager
Reuters – Fund manager Thames River Property Investment Trust has appointed Raymond Lahaut as lead manager of its Longstone property hedge fund, replacing Christian Roos who is to join De Putron Fund Management. Thames River Property Investment Trust is managed by […]
Hedge Funds Have Big Stake in Gold’s Direction
Emii.com – The 5 percent or so pullback in the price of gold as well as gold exchange traded funds and mining stocks in recent weeks has sparked a debate over whether gold’s rapid runup has peaked, or simply a […]
Tenacious Contacts Lead To $1 Billion International Hedge Fund & Loan Scam
New York (HedgeCo.net) – The founder of Hong Kong-based hedge fund consultancy company and New York lawyer has been linked to two Liechtenstein businessmen recently fined $157 million each for their part in a US loan scam, according to The […]
Bermuda plays the tax card to lure hedge funds
The Australian – Bermuda, which has long been the preferred offshore home of the insurance sector, is vying with Switzerland and other low-tax regimes for a chunk of the highly mobile hedge fund industry. Business Bermuda, the inward investment agency, […]
Big Short Eisman Vies With Goldman in Faceoff Over For-Profits
Bloomberg – U.S. higher-education stocks fell 48 percent from April to October last year as the federal government proposed tighter regulation and short sellers led by hedge-fund manager Steve Eisman targeted for-profit colleges. Eisman, whose early bet against the housing […]
Williams taps hedge fund experience at helm of Florida pension
Pensions & Investments – Ashbel C. Williams Jr. is possibly the only former hedge fund manager now leading a major pension fund. He was hired as executive director and chief investment officer of the Florida State Board of Administration in 2008 […]
Bullish Gold Bets by Funds Slump on Worst Price Slide Since 1997
Bloomberg – Hedge funds are unloading bullish bets on gold as a slide in prices sends the metal to its worst start to a year since 1997. Holdings in silver dropped to the lowest since February. Managed-money funds held net-long […]
Eisman’s fund down 8.3 pct in 2010
NY Post – Hedge fund manager Steve Eisman’s FrontPoint Financial Services fund fell 8.3 percent in value in 2010, the New York Post said, citing reports sent to clients. Eisman’s assets under management fell to about $725 million from $1.3 billion […]
Judge Considers Probe of WaMu’s Chapter 11: Implications for Hedge Funds and Shareholders
Seeking Alpha – Federal bankruptcy Judge Mary F. Walrath indicated on Thursday that she may allow for an examination into allegations that four hedge funds had participated in insider trading regarding Washington Mutual’s chapter eleven proceedings. Suspicions were originally raised […]
The Secret Behind The #7 Best Performing Hedge Fund Of 2010: The 10 Math Geniuses They Got In China
Business Insider – Brian Taylor’s Pine River Capital returned 91% in 2009 and in 2010, one of their portfolios, Steve Kuhn’s $1.2 billion portfolio, returned 27% betting on the same strategy. His bet was basically that the market, which was implying […]