Monthly Archives: January 2011
Barton Biggs’s Hedge-Fund Heroes Pile Up Zeroes in Cautionary Fable: Books
Bloomberg – Meet Mickey Cohen, a hedge-fund hero in January 2007. He’s got the Gulfstream V, the New York penthouse, two exes and Vanessa, a 25-year-old girlfriend who works at Sotheby’s. He even has started dabbling in Old Masters. “I figure […]
Top Hedge Fund Said To Have Taken Short Position In Barclays
Here Is The City – The Telegraph reports that DE Shaw, one of the world’s largest hedge funds, has taken an almost $159m short position in Barclays Bank, emphasising growing concerns that UK banks are facing headwinds operating in a […]
Hedge-Fund Bets on Feeder-Cattle Gain Reach Highest Since 2006
Bloomberg – Hedge funds are the most bullish on feeder-cattle futures since at least 2006, a sign that speculators may expect tight supplies of the animals to boost prices that already have surged to a record in Chicago. The funds […]
Institutional investors look to increase hedge fund exposure
Professional Pensions – Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds. The survey by SEI found more than half (54%) of respondents said they planned […]
Institutional investors look to increase hedge fund exposure
Professional Pensions – Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds. The survey by SEI found more than half (54%) of respondents said they planned […]
RBC Hedge Fund Index Returns 2.25% In December
New York (HedgeCo.net) – For the month of December 2010 the RBC Hedge 250 Index had a net return of 2.25 per cent, bringing the year-to-date return of the Index to 6.42 per cent. These returns are estimated and will be finalized […]
Hedge funds bet China is a bubble close to bursting
Telegraph – For his first-ever speech as Britain’s new Minister of Trade & Industry last week, Lord Green faced a formidable audience of 400 Chinese and British business delegates. The former chairman of HSBC declared that China’s economic growth figures […]
Ponzi is Prologue – What the Dodd Frank Act Means for SEC Fraud Enforcement Actions
Editorial Comment (Jay Gould, attorney) – A recent action against a hedge fund manager by the Securities and Exchange Commission (the “SEC”) serves as interesting prologue to the state of enforcement against suspected securities frauds once the Dodd-Frank Wall Street Reform […]
Crude Declines; Hedge Funds Raise Oil Bets
Bloomberg – Hedge funds raised bullish bets on oil by the most in five weeks as crude reached the highest level in more than two years amid signs that the global economic recovery is gaining momentum. Oil dropped, failing to […]
New California Lobbyist Law Upsets Hedge Funds
New York Times – A new California law has hedge funds and private equity reaching for some antacid. Starting this month, anyone who solicits money for private investment managers from the two largest public pension plans in California must register as a […]
Investcorp-Ballast in key partnership
Gulf Daily News – Investcorp, the alternative asset manager, and New York hedge fund manager, Ballast Capital Management, have formed a strategic partnership. Ballast, which specialises in long-short equity, is the latest addition to Investcorp’s single manager platform. The partnership […]
Hedge Funds Reduce Bullish Gold Bets as `Big Boys Are Starting to Get Out’
Bloomberg – Hedge funds reduced their bullish bet on a gold rally to the lowest level since July 2009 after the metal climbed for 10 straight years. The funds and other large speculators held net-long positions, or wagers on rising […]