Monthly Archives: March 2013
What Do Hedge Funds Want From New Employees?
New York (HedgeCo.Net) – Hedge funds have become some of the most exciting firms within the financial sector. It isn’t just the money that attracts job seekers — applicants are also drawn to the culture and fast-paced environment. Before applying […]
Paulson hedge fund seeks dismissal of Abacus lawsuit
Chicago Tribune – Paulson & Co asked a judge to dismiss a lawsuit accusing the firm of conspiring with Goldman Sachs Group Inc to get a bond insurer to guarantee payments on an investment allegedly designed to fail. In a filing […]
Eurekahedge Hedge Fund Index up 0.22%
New York (HedgeCo.Net) – The global hedge funds sector currently standing at more than US$1.8 trillion, the sector has seen positive returns across all regions in 2012 – with Asia ex-Japan as the best performing region at 12.14% of gains. […]
NRI Grows Presence in Europe with Luxembourg Office
Nomura Research Institute (NRI), Ltd., a leading provider of consulting services and system solutions, announced today the opening of its new Luxembourg office – Nomura Research Institute Europe Limited Luxembourg Branch (NRI Europe Luxembourg Branch). NRI Europe Luxembourg Branch will […]
FATCA Biggest Concern for Hedge Fund Directors
WSJ – New regulations governing the Foreign Account Tax Compliance Act are a primary area of concern for directors of U.S. hedge funds, according to a new poll. Read Complete Article
Avenue hedge fund names CIO as Lasry seen getting ambassadorship
Reuters – As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has told investors it is naming its first chief investment officer, according to […]
Hedge Funds Continue With Their Dollar Love Affair
ValueWalk – Hedge funds are still lagging the market for 2013, although a few famous funds are having a great year. Macro hedge funds now aggressively selling commodities for the first time since January this year. In the FX world, […]
The hedge fund managers profiting off Sandy Hook
Salon – After Adam Lanza shot dead 20 children in a Connecticut primary school with his mother’s Bushmaster XM15-E2S rifle, public discourse turned swiftly to the well-hashed gun control debate. Legislation was proposed, teacher gun-training groups launched, Bushmasters flew off shelves in […]
Cyprus Hits Hedge Funds with Long Euro Position Off Guard
Value Walk – Cyprus was the fifth nation in EU to seek rescue from the Torika in an attempt to save itself from a burgeoning debt crisis. However, the €10 billion that were set to reach the country as part of its bailout […]
HedgeFund Intelligence ranked Inflection first in league table for 2012
West Palm Beach (HedgeCo.Net) – Inflection Management Inc. today announced that hedge fund database HedgeFund Intelligence ranked the Inflection Strategic Opportunities Fund (“Inflection” or the “Fund”) as the top performer worldwide for 2012 within a league table category for US […]
SEC Makes Investors Jump Through Hoops as Fund Managers Wait for New Rules
Last year, Congress passed the JOBS Act, a new bill that was designed to foster the growth of startups. Hedge funds were particularly excited about the bill because it was expected to allow the Securities and Exchange Commission to form […]
Hedge funds’ reputation in the balance By John Gapper
FT – There is little ambiguity about the ultimate target of investigators and prosecutors in their seven-year campaign to halt insider trading by hedge funds on Wall Street. He is “Portfolio Manager A” in Friday’s historic $614m settlement with SAC, the highly […]