Monthly Archives: March 2012

Money Management – Ever since the first impact of the global financial crisis, both international and domestic regulators have been announcing changes to hedge funds, which would aim at improving disclosure and investor protection. Where are we now? Janine Mace […]

FBI – Charles Bonaparte was clearly onto something. When he created a “special agent force” in 1908—the forerunner of the FBI—the progressive attorney general made sure that a dozen of his first 34 investigators were bank examiners specializing in financial crimes. […]

aiCIO – The difference between the best and worst performing hedge funds is narrowing, according to new research, but the number of new funds being launched is still approaching pre-crisis peaks. In 2011, some 1,113 hedge funds were launched, including […]

Forbes – In the hedge fund business, the paychecks are huge and so is the cash claimed in a simple business dispute. Daniel Och, the billionaire hedge fund manager, has been sued for $150 million by one of his former […]

Bloomberg – JPMorgan Chase & Co. (JPM) is proving that banks aren’t destined to be also-rans in the $12 trillion mutual fund business. The company in 2011 became the first bank to crack the list of 10 largest U.S. stock and […]

Business Insider – Ever since the financial crisis began in 2007, the yen has been stronger than it should be.  The yen has been negatively correlated with the business cycle, just like the dollar is, but even more so.  When […]

Hedge Funds Review – Luxembourg’s hedge funds industry is set to grow with the introduction of the EU’s alternative investment fund managers (AIFM) directive, says the head of the hedge funds working group at Alfi. Luxembourg expects to move up the […]

Bloomberg – Reaz Islam, who ran Citigroup Inc. hedge funds that lost most of their value in 2008, has “no regrets” about his performance and said “ambulance-chasing” lawyers are behind claims that he and the bank misled clients. Investors in […]

Bloomberg – As it wrestled with Greece’s debt crisis for the past two years, the European Central Bank took great pains to avoid triggering credit-default swaps written on Greek bonds. But on March 9, Greece forced payouts on swaps contracts when it required […]

CW – Hong Kong-based asset managers Value Partners will launch a Ucits version of its US $1.7 billion Cayman-domiciled Classic fund, subject to regulatory approval, as early as May this year. The fund will be Dublin-domiciled and replicate the firm’s largest fund, […]