Monthly Archives: March 2012
New Jersey Hedge Fund Manager Sentenced To 11 Years In Prison For $1.6 Million “Virtual Office” Fraud
New York (HedgeCo.net) – The former owner and president of New York Financial Co. (NYFC) was sentenced yesterday to 132 months in prison for his role in a $1.6 million investment fraud scheme. In addition to the prison term, the Judge […]
‘Clerical error’ foiled hedge fund Octavian’s Balda battle
Reuters – Octavian Advisors LP said a clerical error prevented the $1 billion New York-based hedge fund from backing its own move last month to oust the supervisory board of German medical and electronics products maker Balda AG. Octavian’s failure […]
Hedge Funds Trimmed Wagers Before Prices Rebounded
Bloomberg – Hedge funds reduced bets on higher commodity prices for the first time in seven weeks after China cut its growth target, just as prices rallied on signs the U.S. economy is improving and Greece is containing its debt […]
Hedge funds lure retail investors
Australian hedge funds are set to face broader disclosure requirements but the local industry welcomes proposed regulatory guidelines, which will complement its own efforts to attract retail investors scared off by the global financial crisis. As a result of greater […]
Hedge Fund Firm Perennially ranked as a Top 100 public accounting firm in the United States
According to the world rankings report recently published by the International Accounting Bulletin, Moore Stephens International Limited (MSIL) is now ranked 12th in the combined list of networks and associations as its fee income increased to US$2.2 billion, a growth […]
‘Clerical error’ foiled hedge fund Octavian’s Balda battle
Octavian Advisors LP said a clerical error prevented the $1 billion New York-based hedge fund from backing its own move last month to oust the supervisory board of German medical and electronics products maker Balda AG. Octavian’s failure to vote […]
Agecroft Partners Wins Best Hedge Fund Third Party Marketing Firm for 5th Year in a Row
Agecroft Partners, the hedge fund consulting and third party marketing firm, was recognized by Hedgeweek as the winner of the “2012 Best Third Party Marketing Firm in North America” at their global Hedge Fund Awards ceremony held in London on […]
Hedge Fund Industry Raises $2.2 Million to Prevent and Treat Child Abuse
Hedge Funds Care, an international non-profit organization which raises funds and awareness for programs to prevent and treat child abuse within the hedge fund industry, raised $2.2 million at its 14th Annual Hedge Funds Care New York Open Your Heart […]
UCITS Hedge Fund Strategy Index continues positive run, up +0.99% in February 2012
New York (HedgeCo.net) — After a good start into the year the UCITS Hedge Fund Strategy (HFS) Index was able to continue its positive performance with gains of +0.99% in February 2012. The first three days into the month already […]
Agecroft’s Steinbrugge interviewed on Reuters Insider Television about Commodity Trading Advisors
Reuters – CTAs have attracted more assets than any other HF strategy since the market correction of 2008. Since 2007 CTAs and global macro managers assets have increase by 50%, while l/s equity managers have seen their assets decline by […]