Monthly Archives: June 2012
Hedge Funds Squeezed in Mayfair as Offices Become Luxury Homes
Bloomberg – Landlords in Mayfair and St. James’s, two of London’s most expensive neighborhoods, are exploiting a shrinking supply of new or refurbished office space to charge hedge funds and financial firms the highest rents in three years. Offices are […]
Luke Ellis – the ex-farmer now growing hedge funds
Telegraph – Ferraris, Dom Perignon and the Cote d’Azur are the typical trappings of millionaire hedge fund managers. As a rule, pigs don’t get much of a look in. But Luke Ellis, the man many are tipping to be Man […]
Hedge fund firm losing pulling power
Reuters – Celebrity financier Arpad Busson has been mulling a sale of EIM, the hedge fund investor he founded in the 1990s, for several months but buyers with pockets as big as the firm’s glossy profile may prove hard to […]
Hedge Fund Third Party Marketing Industry Is Seeing Strong Growth in Demand
New York (HedgeCo.net) – After a tumultuous three years the hedge fund Third Party Marketing (TPM) industry is seeing very strong growth in demand from both hedge funds and investors, although this growth is not shared evenly across the estimated […]
Hedge Fund Association Asks SEC for Clearer Rules on Vetting Investors
New York (HedgeCo.Net) The Hedge Fund Association, an international organization that represents hedge funds, service providers and investors, said liberalized advertising and solicitations rules contained in the new Jumpstart Our Business Startups (JOBS) Act would help hedge funds raise assets […]
Texas Teachers’ Harris Taking Alternative Investing to New Risks
Bloomberg – After working for almost two decades as a money manager, Britt Harris at age 45 was what most people would consider a success. Bridgewater Associates LP’s Ray Dalio and Bob Prince had just tapped him to be chief […]
Hedge Funds Lose 2.9% in Worst Month Since Sept.
BusinessWeek – Hedge funds fell 2.9 percent in May, their worst month since September, as stocks slumped on concern Greece may exit the euro and the global economy is weakening. The decline was driven by long-short equity, multistrategy and global […]
Global X Launches Hedge Fund Replication ETF
ETF Trends – Closely following the launch of the AlphaClone hedge fund replication exchange traded fund, Global X is also marketing an ETF based on top hedge fund picks. On Tuesday, the Global X Top Guru Holdings Index ETF (NYSEArca: […]
Hedge Funds Failing to Deliver Taxes to Connecticut: Muni Credit
Business Week – Connecticut Governor Dannel Malloy is learning you can’t always count on the rich. The Democrat last month deferred debt payments, trimmed programs and diverted funds as tax revenue came up short and opened a $200 million budget […]
Former Governor of the FED, Randall Kroszner to Join EQA Hedge Fund
New York (HedgeCo.Net) – EQA Partners, an alternative investment manager whose expertise lies in currencies and traditional global macro strategies, today announced the appointment of Dr. Randall Kroszner as Partner and Chief Economist, a new position. Dr. Krozner’s distinguished career […]
Astenbeck hedge fund down 14 percent in “Mensis Horribilis”
Reuters – Andrew Hall’s $3.1 billion commodity hedge fund lost 14.4 percent in May, as crude prices tumbled a month after the legendary energy trader told investors he was bullish on oil because of tightening global supplies, according to sources […]
In Controversial Self-Regulatory Organization Proposed Bill, Hedge Funds Are to be Exempt
Forbes – Congressional Bill HR4624, the “Investment Adviser Oversight Act of 2012” has been introduced into Congress, with a hearing scheduled to be held tomorrow, June 6, 2012. The co-sponsors of the Bill are Finance Committee Chairman Spencer Bachus (R-AL) […]