Monthly Archives: June 2010
State releases details of hedge fund investments
AP – State investment managers are making partially good on a pledge to make public details of their almost $3 billion in hedge funds. The Juneau Empire, which filed a public records request for the information, says the disclosure includes […]
Opalesque: Hedge Funds Engage in “Armageddon Strategies”
New York (HedgeCo.net) – Opalesque has released the 32nd issue in a series of regional roundtable forums – the 2010 Opalesque West Coast Roundtable. The 25 page Roundtable publication covers “Armageddon” strategies and how plan sponsors have changed their game […]
The SEC’s New Focus on Insider Trading by Hedge Funds
Hedge Fund Law Report – The Securities and Exchange Commission (SEC) has attempted to stop insider trading since its creation. Eliminating this misconduct has proven to be an elusive goal, as the Boesky scandal of the 1980s demonstrated. The growth […]
Citadel’s Kenneth Griffin pitches new funds to hardened investors
Chicago Business – Citadel Investment Group LLC CEO Kenneth Griffin is trying to convince hedge-fund investors he’s still got the magic touch. Mr. Griffin has been traveling the world in search of capital for two new Citadel funds, reminding potential […]
Banking veterans to offer fund with cut-rate fees
CTV News – Two of Canada’s most experienced bond market veterans are leaving behind careers in banking to open a hedge fund that they hope will shake up the industry by charging much lower fees. John Schumacher, former co-chief executive […]
Bear Options at Record as Wien Says Stocks to Rally
Bloomberg – Confidence in stocks is sinking to record lows in the options market even with the U.S. economy poised for its fastest growth in six years, a sign to Blackstone Group LP’s Byron Wien that it’s time to buy. […]
Corporate pension plan hedge fund allocations to slow
Hedge Funds Review – Sweeping changes to US pension fund rules will slow the rate at which corporate pensions plans increase their allocations to hedge funds. The Pension Protection Act of 2006 which became effective in 2008 includes some significant […]
People Moves: Kathryn Graham Joins London Board Of 100 Women In Hedge Funds
New York (HedgeCo.net) – Kathryn Graham has been appointed to the London Board of 100 Women in Hedge Funds, a non-profit organization for professionals in the alternative investments industry. “I joined 100 Women in Hedge Funds in 2008 as a […]
Swiss firm launches Ucits III fund of hedge funds
CityWire – Harcourt Investment Consulting, a Swiss alternative investment specialist, has launched a Ucits III version of its Vonda fund of hedge fund. ‘We see an increasing demand for Ucits compliant products and this is the first Ucits III fund of […]
Pastor’s Hedge Fund Fraud Verdict Upheld
New York (HedgeCo.net) – A Colorado Springs pastor found guilty in 2008 of hedge fund fraud lost his appeal in a Court yesterday according to the Colorado Springs Gazette. The pastor, Douglas Alan Scott, was charged with taking part in […]
Hedge Fund Player Dumps Finance Job to Guide, Invest in Artists
Bloomberg – Hedge-fund investor James R. Hedges IV mingled with assorted Bronfmans, Gunds, Sacklers and several hundred other art-world notables at a fundraiser this week, munching the canapes at Manhattan’s Four Seasons Restaurant. The goal was $1 million to help […]