Author Archives: the HedgeCo News Team
Currencies: Pension and hedge funds could push dollar down
International Herald Tribune – The dollar may fall to a 10-year low as American pension, mutual and hedge funds increase their purchases of overseas investments. Three quarters of the money flowing into U.S. mutual funds in the first seven […]
Banks and Asian Central Hedge Funds
HedgeCo.Net (New York) – A number of Asian central banks, among the biggest investors in U.S. government debt, are looking at alternative targets for their vast dollar holdings. Since 1997, currency reserves at Asia’s central banks have risen to about […]
SAC’s Cohen sees risk of mass hedge fund exit
Reuters – Steven Cohen, the billionaire founder of SAC Capital Advisors, said in an interview with the Wall Street Journal that there may eventually be a sharp fall in the stock market, exacerbatedby hedge funds crowding into similar shares. In […]
Goldstein beat SEC on hedge fund rule
Morris County Daily Record – That fellow who recently forced the Securities and Exchange Commission to stop trying to register hedge funds? He turns out to be smart, gabby and garrulous, and colorful. And he recently set up shop in […]
Encinitas man accused in $18 million hedge fund fraud
North County Times – An Encinitas investment manager is one of four men accused by the U.S. Securities and Exchange Commission of defrauding at least 70 investors of about $18 million. The SEC said the scheme was aimed at investors […]
Hedge funds that take from the rich and give to the poor
THE idea behind one of the most innovative and ÂÂinfluential philanthropic organisations of our time sprang from one of the more boneheaded macroeconomic calls ever made on Wall Street. Or as hedge fund ÂÂmaestro Paul Tudor Jones tells it: “The […]
GAM Multi-Manager Group Head of Operations Malcolm Paterson is joining Signina Capital
HedgeCo.net ( New York ) After almost 9 years, Malcolm Paterson, currently Manager of Operations at GAM’s Multi Manager Group, is leaving to join Signina Capital. Signina Capital is an independent financial services provider, which specialises in Structured Asset Management. […]
Launch Of CD Private Equity Natural Resources Fund
HedgeCo.net ( New York ) –CD Capital and PCE Investors are pleased to announce the launch of the CD Private Equity Natural Resources Fund (‘the Fund’). The Fund will be established by Ms Carmel Daniele who was until recently at […]
Fund of Funds Downgrade Investment Expectations
HedgeCo.Net (New York) – According to a Reuters poll this week, funds of hedge fund managers have downgraded expectations for returns over the next six months as global growth and a commodities bull run cooled. A fund of hedge funds […]
Soros, Hedge Funds Pump Cash Into Elections
NewsMax.com – Top hedge fund managers are pouring money into U.S. political campaigns ahead of November’s congressional elections as the government considers what to do about the lightly policedhedge fund industry. Campaign finance records show 20 of the most successful […]
Australia’s incoming central bank chief warns about impact of hedge funds
Forbes – Hedge funds can disrupt the efficient functioning of markets if fund operators decide simultaneously to exit or take new positions, incoming Reserve Bank of Australia governor Glenn Stevens warned in a speech delivered in Hong Kong, a copy […]
Activist hedge funds’ returns are waning as opportunities dwindle
Marketwatch – Before a surfing injury derailed his investing career, Robert Chapman ran an activist hedge fund sporting annual returns of more than 20% in a seven-year stretch that included the market’s lean years after the dot-com crash. Chapman, […]