Category Archives: HedgeCo News

Hedge Fund Giant Man Group AUM Down 10% H1 2012

September 7, 2012 : Permalink

New York (HedgeCo.Net) – One of the worlds biggest hedge funds, Man Group PLC., reported losses of %10 for the first half of 2012 (H1), lowering funds under management $52.7 billion. Gross revenues were reported at $666 million. Other H1 […]

Al Gore’s Generation Becomes Largest Hedge Fund Holder Of Jones Lang LaSalle Stock

September 6, 2012 : Permalink

New York (HedgeCo.Net) – Hedge fund Generation Investment Management, which was founded in 2004 by former Vice-President Al Gore and David Blood, has increased its stake in $3.2 billion market cap manager of real estate and investments, Jones Lang LaSalle Incorporated, to 2.3 […]

UPDATE: SEC Charges Poker Buddies With Hedge Fund Insider Trading, Guilty Plea

September 6, 2012 : Permalink

New York (HedgeCo.Net) – The SEC has alleged that Hyung Lim of Los Altos, Calif., received up to $15,000 and stock tips about a pending corporate acquisition for regularly providing a fellow poker player, Danny Kuo, with nonpublic details ahead of Nvidia Corperation’s quarterly […]

Hedge Fund Manager Fined $2 million for Insider Trading

September 5, 2012 : Permalink

New York (HedgCo.Net) – Hedge fund firm Clay Capital Management has been convicted by a district court in New Jersey. It’s former Chief Investment Officer James Turner has been found guilty for his role in an insider trading scheme involving the […]

Carve: Swedish Hedge Fund Launch From Brummer & Partners

September 5, 2012 : Permalink

New York (HedgeCo.Net) – A new onshore fund has been launched by Swedish $14 billion hedge fund giant Brummer & Partners, combining equities and credits, according to a statement on their Swedish website. The new fund, Carve, seeks opportunities to earn […]

TELUS Seeks Court Order Against Hedge Fund Mason Capital

September 4, 2012 : Permalink

New York (HedgeCo.Net) – Canadian telecommunications company TELUS has launched legal proceedings against New York hedge fund Mason Capital. The Canadian company is seeking a court order to invalidate the hedge fund’s attempt to hold a shareholder meeting. The telecommunication company believes that the […]

Hedge Fund Man, Nomura Launch Computer Driven Fund

September 4, 2012 : Permalink

New York (HedgeCo.Net) – Hedge fund manager Man Group has teamed up with investment bank Nomura to launch a computer-driven fund, The Nomura Man Systematic Fixed Income fund. The fund uses algorithms from Man’s $16.7 billion flagship fund AHL, it will trade […]

Hedge Fund Founder Sponsors Free Science Repository ArXiv For Five Years

August 31, 2012 : Permalink

New York (HedgeCo.Net) – James Simons, the founder of hedge fund Renaissance Technologies and his wife Marilyn Simons, both Ph.Ds, have decided to fund open access scientific repository arXiv through an operating grant from the Simons Foundation. The arXiv preprint server at […]

Hedge Fund Specialists to Speak at Third Annual ETF Conference

August 31, 2012 : Permalink

New York (HedgeCo.Net) – Hedge fund research specialist Morningstar announced the speakers and agenda for its third annual ETF Invest Conference Oct. 3-5 at the Radisson Blu Aqua Hotel in Chicago. Liz Ann Sonders, senior vice president and chief investment strategist, Charles Schwab, will deliver […]

SEC Invites Public Comment On Hedge Fund Advertising

August 30, 2012 : Permalink

New York (HedgeCo.Net) – SEC commissioners voted 4-1 to invite public comment for the proposed rules for the Jumpstart Our Business Startups Act or JOBS Act. Included is Rule 506 of Regulation D and Rule 144A of the Securities Act, which will eliminate […]

Nadel’s Hedge Fund Ponzi Scheme Victims Receive $25 Million Settlement

August 30, 2012 : Permalink

New York (HedgeCo.Net) – A case that has been pending for over three years, S.E.C. v. Arthur Nadel, has been somewhat resolved. Lead attorney at Wiand Guerra King P.L., Burton Wiand, who was appointed receiver for various entities associated with Arthur Nadel’s Ponzi scheme, […]

Study: Hedge Fund Assets Rise in First Half of 2012

August 29, 2012 : Permalink

New York (HedgeCo.Net) – Single-manager hedge funds, which include commodities trading advisors, withstood market swings, macroeconomic uncertainties and regulatory reforms in the first half of 2012, increasing their reported assets under management by 5.23% to $1.892 trillion, according to a study […]