Tag Archives: hedge funds
Funds Snapped Up Financial Stocks in 2nd Quarter
New York Times Blogs – A closely watched report by Goldman Sachs found that hedge funds made an outsize bet on financial stocks in the second quarter, The Wall Street Journal reported. The Goldman “Hedge Fund Trend Monitor” said hedge […]
Deutsche Bank Ranked Second in Hedge Fund Administration Survey
West Palm Beach (HedgeCo.net) – Deutsche Bank’s Alternative Fund Services, part of the bank’s Global Transaction Banking (GTB) division, has ranked second among top administrators in Global Custodian magazine’s 2009 Hedge Fund Administration Survey. This is the first time Deutsche […]
Lighthouse Prime Services Announces Upcoming Capital Introduction Program Events
Earthtimes – Lighthouse Prime Services, a division of Lighthouse Financial and a leading prime brokerage services provider dedicated to the needs of emerging and newly established hedge funds and managed account platforms, announces its upcoming slate of events as part […]
Another Lawsuit Targets Valhalla Investment Partners
Herald Tribune – Two investors who lost $750,000 in the implosion of Scoop Management have filed a lawsuit against investment managers Neil and Chris Moody, who ran the Valhalla Investment Partners L.P. hedge fund. Bruce M. Bell and Richard G. […]
Calif. hedge fund manager pleads guilty to fraud
Riverside Press Enterprise – The founder and manager of two Beverly Hills hedge funds has pleaded guilty to federal fraud charges. Bradley Ruderman pleaded guilty Monday to two counts of wire fraud, two counts of investment adviser fraud and a […]
Sweden mulls EU summit ahead of G20 meeting
The Swedish Wire – Sweden, which holds the rotating EU presidency, is consulting European capitals and “most of them are positive” about the idea, said Roberta Alenius, spokeswoman for Swedish Prime Minister Fredrik Reinfeldt. “The prime minister wants a summit […]
Hedge funds in 2009 recovery
Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
UPDATE: Hedge Fund Brokerage Firm Updates Connectivity
West Palm Beach (HedgeCo.net) – Hedge fund prime broker, Newedge, has started using a Dubai Point of Presence (POP) connection to facilitate their access to the Dubai Gold and Commodity Exchange (DGCX). The new connection has high bandwidth and is […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
A Hedge Fund Roundtable
Forbes – Hedge fund managers Lloyd Khaner, Stephen Roseman and Ken Shubin Stein discuss changes in the industry post-Bernie Madoff. The next video will include a discussion between three hedge fund managers and Intelligent Investing assistant editor David Serchuk. In […]