Tag Archives: hedge funds
Salus Alpha Directional Market Funds Outperform
West Palm Beach (HedgeCo.net) – Salus Alpha (SA) announced that their fund, ‘The Salus Alpha Directional Markets’ stood out from its peers in the Managed Futures space due to its unique approach. The majority of the managed futures funds, SA […]
Alternative Investments Report: Identify Demand for Hedge Funds
West Palm Beach (HedgeCo.net) – Research and Markets has announced the addition of the "High Net Worth Alternative Investments" report to their offering. The report identifies demand for hedge funds, capital protected funds, private equity funds and real estate funds […]
Asia Genesis to Close Hedge Funds; Chua Seeks to Restore Health
Bloomberg ‘ Asia Genesis Asset Management Pte, whose Japan Macro Fund has outperformed peers, is closing down its two hedge funds and returning money to investors. “I need some time to recuperate from weak health,” founder Chua Soon Hock, 50, […]
SEC Amends Rules to Issue More Subpoenas
HedgeCo.net (West Palm Beach) – Off-shore hedge fund law firm, Sadis & Goldberg LLP, sent out a letter to their clients announcing that the Securities and Exchange Commission (SEC) appears determined to issue more subpoenas and give people more incentives […]
OECD Puts Cayman Islands on Tax ‘White List’
HedgeCo.net (West Palm Beach) – The Organisation for Economic Cooperation and Development (OECD) added the Cayman Islands to its ‘white list’ of jurisdictions that substantially implement international tax standards. The Cayman Islands recognition came about after the country signed its […]
Salida ‘back from the abyss’
Globe and Mail – When Salida Capital Corp. beat all other bidders in a charity auction last month to score lunch with Warren Buffett, the $1.68-million (U.S.) win sent a signal to Bay Street: Salida is back. Salida, the once […]
Hedge Funds Tricked by Producer of Palin Porno Spoof, Says Suit
CBS News – Here’s a switch: a dozen hedge funds are accusing a California businessman of "playing dirty" with their money and even the name Sarah Palin is a "player" in the defendant’s prior ventures, according to the New York […]
Atticus Chief Exits, Leaving High Water Mark Behind
CNBC – Another of the once giant hedge funds is all but closing its doors. Atticus Capital founder Timothy Barakett, 44 years of age, is shuttering his flagship fund and returning $3 billion in capital to his investors. The roughly […]
UBS names Sclater to head Singapore prime broking
Reuters – UBS has named Alastair Sclater to the new post of head of its Singapore prime brokerage, as the Swiss bank aims to build that business in Asia’s second-biggest centre for hedge funds. Singapore, which competes with rival Asian […]
Newsletter writer’s lawyer seeks dismissal
HeraldTribune.com – An attorney representing newsletter writer Don Rowe, who strongly recommended Arthur G. Nadel’s hedge funds to some investors, is seeking to have a civil fraud suit against his client dismissed. In an Aug. 3 filing in circuit court […]
Hedge funders’ suit claims money went to porn investment, swingers’ resort
New York Daily News – A California moneyman with X-rated interests is being sued by several hedge funds who accuse him of shoveling their millions into porn and a planned Catskills swingers ranch. Milton (Todd) Ault 3rd is charged with […]