Tag Archives: hedge funds
Goldman CFO sees end to hedge fund redemption wave
Khaleej Times – Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. “Assuming […]
EU hedge-fund rules will lead to IFSC exodus, Dail warned
Independent – A new EU directive aimed at tightening up the regulation of hedge funds could be counter-productive and cause a mass exodus of business from the International Financial Services Centre, a Dail committee was told yesterday. The directive, being […]
Former Morgan Stanley Traders Launch Commodity Trading Advisor
HedgeCo.net (West Palm Beach) – Cinneas Foreign Exchange LLC, an alternative investment management firm specializing in momentum based trading in the foreign exchange market, have announced the launch of a Commodity Trading Advisor (CTA). The Cinneas investment process combines technical, […]
From Peloton To Profit
Forbes – A year ago, Conrad Levy was a player in one of the most spectacular blow-ups in hedge fund history. Peloton Partners, the fund at which Levy was chief compliance and operating officer, collapsed after an outsized bet on […]
SEC Freezes Assets of Illinois-based Hedge Fund Manager Who Was $2 Billion Feeder to Petters Ponzi Scheme
Kansas City infoZine – The SEC’s complaint, filed in U.S. District Court for the District of Minnesota, alleges that Gregory Bell and Lancelot Management LLC invested more than $2 billion in hedge funds assets with Petters and pocketed millions of […]
Hedge funds for Average Joes?
ABC News – Irish-American author J.P. Donleavy, in his wonderful book The Unexpurgated Code, details the difficulties of social climbing in England if you are not to the manor born. People who try to invest in hedge funds will find […]
Boris Johnson is right: the EU’s hedge fund rules will destroy the City
Telegraph.co.uk – The City is staring into the abyss. If the proposed EU directive on hedge funds goes through, London will go the way of Bruges, Venice and Amsterdam: a once dominant financial entrepôt sidelined by more virile cities. This, […]
Cerberus to change terms of hedge fund: source
Reuters – Private equity firm Cerberus is to place investors seeking withdrawals from one of its hedge funds into a special purpose vehicle which would make cash distributions over time, a source familiar with the contents of a recent investor […]
Hedge funds still causing some jitters
This is Money – Institutional investors are still running scared from hedge funds after last year’s bloodbath, figures from sector giant Man Group show. They pulled a net £2bn from Man Group in the first quarter of its financial year. […]
Hedge Funds Stalled in June, Attracted $4 Billion
Bloomberg – Hedge funds had net inflows of $4 billion in June as the index measuring their performance remained little changed after posting its longest stretch of monthly gains since July 2007, according to Eurekahedge Pte. The industry had net […]
Can hedge funds be synthetically replicated?
Morningstar – A new breed of clone funds seeks to capture "alternative beta." It wasn’t long ago that hedge funds were on the very cutting edge of finance. Their pitch was simple: they could deliver pure alpha , rather than […]
Conyers Named Offshore Law Firm of the Year
HedgeCo.net (West Palm Beach) – Hedge fund law firm Conyers Dill & Pearman was named Offshore Law Firm of the Year at 2009 The Lawyer Awards. According to the judges’ criteria, the award is presented to the firm which demonstrates […]