Tag Archives: investments
State of Oregon Sues OppenheimerFunds
New York Times Blogs – Officials in Oregon are seeking $36.2 million in damages from OppenheimerFunds, which managed an account responsible for steep losses in the state’s college savings plan. Officials said in a statement on Monday that risky “hedge-fund […]
New York, SEC investigates Carlyle Group
SmartBrief – Carlyle Group is being investigated by New York prosecutors and the Securities and Exchange Commission for allegations that it made improper payments to get investments from the state’s pension fund. The payments allegedly were made to intermediaries and […]
Only 32% Mena-based SWFs invest in region-focused hedge funds
Zawya.com – Although nearly half of all sovereign wealth funds (SWFs) are based in the Middle East and North Africa region, only 32 per cent of them invest in Mena-focussed hedge funds, new data has revealed. Almost all of the […]
Wisdom of Japan Hedge Fund Returns 2% on Taiyo Yuden, Nipponkoa
Bloomberg – Tadashi Mukai, returning to run his own his hedge fund after being the nation’s top performer in 2007, posted a 2.1 percent gain in March for his Wisdom of Japan Fund by betting on rising and falling stock […]
Fund pushing split proposes Chemed directors
Cincinnati.com – A New York City hedge fund pushing Chemed Corp. to split up its plumbing and hospice care businesses has filed its own slate of five directors for the downtown-based company’s May 18 shareholder’s meeting. In filing its five […]
UBP Makes Offer to Madoff Victims
New York Times Blogs – Swiss private bank Union Bancaire Privée, one of the largest European hedge-fund investors, offered Thursday to buy back $700 million of its clients’ Bernard L. Madoff-related investments at half what they originally paid. The bank, […]
Children’s Investment Fund tops FII seller this year
MSN India – The Children’s Investment Fund Management and its affiliates have emerged as the single-largest seller of Indian stocks among foreign institutional investors (FIIs). The hedge fund registered its biggest annual loss in 2008. The fund is liquidating its […]
Icahn Puts Another $250 Million Into His Fund
New York Times – The billionaire financier Carl C. Icahn put another $250 million into his hedge fund at the beginning of the year after suffering further losses in the fourth quarter on investments in Motorola and Yahoo, according to […]
MAG Capital and owner settle U.S. SEC charges
Reuters – Investment adviser MAG Capital and its owner settled U.S. regulators’ claims that it took warrants from three hedge funds it advised without compensating them, the U.S. Securities and Exchange Commission said on Tuesday. The Los Angeles-based investment adviser […]
Andrew Lo On New Challenges For Investors
U.S. News & World Report – Andrew Lo, hedge fund manager and director of MIT’s Laboratory for Financial Engineering, is a long-time student of investor behavior, especially the sort that belies the notion that markets move with cool efficiency. Particularly […]
Liongate Seeks $500 Million for Commodity Fund of Hedge Funds
Bloomberg – Liongate Capital Management LLP, a London-based firm managing $2.2 billion, plans to raise $500 million for a fund of commodity hedge funds. The Liongate Commodities Fund returned about 0.1 percent last year and 0.3 percent in January, when […]
Breakingviews.com Europeans Favor Regulating ‘Shadow Banks’
New York Times – Hedge funds and the rest of the so-called shadow banking system are almost certainly going to face more regulation. But governments should not try to supervise them directly; instead, it would be far more productive for […]