This year marks the sixth anniversary of A Leg To Stand On’s (ALTSO) annual benefit, Hedge Fund Rocktoberfest, which is fast becoming one of their most successful fund raisers to date, with more corporate sponsors signing on than ever before. As one of Wall Street’s most popular annual events, Hedge Fund Rocktoberfest features bands whose members work in the hedge […]
Butterfield Fulcrum, a top five independent alternative fund administration company by assets under administration, announced the expansion of its US business development team with the recent addition of Christine Egan. Egan joins Bill Neville, Jim Gabriele, John Peterson and Bill Henderson under the leadership of T. Andrew Smith, Global Business Development Head. Since joining in April 2009, Smith has quickly […]
Evan Rapoport, founder and managing partner of HedgeCo Networks, is an expert on marketing hedge funds to investors. On his blog, he has been doing a series on using the internet to market hedge funds to investors. In the first piece of the series, he discussed creating websites that draw investors in without stepping in to the area of […]
As markets continue to produce signs of stabilization over the next quarter, it is unlikely that unemployment figures will show much improvement. With figures the highest they have been in more than 25 years, unemployment appears to have neared its peak. Lowering the rate to levels our economy can adequately support will prove to be a daunting task. But, with […]
The equity market weakness yesterday and today have very little to do with the Fed statement contrary to what you may hear on the financial news networks. No game changing comments were issued by the Fed and this morning’s home sales number (August Existing Home Sales 5.10 mln vs 5.35 mln consensus; M/M change -2.7%) further highlights the continued need […]
Structured Portfolio Management (SPM), a leading asset-management firm focusing on fixed income since 1998, today announced the promotion of Chris Sutter to Head of Marketing and Investor Relations. In his new role, Mr. Sutter will lead SPM’s worldwide marketing efforts, with all members of the Client Management Group reporting to him. Mr. Sutter joined SPM in April, 2008 and will […]
Positive developments in the credit markets continue to lead the equity markets higher… Liquidation of CDOs aids banks – FT FT reports billions of dollars’ worth of the complex securities at the heart of the financial crisis are being liquidated, enabling banks, insurance companies and other investors to clear toxic assets from their books. Market participants say the unwinding is […]
A letter dated December 22, 2008 and sent from Fairfield Sentry Limited to its investors recently surfaced here. The fund, part of Fairfield Greenwich Group, had invested in excess of $7 billion in Bernard Madoff Securities, making it Madoff’s largest feeder fund investor. In wake of the surrounding facts which have surfaced in the case, we have received a rough […]
I have been asked by a few readers about our thoughts on the COT short position in the Gold market. For those not aware, COT represents the commercial traders in Gold. Conventional wisdom states that if COT has a significant short position look out below. In our opinion this “wisdom” is incorrect. I would like to direct your attention to […]
BLACK GOLD
Welcome to Black Gold the HedgeCo blog site about Energy and investing operated by logi Energy. logi Energy is an investment management team that invests in the oil and gas sector in equities, options, futures, as well as on and off shore oil and gas fields and wells. In this premier post, I’d like to tell you who we are and what we believe. In other posts, other team members from logi Energy will provide detail and clarity to my mere words. The basis of our investment approach is that peak oil has occurred in the world. The world will never produce as much oil as it did in 2008 – ever again -. Continue reading →