Gold changes hands above $1000/ounce this week as China continues to sound the alarm regarding US$ weakness… China alarmed by US money printing – Daily Telegraph Daily Telegraph reports The US Federal Reserve’s policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, […]
David Einhorn is not afraid to call a bluff when he sees it. The President of Greenlight Capital has built a reputation within hedge fund circles as a fiercely independent, critical-thinking manager with a knack for making bearish bets on established, generally well-respected companies. No stranger to the public eye, previously publicized campaigns against the likes of Allied Capital and […]
Evan Rapoport, Co-Founder of HedgeCo Networks, has been blogging up a storm over at his Capital Introduction Blog. Borrowing from years of experience raising capital for hedge funds and other institutions, Evan takes a very direct and knowledgeable approach to navigating through the often tricky waters surrounding marketing your hedge fund. Hedge Fund Third Party Marketing and Marketers First, the […]
Most hedge funds recorded gains averaging close to or over 2% during August, with European managers (2.6%) delivering the best gains, on average, according to preliminary reporting from Eurekahedge. North American and Latin American funds ended the month with gains averaging 1.8% and 2.1%. Asian managers, on the other hand, underperformed most others, with Japan-specific funds up 0.7% and their […]
HedgeFund Intelligence’s Press Release from today states that the fund of funds industry shrank by $95 billion in the first half of 2009 but still manages $735 billion. This represents a decline of 11.4 percent in assets under management (AUM). Firms with more than $1 billion in AUM manage a combined $613 billion. According to HedgeFund Intelligence, 18 fund of […]
Early last week, real estate circles were sent abuzz by the release of the Standard and Poor’s/Case Schiller national home price index, which revealed that average home prices in the nation’s 20 largest markets experienced a 3% jump in valuations during the second quarter. It marked the first quarterly increase in 3 years for the index, leading some prognosticators to […]
By now, I think most people have heard about the ex-Goldman software programmer who was arrested in July for allegedly stealing some of Goldman’s high-frequency trading software code. I am not a criminologist or legal expert, nor am I a software expert that could tell you if accidentally sending small pieces of the code while sending other software to […]