Monthly Archives: January 2013
Former Florida Regulator Joins Hedge Fund Consulting Team
New York (HedgeCo.Net) – Florida’s former chief of the Bureau of Securities Regulation is joining the hedge fund regulatory compliance firm of Virginia-based Oyster Consulting. In his new role as Associate Director, Bill Reilly will support broker/dealers, hedge funds and investment […]
Asian Hedge Funds Lag in Insurance Protection, Citigroup Says
Bloomberg – Asian hedge fund managers’ insurance protection against legal claims for professional wrongdoings lags peers in the U.S. and Europe, according to Citigroup Inc. (C) Sixty-four percent of 47 managers that run Asia-focused funds in Hong Kong, Shanghai,Singapore, Australia and the U.S. own policies including […]
Just Business: 2 Hedge Fund Rivals Clash Over Herbalife
NYT – They are two of the richest and most prominent hedge fund managers in Manhattan. About the same age and athletic build, they favor brash, headline-grabbing investments. They make the rounds in New York charity circles. They live blocks apart in […]
Hall Sets Up Commodities Hedge Fund Five Months After Duet
Bloomberg – Tony Hall has set up Hall Commodities LLP with former colleague Arno Pilz five months after the pair left hedge fund Duet Commodities Fund Ltd. Hall Commodities, based in London’s West End, the center of the capital’s hedge-fund industry, […]
Returns at Hedge Funds Run by Women Beat the Industry, Report Says
NYT – Last year was fairly dismal for the hedge fund industry, almost any way you slice it. But according to a new report, one sector did remarkably well: hedge funds managed by women. An index from the professional services firm Rothstein […]
Efficient Chosen As Research Partner for New STOXX® Managed Futures Index
Source: www.efficientcapital.com Date: 01/08/2013 Warrenville, Illinois, USA – (January 8, 2013) Efficient Capital Management®, LLC (‘Efficient’), a leading provider of multi-manager Managed Futures portfolios, today announced its selection as the research partner for the newly launched iSTOXX® Efficient Capital® Managed […]
US banks agree $18.5bn settlements in effort to clean up mortgage crisis
Guardian – Ten US banks announced two huge settlements worth a total of $18.5bn on Monday, in the latest moves to clear up claims relating to the mortgage crisis that foreshadowed the meltdown of the American economy. Bank of America […]
Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2013
Agecroft Partners predicts that the hedge fund industry will set a new record for assets in 2013 despite the lackluster investment performance for the industry over the past two years. This will be driven by pension funds increasing their asset […]
Hedge Funds Are Buying These 4 BRIC Stocks
Seeking Alpha – Interested in emerging markets? If so, here are some ideas to get you started. We ran a screen on US-traded stocks from the BRIC countries (Brazil, Russia, India and China) for those seeing the most significant net […]
Hedge Funds Squeezed With Shorts Beating S&P 500
Bloomberg – Speculators are abandoning money- losing bets that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market. The 20 stocks with […]
U.S. Hedge Fund Davidson Kempner Said to Build Up Stake in F&N
Bloomberg – Davidson Kempner Capital Management LLC, a $19 billion U.S. hedge fund manager, has been building up a stake in Fraser & Neave Ltd. (FNN), the Singapore property and soft drinks company at the center of rival takeover bids, said a person with […]
Asking Hedge Funds to Turn Themselves In
Dealbook – Hedge funds had long operated under the regulatory radar, with few reporting obligations and a well-deserved reputation for secrecy. Now, the government is weighing whether to require them to report any suspicious transactions, like insider information or manipulation […]