Monthly Archives: January 2012
European hedge funds line up bets on China downturn
ET – European hedge fund managers are betting that China’s once red hot economic growth will cool dramatically in 2012, hitting companies, economies and commodity prices that have been fuelled by the world’s second largest economy in recent years. Managers […]
Manager Of Formerly $550 Million Hedge Fund Firm Threatened With Jail After Being Held In Contempt
Forbes – The manager of a formerly $550 million hedge fund firm has been found to be in civil contempt of court for violating temporary injuction orders and threatened with jail time by a Connecticut state judge who disapproved of […]
Hedge funds hunker down for Greek debt standoff
Reuters – Hedge funds are positioning to profit from a plan to slash Greece’s towering debt pile as Athens enters final talks that could sway the country’s membership of the euro. York Capital, the $14 billion fund part-owned by Swiss […]
Billionaire Paulson Persists With Property
Bloomberg – Mortgage securities are drawing buyers after tumbling last year and handing billionaire hedge fund manager John Paulson his first loss in the bond market. Paulson, who made $15 billion in 2007 betting against U.S. subprime mortgages, is sticking with bullish investments in […]
Hedge funds to see big shift of assets in 2012: survey
Reuters – Hedge fund investors are likely to move almost a sixth of their cash into the hands of different managers in 2012, a report on Friday showed, as firms in the $2 trillion sector grapple with winning back the […]
As Fears Ebb, Hedge Funds Dip Toes Back Into ‘Macro’ Bets
Dow Jones -Some hedge funds are kicking off the new year with glimmers of hope. After a gut-wrenching 2011, these funds are betting signs of improvement in financial markets will give traditional “macro” trades based on economic growth and inflation a […]
Manager Of Formerly $550 Million Hedge Fund Firm Threatened With Jail After Being Held In Contempt
Forbes – The manager of a formerly $550 million hedge fund firm has been found to be in civil contempt of court for violating temporary injuction orders and threatened with jail time by a Connecticut state judge who disapproved of […]
Hedge funds (What Are They Good For?): Saft
Reuters – Not only was it a bad year for the hedge fund industry, but 2011 may be the year the model was exposed as fundamentally broken. Last year had all of the hallmarks of the kind of year in […]
Hedge Funds Try to Profit From Greece as Banks Face Losses
Bloomberg) — Hedge funds in New York and London are trying to profit from trading Greek government bonds as European banks brace for losses from a debt swap. Saba Capital Management LP, founded by former Deutsche Bank AG credit trader […]
Hedge fund boss gets prison for insider trading
Reuters – A hedge fund manager from a prominent Denver family was sentenced in New York to one year and one day in prison on Wednesday after pleading guilty to insider trading charges. Drew “Bo” Brownstein, who controlled Big 5 […]
Brevan Howard Proves Master of Hedge Funds With Four in Top 100
Bloomberg – When Alan Howard set off for a business trip to India as a young Salomon Brothers bond trader in the late 1980s, colleagues advised against drinking local water. When he got back, the buzz on his trading desk was about the huge […]
Senrigan, Azentus Hedge Funds Said to Lose Money in 2011
Bloomberg – Senrigan Capital Group Ltd. and Azentus Capital Management Ltd., two of Asia’s biggest hedge- fund startups since 2009, lost money in 2011 as the region’s funds had their second-worst performance on record, said four people familiar with the […]