Monthly Archives: January 2011
Ackermann Says Bailout Risk Lurks in Unregulated Hedge Funds
BusinessWeek – Deutsche Bank AG Chief Executive Officer Josef Ackermann said unregulated financial companies such as hedge funds may pose a systemic risk to the economy if oversight isn’t increased. “You have an unregulated area which becomes — as a […]
Hedge Funds Face Debt Crisis `Sputnik Moment’: Commentary by William Pesek
Bloomberg – This phrase recalling how the Soviet Union’s 1957 space launch shocked the U.S. is back in vogue thanks to President Barack Obama’s State of the Union address this week. He sees the rise of India and China as a catalyst […]
Replication Offers ETF Investors Hedge Fund Exposure
Advisor One – Since the mid-1980s, when a group of traders including Bruce Kovner, Julian Robertson, George Soros, and Paul Tudor Jones rose to fame by delivering previously unimaginable returns, the investing public has been fascinated by the world of […]
Deutsche Bank launches hedge fund ETF in London
Risk.net – Deutsche Bank has listed an exchange-traded fund (ETF) which gives investors exposure to equity long-short and equity market neutral hedge fund managers. Tracking the performance of 17 hedge funds from 13 alternative investment managers, the db x-trackers db […]
Hedge Fund Guy’s New Best Friend Is Wet, Wet, Wet: Davos Diary
Bloomberg – Water is set to become hedge-fund guy’s new best friend forever. For H2O, unfortunately, the financier is likely to turn out to be what teenage girls and Hollywood gossip columnists call a frenemy. Every time I mention the wet […]
Hedge fund manager made $5bn last year
Guardian – Hedge fund manager John Paulson is thought to have made more than $5bn (£3.15bn) last year – probably the biggest annual profit in investing history. Paulson’s estimated take trumped the near-$4bn he made with his “short” bets against […]
Financial adviser doesn’t fight SEC over assets freeze
News & Record – Local hedge fund manager and basketball coach Stan Kowalewski bypassed a court hearing Wednesday on charges of securities fraud by letting the government keep his assets frozen. The decision in U.S. District Court for Northern Georgia […]
Hedge Fund Launches: Quaestus Capital’s New Private Equity Firm
New York (HedgeCo.net) – Quaestus Capital LLC, a newly formed private equity firm, announced its launch and investment strategy focused on the emerging asset management sector. Led by Les Hollis, with 20 years of investing, operating and fundraising experience, Quaestus […]
Hedge Fund People: BNY Mellon Names Alan Flanagan Head of Global Product Management
New York (HedgeCo.net) – Hedge fund service provider with more than $350 billion in assets, BNY Mellon Alternative Investment Services (AIS), has named Alan Flanagan as head of global product management. “The alternatives industry will see continued progress in 2011 and […]
New Hedge-Fund Disclosure Rules Probably Won’t Help at All
CNBC – The new disclosure rules for hedge funds proposed by the CFTC and SEC this week are much better than I would have expected. For one thing, it’s nice to see the Commodity Futures Trading Commission and the Securities and […]