Monthly Archives: January 2011
Hedge funds bet China is a bubble close to bursting
Telegraph – For his first-ever speech as Britain’s new Minister of Trade & Industry last week, Lord Green faced a formidable audience of 400 Chinese and British business delegates. The former chairman of HSBC declared that China’s economic growth figures […]
Ponzi is Prologue – What the Dodd Frank Act Means for SEC Fraud Enforcement Actions
Editorial Comment (Jay Gould, attorney) – A recent action against a hedge fund manager by the Securities and Exchange Commission (the “SEC”) serves as interesting prologue to the state of enforcement against suspected securities frauds once the Dodd-Frank Wall Street Reform […]
Crude Declines; Hedge Funds Raise Oil Bets
Bloomberg – Hedge funds raised bullish bets on oil by the most in five weeks as crude reached the highest level in more than two years amid signs that the global economic recovery is gaining momentum. Oil dropped, failing to […]
New California Lobbyist Law Upsets Hedge Funds
New York Times – A new California law has hedge funds and private equity reaching for some antacid. Starting this month, anyone who solicits money for private investment managers from the two largest public pension plans in California must register as a […]
Investcorp-Ballast in key partnership
Gulf Daily News – Investcorp, the alternative asset manager, and New York hedge fund manager, Ballast Capital Management, have formed a strategic partnership. Ballast, which specialises in long-short equity, is the latest addition to Investcorp’s single manager platform. The partnership […]
Hedge Funds Reduce Bullish Gold Bets as `Big Boys Are Starting to Get Out’
Bloomberg – Hedge funds reduced their bullish bet on a gold rally to the lowest level since July 2009 after the metal climbed for 10 straight years. The funds and other large speculators held net-long positions, or wagers on rising […]
Investors Rush to Cash In on Climate Change
Alrroya – Climate change-sustainable investing has a big head of steam. And the effects of planetary climate change on most industries are going to be huge. Trillions of dollars are in play attempting to find the winning industries and companies. […]
Facebook Investor Loses 65 Percent of Hedge Fund Clients’ Money
Slate – Peter Thiel, the Facebook investor and current hedge fund manager who wants to build lawless floating communes, has attracted lots of admiration for his ability to seemingly predict the future: He “forecast the collapse of the U.S. housing market,” […]
SphereInvest Goes Live with Hedge Fund In A Box
Benzinga – SphereInvest, a specialist, global high yield, distressed debt, emerging credit and private equity investment advisory company, has gone live with the newly launched ‘Hedge Fund In A Box’ solution to gain competitive edge with a stronger grasp of […]
Thames River founder Beckwith backs hedge fund
Investment Week – Property financier Sir John Beckwith is backing the launch of a new hedge fund, in partnership with Icap boss Michael Spencer. Beckwith, who has made around £400m from backing asset management groups, has appointed Rod Barker from […]
Shrinking hedge fund Harbinger faces staff exits
Reuters – Prominent hedge fund manager Phil Falcone’s $7 billion Harbinger Capital Management has been hit by a series of high profile departures in the past few weeks, according to people familiar with the fund. While some departures were voluntary, […]
Macquarie hedge fund up 10 pct
Reuters – Macquarie Group Ltd’s market-neutral long/short Asia hedge fund gained 10.3 percent and nearly tripled assets to $640 million (406 million pounds) last year, its fund manager said, while many hedge funds in the region were starved for capital. […]