Monthly Archives: January 2009
Veteran of U.S. Secret Service Heads Up AlphaMetrix’s Financial Investigations Group
West Palm Beach (HedgeCo.net) – To root out fraud and to give investors increased confidence that their assets are being managed with institutions of integrity and honesty, AlphaMetrix formally introduced AlphaMetrix Financial Investigations, LLC, run by David Fisher, a 24-year […]
dealReporter adds Laura Stavro-Beauchamp to reporting team
Journalism.co.uk – Laura Stavro-Beauchamp has been appointed as a reporter for Financial Times service, dealReporter. Previously employed as deputy news editor on weekly title Mortgage Strategy, Canadian-born Stavro-Beauchamp will put her global and financial background to good use by providing […]
SW1 Capital eyes control of hedge fund platform
Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’ own holding. PCE runs $1.6 billion (1.1 billion […]
Death agony of Thatcher era
Asia Times Online – During the end of the 1970s into the 1980s, British Conservative prime minister Margaret Thatcher and the City of London financial interests who backed her introduced wholesale measures of privatization, state budget cuts, moves against labor […]
Historic closure of gold shops in Bangkok’s Chinatown
Thai News Agency MCOT – Gold traders in Bangkok’s Chinatown closed their doors at their peak annual sales period for their shops during the Chinese New Year for the first time on record due to the high fluctuation of gold […]
Student Hedge Fund Ends Year in the Black
Cornell Daily Sun – In the midst of the country’s economic recession, the Johnson Graduate School of Management’s Cayuga Fund, a hedge fund run by faculty and students, reported a 0.42 percent gain for the 2008 business year. Although the […]
Gaps in oversight let Nadel avoid scrutiny
Sarasota Herald-Tribune – The U.S. Securities and Exchange Commission has hundreds of pages of complicated rules governing investment advisers. But the agency — under fire for failing to stop New York hedge fund manager Bernard Madoff and his alleged $50 […]
Why hedge funds are attractive – and risky
Houston Chronicle – Hedge funds, historically an investment reserved for big-ticket investors, are seemingly like mutual funds in that they typically invest in stocks and bonds. They have the added glamour and allure, however, of taking significant risks and gambles […]
Sparx to Miss March 2011 Asset Target on Market Rout
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]