Monthly Archives: February 2012
Hedge Funds Go Gaga For Google
TheStreet – Google was the object of many desires during the fourth quarter, as several large hedge fund investors added to their positions in the Internet search giant. Legendary hedge fund investors such as George Soros, Lee Ainslie, and Stevie […]
Hedge Funds Forgiven for Slump by Insurers Shunning Low-Yield Bond Wagers
Bloomberg – Hedge funds are being spared punishment for their 2011 performance as insurers that suffered last year with lower-than-expected returns decide they won’t be able to do much better in the bond market. Policyholder-owned insurer FM Global plans to […]
World Economic Forum lists top 10 emerging technologies for 2012
Gizmag – Betting on the right technologies can allow schools to produce graduates better qualified to deal with a rapidly changing world, governments to more efficiently meet the needs of the populace, business to generate profits, and scientists to better […]
Billionaire Falcone: no LightSquared bankruptcy
Reuters – Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc, one day after U.S. regulators said they planned to revoke approval for the company to build a national wireless broadband network. […]
Ken Griebell Joins Hedge Fund Ramius
New York (HedgeCo.net) – Ken Griebell has joined Ramius LLC, the global alternative investment management business of Cowen Group, Inc., in New York as a Director. In this newly created role, Griebell will expand Ramius’ marketing and distribution activities for […]
Insider Trading Probe Turns Toward Goldman Sachs Analyst
Forbes – The Wall Street Journal has reported that federal criminal authorities are investigating Goldman Sachs analyst Henry King who they believe leaked inside information to hedge funds. King, a respected analyst at Goldman, covered high-tech supply chains in Taiwan. […]
Survey: Hedge Fund Allocations to Increase in 2012
New York (HedgeCo.net) – A new survey by AlphaMetrix Global Marketplace found that a majority of investors in hedge funds, commodity trading advisors and private equity funds expect to increase their allocations to those private investments in 2012. More than […]
Shuttered UK hedge fund Pentagon Capital fined $78.6m by SEC for late trading
Opalesque – On Tuesday, U.S. District Judge Robert W. Sweet issued his final ruling, in favor of the Securities and Exchange Commission (SEC) on the case Securities and Exchange Commission v. Pentagon Capital Management PLC, 08-cv-3324, U.S. District Court, Southern District […]
SEC Dismisses Chartwell Case; Charges Hedge Fund Manager Tied to Galleon
Advisor One – On Friday the SEC voluntarily dismissed civil insider trading claims against Chartwell Asset Management and, in a separate case, charged a hedge fund manager tied to the Galleon with insider trading. Chartwell Asset Management Service saw the […]
Hedge fund managers looked to tech in 4th quarter
Reuters – Last year was a dismal one for many U.S. hedge fund managers, but based on their year-end stock holdings, some managers were well positioned to take advantage of this year’s strong start in the equity markets. Thomas Steyer’s […]
CI Financial buys stake in hedge fund
Globe & Mail – CI Financial Corp. is venturing further into the Canadian hedge fund arena, saying it has bought a “significant minority interest” in fledgling firm Lawrence Park Capital Partners Ltd. It is the second equity investment by the […]
Special situations and convertible bonds boost hedge fund performance
Investment Europe – The Lyxor Global Hedge Fund index was up 1.3% in January, reversing its downwards trend in 2011 thanks to special situations, equity long bias and convertible bond strategies. According to Hedge Fund Research, hedge funds recorded their […]