Monthly Archives: February 2011
Ex-Goldman Sze step closer to $1 billion-plus hedge fund
Reuters – Former Goldman Sachs Group Inc star trader Morgan Sze moved a step closer to the launch of his $1 billion-plus hedge fund, registering Azentus Capital with the Hong Kong market regulator this week. Hong Kong-based Sze, head of Goldman’s […]
Senator Wyden’s Son Starts Hedge Fund After D.E. Shaw Internship
Bloomberg – U.S. Senator Ron Wyden has a new hedge fund in his basement. That doesn’t mean he’s getting in on the ground floor. His son, Adam, started a fund under the name ADW Capital Partners LP that he runs […]
Trending: Hedge Fund Strategies In UCITS Format
New York (HedgeCo.net) – ML Capital, a leading investment manager and promoted of UCITS funds, has recently published its first Quarterly UCITS Funds Barometer. The presentation follows a survey by ML Capital of active investors currently allocating to UCITS about […]
Emerging Managers Shine at Hedge Fund Summit
New York (HedgeCo.net) – Opal Financial Group sponsored the recent Emerging Managers Summit, and over 300 institutional investor participants heard loud and clear what has become well-established: Emerging investment fund managers consistently outperform large and brand-name investment firms, and they […]
Nadel-owned building sold to pay victims
Herald Tribune – The sale will net $650,000 for the Nadel receivership, which is paying claims from investors who lost money in his $330 million hedge fund scheme. So far this year, court-appointed receiver Burt Wiand also has reached settlements […]
Hedge Funds Boost Bullish Silver Bets as Mideast Tensions Mount
Bloomberg – Hedge funds boosted bullish bets on silver to the highest in almost four months as tensions in the Middle East sent the metal to a 30-year high. Managed-money funds held net-long positions, or wagers on rising prices, totaling […]
Guardian Media Group investment fund
Guardian – In 2008 Guardian Media Group (GMG) established an investment fund portfolio, as part of its strategy to reduce risk. This fund consists of a wide range of different investments made directly by GMG. These investments are managed by […]
Blockbuster seeks to go on block
Blockbuster Inc. is preparing to put itself up for sale after creditors disagreed on plans to give the movie-rental chain more cash to help it exit bankruptcy protection, people familiar with the matter said. Blockbuster now plans to seek buyers […]
People Moves
Hedge Funds Review – DMS Management, a management company based in the Cayman Islands focused on providing independent directors for the hedge fund industry, has opened a representative office in Hong Kong. Supported by DMS’ Cayman, the office will provide localised […]
Hedge funds now eye aluminium
Business Standard – With aluminium lagging other base metals’ spiral in the past year, hedge funds are eyeing this white metal as the next growth avenue for high profitability. Until recently, aluminium was considered a subsidiary to copper for portfolio […]
Galleon Hedge Fund Trial: Wiretapping Spousal Communications
New York (HedgeCo.net) – A judge has asked to see a transcript of 18 spousal conversations in the case against Craig Drimal, a trader for the Galleon Group of hedge funds, the Las Vegas Sun reports. Federal agents were eavesdropping on the […]
Hedge Fund Service Expansion: DMS Management (Hong Kong) Limited
New York (HedgeCo.net) – Cayman Islands hedge fund firm, DMS Management Ltd, has opened a representative office in the Asia-Pacific region: DMS Management (Hong Kong) Limited. Supported by DMS’ Cayman office, the hedge fund firm hopes to strengthen the relationships between Hong […]