Monthly Archives: February 2011
Ten Best Hedge Funds of All Time
Benzinga – Several publications try to rank hedge funds based on their one year or three year performance. These criteria aren’t sufficient to determine which hedge funds truly deserve to have the top rankings. They employ some filters to eliminate […]
US sentencing guidelines: a cornerstone of hedge fund compliance practices
Reuters – Compliance regulations couldn’t get any more press coverage than they do today, given the almost daily raft of new SEC and Treasury rules. Putting the proposed and actual laws aside, however, have you ever stopped to wonder what […]
Are hedge fund managers the Tories’ trade unionists?
BBC – Labour leaders and Labour prime ministers have since time immemorial (well almost) taken millions of pounds of funding on behalf of their party from trade unions, and devoted a considerable slug of their waking hours to telling the […]
Justice Dept. charges 4 with insider trading at hedge funds
Washington Post – The Justice Department charged three hedge fund portfolio managers and one analyst in a criminal conspiracy that allegedly involved information about companies such as Advanced Micro Devices and Fairchild Semiconductor International. The Securities and Exchange Commission, which […]
Desperate ‘insider coverup’
NY post – A panicked hedge-fund manager running an insider-trading ring was so frightened the feds were closing in, he fled his Upper East Side apartment in the middle of the night to toss evidence into garbage trucks around the […]
Hermes BPK aiming to triple assets in 5 years
Reuters – The fund of hedge funds arm of Hermes aims to boost its assets by three times to $5 billion (3.1 billion pounds) in five years by tapping growing demand for alternative investments in countries including Japan, the head of […]
Abu Dhabi’s Royal Capital plans fixed income, hedge funds
Arabian Business – Royal Capital, an Abu Dhabi-based investment firm, plans to focus on fixed income funds as it taps growing investor demand for the Middle East and North Africa (MENA), its head of asset management said. The two-year-old firm, […]
Hedge Fund Performance in 2010
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index team has released its 2010 Hedge Fund Industry Review. The report examines the drivers of hedge fund performance in 2010 and explores some of the noteworthy trends that […]
Hedge Fund People Moves: Serge Adam Joins Highbridge Principal Strategies
New York (HedgeCo.net) – Hedge fund manager Highbridge Capital Management has hired Serge Adam as a Managing Director at Highbridge Principal Strategies. Adam joins Highbridge after ten years at Sandell Asset Management, where he most recently was a senior managing […]
Hennessee Hedge Fund Index advanced +0.80% in January
New York (HedgeCo.net) – The Hennessee Hedge Fund Index advanced +0.80% in January (+0.80% YTD), while the S&P 500 advanced +2.26% (+2.26% YTD), the Dow Jones Industrial Average increased +2.72% (+2.72% YTD), and the NASDAQ Composite Index climbed +1.78% (+1.78% […]
Gore’s Investment Firm Said to Start $500 Million Asian Fund
Bloomberg – Al Gore’s Generation Investment Management LLP, which buys shares of companies it deems socially responsible, aims to start a $500 million fund to invest in Asia, said two people briefed on the plan. The fund may start by July, […]
Activist Fund Threatens Proxy Fight at Mentor Graphics
DealBook – An activist hedge fund on Monday threatened to mount a proxy fight at Mentor Graphics to protest what the firm said were moves meant to forestall talks with unhappy shareholders. Casablanca Capital, a hedge fund founded by former Lazard […]