Monthly Archives: February 2008
Soft commodities seen outperforming other assets
LONDON (Reuters) – Soft commodities will likely outperform other commodity asset classes over the next five years, in large part due to their ties to energy, a senior sugar trader said on Tuesday. Jonathan Boyden, head of sugar trading at […]
Trade Like Hot Hedge Fund, Passport Capital
Street.Com- For many investors, 2007 proved a tough year. Some hedge funds, like the one run by Sowood Capital, went under, while countless funds underperformed the broader market. Even so, some hedge funds, notably Passport Capital, profited hugely. This San […]
Zwirn to Shut Largest Hedge Funds After Clients Pull $2 Billion
Bloomberg- D.B. Zwirn & Co., the New York-based investment firm that was hobbled by disclosures of improper accounting, will liquidate its two largest hedge funds after clients asked to withdraw more than $2 billion. The firm will shut the domestic […]
ANDREW MCKILLOP TO JOIN VERTUS CAPITAL PARTNERS AS DIRECTOR OF RESEARCH
Commission’s Directorate-General for Energy, National Energy Coordinator,Department of Minerals & Energy, Government of Papua New Guinea, Kuwait,Abu Dhabi and Saudi Arabia. "I am happy and proud to be working alongside with Joseph and Craig in thisfast emerging sector of investor […]
Three Canadian Men Face Charges of Fund Fraud
HedgeCo.Net (West Palm Beach) – Three men from British Columbia are being investigated after the executive director of the British Columbia Securities Commission issued a notice of hearing alleging that they defrauded investors by illegally selling millions of dollars in […]
Ouch! The Ten Biggest Losers of Northern Rock
Financial Times – There are no winners from the British government’s decision this week to nationalise Northern Rock, the mortgage lender. There is, however, an embarrassment of losers. Northern Rock is only one of many troubled banks. Even Credit Suisse, […]
Standard Chartered Throws in the Towel on Whistlejacket
HedgeCo.Net (West Palm Beach) – UK based Standard Chartered has ditched its $7.2 billion structured investment vehicle after assets fell further and “the confines of receivership” took a toll on the fund. The Whistlejacket fund, an SIV that issued short-term […]
Tremont Hires FoHF Specialist
West Palm Beach (HedgeCo.Net)- Tremont Capital Management announced the appointment of fund of hedge fund specialist Susan Crotty as Managing Director of Investment Management Services. “Sue’s extensive experience consulting to a wide variety of institutions on fund of hedge fund […]
TCI Challenges Japanese Government On Foreign Investment Policy
West Palm Beach (HedgeCo.Net)- UK hedge fund TCI has challenged Japanese attempts to control foreign investments. In a bid to boost its stake in Japanese utility J-Power to up to 20 percent, the Children’s Investment Fund, or TCI, has been […]
Contemporary Art Show Draws Hedge Funds, Movie Stars in NY
Bloomberg- Buying art is “a tremendous cultural activity” said Martin Margulies, a real-estate developer who will be at New York’s Art Show on Park Avenue today. “The movie stars want to get in it,” he said. “The hedge- fund guys […]
ASIC investigates hedge funds
News.com.au- AUSTRALIA’S investment watchdog is investigating the stock market trading practice of short selling to see if it is adding to volatility in share prices, a Senate committee heard today. Short selling is a common practice among private investment funds, […]
Is Clinton Hating on Hedge Funds? – New York Times Blogs
Hillary Clinton has drawn a lot of support from Wall Street moguls, including the heads of Morgan Stanley and Goldman Sachs. Her daughter, Chelsea, even works for a hedge fund, the Avenue Capital Group. But at a campaign stop Tuesday […]