Monthly Archives: March 2016

(Harvest) “I believe that in order to act on anything, you need to have a level of trust. Particularly in a sector which unfortunately breeds some unscrupulous people.” Jim Osman, CEO, The Edge. For the exclusive benefit of Harvest readers, […]

(Harvest) In January, the Department of Labor (DOL) delivered its final fiduciary rule to the Office of Management and Budget for review. Also known as the Conflict of Interest rule, it updates the standards by which advisors to retirement plans […]

(Reuters) China’s hedge fund industry has been thrown into disarray as managers rush to comply with stringent new rules, introduced overnight, that could see over half the industry shut down by August, fund managers and lawyers told Reuters. Domestic and […]

(Reuters) BlackRock Inc’s $1.9 billion Obsidian hedge fund posted a negative 7.5 percent year-to-date return through March 4, HSBC data showed. The fund was down 4 percent in January, according to an estimate the hedge fund had provided to investors, […]

(Reuters) Former Paulson & Co partner Dan Kamensky has secured backing from a Bain Capital co-founder and others for his new hedge fund, and plans to hire a former top marketer at King Street Capital Management to sell it, Kamensky […]

(Valuewalk.com) Alleged Oregon Ponzi scheme broken up: After raising more than $350 million from over 1,500 investors, promising rates of return from 8.5% to 10%, hedge fund CEO Robert J. Jesenik and executive vice president Brian A. Oliver enjoyed life […]

(Bloomberg) It’s well known that stocks with the most hedge funds ownership have been doing badly in the U.S. How badly might surprise you. While volatility has seeped into every corner of the market over the last year, no group […]

(Bloomberg) PGGM NV plans to expand infrastructure assets by about 3 billion euros ($3.3 billion) by the end of next year as the investor for Europe’s second-largest pension fund seeks more stable and higher returns to help better meet funding […]

(Bloomberg) Michael Pearson and his company, Valeant Pharmaceuticals International Inc., were supposed to calm Wall Street doubters on Tuesday. Instead: chaos. What began before dawn with disappointing financial news quickly snowballed into the worst day in the drug company’s history, […]

(Bloomberg) Hedge funds in Asia, which beat counterparts in the U.S. and Europe in 2015, are off to their worst annual start on record this year, as the region’s stock markets have plunged amid a dimming outlook for growth. Asia […]

(Reuters) After deserting commodities markets during last year’s slide, some hedge funds are starting to move back in, betting a recent pick-up in energy prices could signal a turning point.A handful of managers are weighing up new specialist hedge funds, […]

(Bloomberg) A little-known British day trader caught up in a high-profile insider-trading case said he has assets worth at least $100 million from a venture-capital business he owned. Ben Anderson told a London court that he had a stake worth […]