Monthly Archives: April 2012
Gold Traders Get More Bullish as Central Banks Hoard More
Bloomberg – Gold traders are more bullish after central banks expanded their bullion reserves and hedge funds increased bets on a rally for the first time in three weeks. Fourteen of 28 analysts surveyed by Bloomberg expect prices to gain […]
Judge Won’t Dismiss U.S. CFTC Oil Manipulation Case
Reuters — A U.S. judge denied a motion to dismiss the U.S. Commodity Futures Trading Commission’s lawsuit against Arcadia Petroleum and Parnon Energy on Thursday [April 26], saying the regulator had “plausibly alleged” the traders manipulated oil prices in 2008. […]
Goldman Sachs Insider Trading Probe Aimed at Healthcare Tips
Reuters — The newest Goldman Sachs insider trading probe is focused on a San Francisco-based investment banker suspected of tipping off a hedge fund manager about two health care deals, according to a source who could not be identified. Federal […]
Financial Research Associates’ Private Investment Funds Tax Master Class
New York (HedgeCo.net) – Financial Research Associates (FRA) is proud to bring back the highly acclaimed Private Investment Funds Tax Master Class in New York City at the Princeton Club of NYC on Monday, May 7 and will continue through Tuesday, […]
Hedge Fund Performance for March Up 0.1%
New York (HedgeCo.net) – Morningstar reported preliminary hedge fund performance for March and for the first quarter as well as estimated asset flows through February 2012. The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds in […]
U.S. Charges Ex-Morgan Stanley Executive With Fraud
Reuters – A former Morgan Stanley executive settled with U.S. securities regulators in connection with real estate investments in China and prosecutors have filed a related criminal case, the Securities and Exchange Commission said on Wednesday [April 25]. Garth Peterson, […]
George Soros’ Buys 7 Percent of Openwave
Forbes – George Soros, founder of the second-best-performing hedge fund of all time, the Quantum Fund, bought 6 million shares of Openwave (OPWV) on April 10 at approximately $2.41 per share, as reported by GuruFocus Real Time Picks. Soros had previously […]
The Hedge Fund Lobbyists Fight Back
Business Insider – Hedge funds have received quite a battering in the financial press of late. Persistently disappointing results have rightly drawn attention to the high fees, opaque strategies and limited liquidity that characterize much of the industry. My recent […]
Man Group Speculators Chase Hedge Funds at Record Low: Real M&A
Bloomberg – For asset managers seeking hedge fund-like returns on the cheap, Man Group Plc is now offering the biggest discount on record. The world’s largest publicly traded hedge-fund manager was valued at 0.65 times net assets this week before […]
HedgeCo Networks Launches Website Design Platform Focused on Servicing Registered Investment Advisers
New York – HedgeCo has launched RIA Websites, a division specializing in technology solutions specific to the investment advisory industry. RIA Websites will leverage the technology built by HedgeCo Websites and provide clients with website licensing with built-in CRM and […]
Rothstein Kass Survey Finds Nearly Half Of Hedge Fund Managers Expect Difficult Year In 2012
Press Release – Rothstein Kass, a leading professional services firm to the alternative investment community, has published its sixth annual report on hedge fund industry trends. “Hedge Funds 2.0: Evolution in Action” features the findings of a first quarter 2012 […]
Hedge Fund Event SALT To Feature Maroon 5
New York – Hedge fund giant SkyBridge Capital, the producers of the SkyBridge Alternatives (SALT) Conference, announced that they have established The Aspire Giving Foundation to raise awareness and capital for organizations that provide underserved populations with the tools needed to achieve their […]