Monthly Archives: April 2012
Hedge Fund Philanthropy: NY Casino Night
New York (HedgeCo.net) – High Water Women is getting ready for their 7th annual Casino Night. The event takes place Thursday, April 26, 2012, at Gotham Hall, 1356 Broadway at 36th Street. “Casino Night” has helped to raise more than […]
The HedgeCo April Hedge Fund Networking Event in NYC
The HedgeCo Networking Events are a chance for investors, hedge fund managers, and other industry professionals to come together and enjoy a night of sharing ideas and meeting new contacts. Recognized as having the largest attendance for any type of […]
Swiss Lawmakers to Debate Tougher Rules for Hedge-Fund Managers
Bloomberg – Swiss lawmakers are considering proposals to tighten regulations on hedge funds and other asset managers that will align the Alpine nation with draft European union rules. The amendment to an act on collective investments will be debated by both chambers […]
Prime brokerages consolidate after “big bang”
Reuters – Hedge funds are cutting back on the brokerage accounts they hold as the prime brokerage industry begins to consolidate more than four years after the Lehman Brothers bankruptcy blew the sector wide open. The shift comes as prime […]
Hedge fund’s “Billion Dollar Club” loses out to smaller rivals as equity markets rise
Investment Europe – Hedge fund allocators were right last year in deciding to funnel more money to firms with $1bn or more – dubbed the ‘Billion Dollar Club’ – but this year the higher exposure of smaller funds to rising […]
Hedge funds cut commodity exposure to four-month low
ET – Hedge funds and other money managers slashed their exposure to US commodities by around $9 billion this week, government data showed over the weekend, in the biggest such cut in four months on worries over China’s slowing economy […]
Humbler London hedge funds shun swanky Mayfair
Reuters – London hedge funds are shunning their traditional heartland in Mayfair, the city’s most expensive office neighbourhood, pushed out by straitened financial circumstances and the desire to dump their racy image for something more businesslike. The Mayfair and St […]
The Dodd-Frank Bill: Views From The Hedge Fund Industry
New York (HedgeCo.net) – New hedge fund research has emerged from the Frank G. Zarb School of Business at Hofstra University in conjunction with hedge fund accounting and advisory firm EisnerAmper LLP., “The Dodd-Frank Bill – a Year and a […]
April Hedge Fund Inflows Advance 0.35%
New York (HedgeCo.net) – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 0.35% in April. “Outflows tend to be seasonally higher at quarter ends as investors rebalance their portfolios,” said Hans Hufschmid, chief executive officer, GlobeOp […]
Goldman Fined $22 Million Over Trading Huddles
DealBook – Goldman Sachs agreed on Thursday to pay securities regulators $22 million to settle accusations that it did not have adequate policies in place to stop stock research tips from being passed inappropriately to its biggest clients. In its […]
Citadel Soars to $115 Billion With Reporting Rule Change
BusinessWeek – Citadel Advisors LLC and Millennium Management LLC said their assets soared ninefold when tallied under a new rule that requires hedge funds to disclose investments financed through borrowings. Citadel, run by Ken Griffin out of Chicago, reported $115.2 […]
Despite their rep, hedge funds disappoint
CBS – A truly amazing phenomenon is the continued popularity of hedge funds, especially among high net worth investors. Despite the historical evidence on their lousy performance (as presented in my book “The Quest for Alpha”), hedge funds continue to […]