Monthly Archives: April 2012
First Trust Files For Hedge Fund ETF, Pyxis Plans Actively-Managed Fund
ETFdb – Stocks started off in a hole on Monday as investors fretted over the March employment report, however, pessimism faded throughout the week as earnings euphoria brought back the bulls. The product development front was a bit quiet this […]
Goldman-linked hedge fund Capula expands to Hong Kong
Reuters – Goldman Sachs-linked Capula Investment Management is expanding its $13 billion (8 billion pound) business into Hong Kong, according to sources, becoming the latest major investor to jump into the region where hedge fund players are a small but […]
SkyBridge Bolsters Fund of Hedge Fund Product Portfolio with Broader Platform Distribution and Expanded Sales Team
SkyBridge Capital (SkyBridge), an alternative investment firm, today announced the continued expansion of its global distribution footprint with the addition of five new members to its sales team and new partnerships with major distribution platforms. SkyBridge manages or advises on […]
Hedge Fund Launch – FH Emerging Markets Short Term Debt Fund
New York (HedgeCo.net) – FH International Asset Management LLC, the advisor to FH Emerging Markets Short Term Debt Master Fund, L.P. and its tax-exempt/offshore feeder, FH Emerging Markets Short Term Debt Fund, LTD, since their launch in November 2010, is pleased to […]
Energy Corp. Enters Into $3.2 Million Dollar Deal With New York Hedge Fund
New York (HedgeCo.net) – New America Energy Corp. has signed an agreements for a non-brokered financing arrangement of up to US$3,000,000 with NY hedge fund Fairhills Capital Offshore Ltd. The financing allows the Company to obtain capital to execute its growth strategy. […]
Scientists and bankers — a new model army
Nature – The financial system is in a credit-confidence trap. Like a badly balanced ship trying not to capsize during a storm, banks and financiers are unwilling to make loans or accept collateral in exchange for securing debts — they […]
Viking Global to Rely More on Junior Managers
Reuters – Hedge fund superstar Andreas Halvorsen is putting more trust in his junior portfolio managers. Mr. Halvorsen, who runs the $16.7 billion Viking Global Investors, told clients on Wednesday [April 11] that he recently upped the aggregate credit lines for a quartet of […]
Jeffrey Sachs on the US economy: ‘It’s been an amazing ride for the rich’
New York (HedgeCo.net) – Jeffrey Sachs in conversation at the Guardian Open Weekend. Here, he discusses how globalisation has exacerbated income inequalities and the control over politics exerted by the rich, citing the Occupy movement which he describes as a […]
Investors Run Scared of Spain’s Battered Banks
Reuters – Spain’s banks are fast joining the ranks of the most unloved in Europe just as many need to raise capital urgently, deserted by investors who believe the country is on the brink of a recession that many lenders […]
Report: Re-engineer Mississippi River Delta to Protect Nation’s Economic, Ecological Assets
Building a series of engineered structures called diversions along the lower Mississippi River will yield tens of billions of dollars in net annual benefits to the nation and hedge against future disasters, according to a new report co-authored by 22 […]
Hedge Fund Advisor Whitebox Readies Push to Registered Investment Advisors
New York (HedgeCo.net) – Whitebox Advisors, the $2.3 billion (March, 2012) asset management firm founded and led by convention-defying money manager Andrew Redleaf, announced a partnership with third party marketing firm Havener Capital Partners LLC. Havener will spearhead the sales and marketing effort […]
Ex-Fannie CEO Mudd Quit Hedge Fund Rather Than Settle SEC Suit
Bloomberg – After the U.S. government snatched Fannie Mae from the brink of collapse in 2008 and forced out its chief executive officer, Daniel H. Mudd, he headed for the river. The 6-foot-4 former Marine, a onetime U.S. Olympic rowing […]