Monthly Archives: May 2013
Hedge fund managers face the hazards of poker
FierceFinance – Image counts a lot in the hedge fund industry. So if you are a hedge fund manager and you let it be known that you also play poker, you had better play pretty well. Poker is taken quite seriously […]
Meet One Of The Youngest And Brightest Hedge Fund Analysts That Isn’t On Wall Street
Forbes – 22-year-old Alex Bosset is not your typical college student. A finance major at the University of Minnesota, he was recently ranked among the top 14 buyside analysts in a list compiled by SumZero, a social network for professional investors […]
Wife wins battle for billion pound hedge fund
Telegraph – As he toiled away on the technical side of their hedge fund, she ran the business. But when their relationship started to break down, mathematician Dr Martin Coward’s decision to leave the hedge fund he set up with his […]
Hedge fund is trying to overthrow the board of Intrepid Mines
The Hong Kong-based hedge fund trying to overthrow the board of Intrepid Mines was in contact with the holders of the title for the big Tujuh Bukit copper and gold deposit in Indonesia before the Australian company’s staff were ordered […]
Hampden Bank under pressure to sell from Dallas-based hedgefund Clover Partners
Massachusetts – A Texas hedge fund firm is stepping up its efforts to put Hampden Bancorp on the block by trying to get two of its representatives on the Springfield banking company’s board of directors. With 6.5 percent of the company’s shares, Dallas-based […]
Rich Returns From a Poor Man’s Hedge Fund
Bloomberg – Investor fascination with hedge funds has been on full display for the past two weeks as managers filed their quarterly holding reports, known as 13Fs. Everyone wants to know what John Paulson or David Einhorn or David Tepper […]
Cohen Subpoenaed to Testify In Hedge Fund Fraud Case
New York (HedgeCo.Net) – Hedge fund billionaire Steven A. Cohen has been subpoenaed to testify before a grand jury in an SEC insider trading investigation into his hedge fund, SAC Capital Advisors. Private-equity giant Blackstone Group, the hedge fund’s largest outside […]
Goldman Launches Access To Hedge Funds For Only $1000
New York (HedgeCo.)net) – Goldman Sachs has plans to bring the trading strategies of Wall Street hedge funds to investors with as little as $1000, financial news source The Street Reports. “The bank’s investment management unit, Goldman Sachs Asset Management, […]
Pershing and BNY Mellon Combine Bank and Brokerage Custody into a Single Service Offering
New York (HedgeCo.Net) – Pershing LLC, a BNY Mellon company, today announced that Pershing Advisor Solutions and BNY Mellon’s Wealth Management Advisor Custody Group, will now deliver a single-service integrated bank and brokerage custody offering. Advisors will no longer have […]
BlackRock and NACD Name Winner of Global Challenge for Innovation in Corporate Governance
BlackRock and the NationalAssociation of Corporate Directors (NACD) are pleased to announce the winners of the Global Challenge for Innovation in Corporate Governance: Yu Zhang, assistant professor of strategy at The Paul Merage School of Business at the University of […]
AllianceBernstein’s Global Funds Win Top Industry Honors at Lipper Awards
New York (HedgeCo.Net) – AllianceBernstein announced today that nine of its funds spanning the fixed income, equities, emerging markets and technology sectors won a total of 35 top honors in Europe, Asia and the U.S. at this year’s Lipper awards. […]
Hedge Fund Titans Vs. The Fed Comes Down To Money Hoarding Vs. Reserve Hoarding
Forbes – Jesse Eisinger, in a provocative article in today’s New York Times, summarizes an argument on Fed policy between hedge fund managers and economists. “After several such managers at a recent conference denounced the aggressive money-printing policies of Ben […]