Monthly Archives: May 2011
Nat Rothschild tops UK hedge fund rich list
Reuters – Financier Nat Rothschild, scion of one of the world’s most famous banking dynasties, has topped a table of Britain’s wealthiest hedge fund managers after tripling his fortune in 2010, the Sunday Times Rich List shows. The mining and […]
The Q2 2011 Edition of the Asset Management Alternatives Quarterly
Credit Suisse announced the release of the second quarter 2011 edition of the “Asset Management Alternatives Quarterly,” a thought leadership series offering investors authoritative insight on economic trends and capital markets around the world. The Q2 2011 edition features articles […]
Man Announces Two New Board Members: Emmanuel Roman and Matthew Lester
New York – Man Group plc, today announced the appointment of Emmanuel Roman, Chief Operating Officer, as an executive director and Matthew Lester as a non-executive director with immediate effect. Emmanuel Roman joined Man as Chief Operating Officer in October […]
Hedge Funds and the Ping Pong Renaissance
New York (HedgeCo.net) – The emergence of upscale table-tennis clubs is spawning a ping pong renaissance, according to a Bloomberg editorial. Last month, SPiN New York hosted the “Clash Of The Hedge Fund Titans” ping pong tournament, in which hedge […]
Rajaratnam Jury Hears Wiretaps Again as New Member Joins for Deliberations
Bloomberg – Jurors in the insider-trading trial of Raj Rajaratnam reheard recordings of wiretapped conversations played for them last week after restarting deliberations following the replacement of one member of the panel. With an alternate seated on the panel after […]
Gold prices slide after mega-rich Soros offloads his large holding
Irish Independent – Gold prices retreated yesterday after mega-rich currency speculator George Soros sold the precious metal. The multi-billionaire hedge fund manager sold his large holding in gold as the price spiked to $1,550 an ounce. Mr Soros’s liquidation could well mark the […]
Diggle Starts New Volatility Hedge Fund Two Months After Shutting Artradis
Bloomberg – Stephen Diggle, the Singapore-based hedge fund manager who made $2.7 billion for investors as markets see-sawed in 2007 and 2008, started a new hedge fund that places wagers on price swings, two months after liquidating Artradis Fund Management […]
Dow Jones Credit Suisse Core Hedge Fund Index up 1.44% in April
New York (HedgeCo.net) – The Dow Jones Credit Suisse Core Hedge Fund Index finished at 1.44% in April, up from -0.08% in March. The index stands at +2.62% year to date. “After a downturn mid-month, the Dow Jones Credit Suisse […]
Hedge Fund People: AIS Hires Anthony Perugini Chief Technology Officer
New York (HedgeCo.net) – AIS Fund Administration (AIS), a leading hedge fund administrator has hired Anthony J. Perugini as Chief Technology Officer, a new position. Perugini brings more than twenty years of experience in financial services technology development and support, […]
Wall Street traders mine tweets to gain a trading edge
USA Today – #Tweet this: To gain a trading edge, Wall Street traders are now using clever computer programs to monitor and decode the words, opinions, rants and even keyboard-generated smiley faces posted on social-media sites like Twitter.com. “We are in […]
Quiet Proxy Season Means Fewer Fights in the Boardroom
New York Times – Shareholder activism intended to spur change in the boardroom is down significantly so far this year. At the same time, activism by hedge funds to oppose takeover transactions is rising. It appears that hedge funds prefer […]