Monthly Archives: June 2019
Ray Dalio, David Rubenstein and Marc Lasry to headline second annual Greenwich Economic Forum
(Opalesque)The Greenwich Economic Forum (GEF) announced that its annual event will be taking place at the Delamar Greenwich Harbor Hotel on November 5-6, 2019. GEF will once again gather an elite group of leaders from global finance, business, government, media, […]
Boaz Weinstein’s Hedge Fund Sues BlackRock Funds Over Board Elections
(Bloomberg) Boaz Weinstein’s hedge fund sued BlackRock Advisors, saying the asset manager has prevented outsiders from gaining board seats at several of its funds. To read this article:
Harvard Endowment Needs to Lower Fees, Not Pay
(Bloomberg) The battle over investment fees is coming to a college campus near you.A group of Harvard University alumni known as the Class of 1969 Ad Hoc Committee on Harvard’s Endowment Management recently complained in a letter to Harvard President […]
SEC Charges Issuer With Conducting $100 Million Unregistered ICO
(HedgeCo.Net) The Securities and Exchange Commission has sued Kik Interactive Inc. for conducting an illegal $100 million securities offering of digital tokens. The SEC charges that Kik sold the tokens to U.S. investors without registering their offer and sale as […]
Mifid II drives race for research alternatives
(Hedgeweek) How are hedge funds changing their research methods in the wake of MiFID II? Joe McGrath investigates… To read this article:
Rising global risks cause investor flight to safety, but UK equity funds buck the trend
(Hedgeweek) A bad month for share prices made relatively little impact on investors in May, according to the latest Fund Flow Index (FFI) from global funds transaction network Calastone, but mainly because buyers have been on strike now for months. […]
Ray Dalio, David Rubenstein and Marc Lasry to headline second annual Greenwich Economic Forum
(Opalesque) The Greenwich Economic Forum (GEF) announced that its annual event will be taking place at the Delamar Greenwich Harbor Hotel on November 5-6, 2019. GEF will once again gather an elite group of leaders from global finance, business, government, […]
Elliott Management in talks to buy Barnes & Noble
(Reuters) Hedge fund Elliott Management Corp is in talks to acquire Barnes & Noble Inc, in a deal that would mark the end of the once-dominant U.S. book retailer as a publicly listed company, a source familiar with the matter […]
U.S. regulators probe embattled hedge fund firm City Financial
(Reuters) (Reuters) – U.S. regulators are investigating City Financial Investment Company, a London-based hedge fund firm that entered administration three months ago, according to a notice. The U.S. Securities and Exchange Commission (SEC) watchdog started an inquiry before two administrators […]
Fortress Billionaire Wes Edens Bets on ‘Freedom Gas’ Exports
(Bloomberg) Wes Edens is an unlikely evangelist for the benefits of U.S. natural gas exports — or “freedom gas,” as the Department of Energy likes to call it. The 57-year-old billionaire is a creature of Wall Street. After stints at […]
Hedge Fund Adviser to Pay $5 Million for Compliance Failures Related to Valuation of Fund Assets
(HedgeCo.Net) A private fund manager in the mortgage-backed securities space has agreed to pay a $5 million penalty to settle charges stemming from compliance deficiencies that contributed to the firm’s failure to ensure that certain securities in its flagship fund […]
U.S. regulators probe embattled hedge fund firm City Financial
(Reuters) – U.S. regulators are investigating City Financial Investment Company, a London-based hedge fund firm that entered administration three months ago, according to a notice published at UK companies registrar Companies House on Tuesday. To read this article: