Monthly Archives: July 2014
Rand Paul Slams ‘Fat Cats’ With Hedge Fund in Top Donors
Bloomberg – Senator Rand Paul has preached the political peril of being too close to financiers as he gears up for a likely 2016 presidential bid. “We cannot be the party of fat cats, rich people, and Wall Street,” the […]
R.I. has stake in hedge fund angling for Massachusetts casino license
Providence Journal – The looming threat to Rhode Island’s finances from the advent of casino gambling in Massachusetts brings with it a potentially awkward twist for state officials — the pension funds they oversee may gain from the money and […]
Hedge fund couple in billion-dollar divorce case
Guardian – The wife of a hedge fund tycoon is seeking hundreds of millions of pounds in what could be the largest divorce award ever made in a British court. Lawyers for Jamie Cooper-Hohn, 49, argue that she is entitled […]
H1 2014 Global M&A Trend Report
New York (HedgeCo.Net) – H1 2014 (US$ 694.6bn) has been the most active half year for US M&A since H1 2007, up 98.3% from H1 2013 (US$ 350.2bn) and a 30% increase from H2 2013 (US$534.3bn), according to a new report […]
The Next Phase of Hedge Fund Industry: Regulation
New York (HedgeCo.Net) – Regulation will be the key driver in the next phase of the rapidly evolving hedge fund industry, according to Part II of the Citi Investor Services’ 5th Annual Industry Evolution survey. Previous Citi surveys have discussed […]
Investors Told of Class Action Against Hedge Fund OCH-ZIFF
New York (Hedge Co.Net) – A class action lawsuit is taking place on behalf of investors in hedge fund Och-Ziff Capital Management Group LLC securities between February 9, 2012 and April 25, 2014. The complaint alleges that throughout the Class […]
Rand Paul Slams ‘Fat Cats’ With Hedge Fund in Top Donors
Bloomberg – Senator Rand Paul has preached the political peril of being too close to financiers as he gears up for a likely 2016 presidential bid. “We cannot be the party of fat cats, rich people, and Wall Street,” the […]
Hedge funds continue to count the cash
The Irish Post – Mystifyingly, investors and pension funds continue to respond to hedge fund underperformance by throwing money at the industry, with assets under management now exceeding $3 trillion for the first time ever, according to eVestment. Last year, […]
With hedge fund move off, blame game on
Stamford Advocate – A billionaire is without a helipad in Stamford’s South End. There will be no traffic jam of Teslas on Washington Boulevard. And for Gov. Dannel P. Malloy, who previously presided as mayor over Stamford’s renaissance as a […]
Hedge fund correlation risk alarms investors
FT – Hedge funds’ correlation with the equity market has risen back to pre-financial crisis highs, raising fears that the $2.7tn industry could again suffer sharp losses in the event of a market slide. The level of correlation may also […]
Taveras, Raimondo trade barbs over hedge funds
WRPI – Providence Mayor Angel Taveras’s campaign on Monday slammed his rival for the Democratic gubernatorial nomination, General Treasurer Gina Raimondo, for retaining an adviser recently replaced in Massachusetts – then got criticized for getting the facts wrong. WPRI.com reported […]
AIMA Launches OTC Guidelines for Hedge Funds
New York (HedgeCo.Net) – The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has launched OTC derivatives clearing guidelines for asset managers. AIMA’s Guide to Sound Practices for OTC Derivatives Clearing provides guidance on the new regulatory […]