Monthly Archives: July 2012
S. Korea to ease entry barrier of hedge funds
Yonhap – South Korea said Sunday it will ease regulations on hedge funds to enable asset managers and brokerage houses to more easily set them up, with an aim to nurture the related sector. A hedge fund is privately pooled […]
Hedge Funds Add Wagers in Longest Streak Since 2009: Commodities
BusinessWeek – Hedge funds raised commodity bets in the longest bullish streak in three years as speculation that policy makers will increase economic stimulus drove prices toward the biggest monthly rally since October. Money managers raised their net-long positions across […]
Hedge Funds for Hoi Polloi
Barron’s – The struggling hedge-fund industry has hit upon a brilliant growth strategy: If you sell more products that more people can invest in, you will likely attract assets. GeniusAnd so we’re seeing more and more hedge funds announcing they’re […]
Hedge fund investing in Nordic power markets moves onto Deutsche Bank platform
Hedge Funds Review – Coeli Asset Management, a Swedish hedge fund and FoHF manager, has moved its Nordic power fund onto the Deutsche Bank dbSelect platform. The fund, launched in 1997, has never had a negative year. Sweden-based Coeli Asset Management […]
Church of England pension board puts faith in hedge funds
Reuters – The Church of England’s pension fund has given its blessing to some of the world’s biggest hedge fund managers, putting its faith in an industry much maligned for poor returns in recent years, its annual report showed. The […]
Why no hedge fund has made a killing out of the euro crisis
The Economist – Market turmoil usually spells good news for someone. When America’s housing market collapsed, the beneficiaries were hedge-fund managers such as John Paulson of Paulson & Co, who made $15 billion shorting subprime mortgages in 2007. Why, then, […]
New Century Hedge Fund’s Onsa Sentenced for Ponzi Scheme
Bloomberg – Former hedge-fund manager Ward Onsa was sentenced to 6 1/2 years in prison for using his firm, New Century Investment Management LLC, to run a Ponzi scheme. Onsa pleaded guilty in Brooklyn, New York, federal court in December […]
Investors demand hedge funds show clean hands on Libor
Reuters – Investors are pushing some of the world’s biggest hedge funds to show that their traders played no part in the interest rate rigging scandal plaguing major banks. These hedge funds have responded with in-depth internal probes which they […]
Hedge Fund Launch: Hatteras Alpha Hedged Strategies Variable Fund
New York (HedgeCo.Net) – $2 billion hedge fund investment specialist, Hatteras Funds, has launched a new variable trust fund, the Hatteras Alpha Hedged Strategies Variable Fund. “We believe alternative investment strategies provide higher levels of diversification and risk mitigation than […]
German govt wants to limit hedge funds to professionals
Reuters – German Finance Minister Wolfgang Schaeuble wants to limit direct investment in hedge funds to professionals in order to protect private investors from risky assets, via a new bill regulating alternative investment funds, his ministry said on Wednesday. “Interests […]
Broadband Research’s Kinnucan Pleads Guilty In Tip Case
Bloomberg – John Kinnucan, the Broadband Research LLC founder who earlier refused to cooperate in an FBI probe of insider trading, admitted passing illegal tips on companies to hedge-fund clients and obstructing justice. Kinnucan, 55, who was indicted in February, […]