Monthly Archives: July 2012
New Asia hedge funds raise US$2bil in first half
The Star – New Asian hedge funds raised US$2bil in the first half of the year, an increase of 50% over the capital they raised in the previous six months, a survey by industry tracker AsiaHedge shows. The number of […]
Key witness in history’s largest hedge fund insider trading case gets 2 years’ probation in NY
Newser – A former financial consultant-turned-government witness was spared prison time Thursday and given only two years of probation after prosecutors credited him with helping convict a pair of Wall Street titans on insider trading charges. Anil Kumar had pleaded […]
It’s Time to Buy Dollar, Hedge Fund Says
Wall Street Journal – Investors should ignore growing expectations of a third round of quantitative easing by the Federal Reserve and pile into the dollar because the U.S. economy is slowing and big trouble is brewing in the euro zone, […]
Blackstone-Backed Senrigan Hedge Fund Said to Lose 15% in 1H
Bloomberg: Senrigan Capital Group Ltd., an Asia-focused event-driven fund backed by Blackstone Group LP (BX), lost almost 15 percent in the first six months of this year, according to a performance estimate sent to investors. Senrigan Master Fund’s net-asset value […]
US Hedge Fund Awards: Agecroft Partners Wins Best Hedge Fund Third Party Marketing Firm
New York (HedgeCo.Net) – Agecroft Partners, the hedge fund consulting and third party marketing firm, was recognized by Hedgeweek as the winner of the “2012 Best Third Party Marketing Firm” at their US Hedge Fund Awards ceremony held in New […]
Global Investment Management Industry Continues to Face a Regulatory Avalanche of Disparate Rules: KPMG Report
In its fourth annual analysis of global financial regulations, KPMG, the audit, tax and advisory firm, says investment managers continue to face daunting challenges brought on by a changing global regulatory environment, which is fraught with unanswered questions and an […]
Hedge Fund Research: A Practical Guide to Capital Markets
New York (HedgeCo.Net) – Experts at hedge fund service provider Rothstein Kass, have co-authored “A Practical Guide to Capital Markets: Participants, Instruments and Compliance,” published by Thomson Reuters Westlaw. Joe Pacello, a Financial Services Tax Principal, and Richard Bloom, National […]
Woman Around Town: Hedge Fund Manager Susan Solovay
Susan Solovay founded Pomegranate Capital in 2008 to invest in women-owned hedge funds. It’s quite a story, and while she shuttered the fund in 2009 in the wake of the ongoing Great Recession, she’s gone on to help entrepreneurs, both […]
Brevan Howard Starts U.S. Investment Firm With $300 Million
Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, has opened a U.S. investment firm that will start trading in August with an estimated $300 million. Brevan Howard U.S. Investment Management LP was set up in New York […]
Private Hedge Fund “Alpha” Surveys Allow Wealthy Clients to Profit From “Insider” Views
CorpWatch – BlackRock, Marshall Wace, and Two Sigma Investments – three major hedge funds – have been conducting regular private surveys of brokers for wealthy clients. The practice – often called “alpha capture” – has raised red flags because of […]
Prosecutor Bharara Tells Hedge Funds Cases Build Trust
Bloomberg – Preet Bharara, the top federal prosecutor in Manhattan whose office has sent inside traders and terrorists to prison, told attendees at a hedge fund conference that prosecutions foster confidence in the market. “If you have open and aggressive […]
New Asia hedge funds raise $2 bln in H1 2012
Reuters – New Asian hedge funds raised $2 billion in the first half of the year, an increase of 50 percent over the capital they raised in the previous six months, a survey released on Thursday by industry tracker AsiaHedge […]