Monthly Archives: July 2011
Dodgers Paid JPMorgan-Owned Hedgie Undisclosed Fee
Barron’s – Major League Baseball is now demanding the right to question Highbridge Principal Strategies, which has floated a $150 million loan to Dodgers owner Frank McCourt to keep the team afloat through bankruptcy proceedings. The hedgie is owned by J.P. Morgan. MLB […]
The “Twitter Hedge Fund”: Harnessing the Power of Social Media
New York (HedgeCo.net) – Opalesque reports on Derwent Capital’s “Twitter Hedge Fund” investment approach, which is based on an academic paper by Johan Bollen, HuinaMao, Xiao-Jun Zeng called ‘Twitter mood predicts the stock market’. (Below) “Behavioral economics tells us that emotions can […]
Agecroft Hedge Fund Specialist Named President of Performance Trust Investment Advisors
New York (HedgeCo.net) – Douglas R. Rothschild, a financial industry veteran and expert in hedge fund operations and asset management, was named President of Performance Trust Investment Advisors, LLC (PTIA), a sister company of Performance Trust Capital Partners, LLC. As […]
Goldman, Madoff, DSK, EMG, Nakheel, Conrad Black in Court News
Bloomberg – Rajat Gupta, the former Goldman Sachs Group Inc. (GS) director, can proceed with a lawsuit claiming the U.S. Securities and Exchange Commission violated his rights when it filed an administrative action accusing him of passing illegal stock tips. […]
ALTIN discloses full fund of hedge funds portfolio, adds CTA manager
ALTIN, the $270m multi-strategy fund of hedge funds listed on the London and Swiss stock exchanges, today announces its entire portfolio of holdings as part of its continued commitment to full investor transparency. ALTIN added one new manager to its […]
GAO gives pros, cons on private fund self-regulation
Pensions & Investments – Creating a self-regulatory organization for private fund advisers overseen by the SEC could help the agency provide better oversight of private equity and hedge fund advisers, but could also bring potential fragmentation among regulators, according to […]
Wall Street legend aims to strike pay dirt in Ontario
Globe And Mail – Seth Klarman is considered one of the world’s money managing impresarios, a superb value investor whose record of outsized returns has given him cult status on Wall Street. What interests him now might be a surprise: rocks […]
GLG’s Lagrange Opens Hedge Fund to Retail Investors, Shuns Banking Shares
Bloomberg – Pierre Lagrange, co-founder of GLG Partners Inc., said he favors industrial and energy stocks and is shunning banks as he opened his European equities hedge fund to retail investors. The fund, which can hold both long and short […]
Hedge funds: Not the newest new thing in terms of innovation
All About Alpha – Innovation, or the art of creating something fresh and insightful, reinventing something that takes a product or idea forward to the next level, in some form. In reality, the term innovation is pretty old; first used […]
Hedge Funds Are Strong-Arming Connecticut Over Proposed Tax-Hikes Right Now
Hedge fund lobbyists have a blunt message for Connecticut: if you raise taxes, we’ll move. Right now Connecticut earns billions from taxes on the 200 or so hedge funds that have offices in the state. And CT Governor Dannel Malloy’s new budget […]
Fed Survey Finds More-Favorable Credit Terms For Hedge Funds
Dow Jones – Big-money investors such as hedge funds received more-favorable credit terms during the spring, a U.S. Federal Reserve survey said Monday. The quarterly Senior Credit Officer Opinion survey focuses on wholesale credit markets, and the findings of the […]
Tough time for hedge funds, figures reveal
Investment International – Hedge funds have sharply cut back on bets and are less willing to make punts on market moves after a tough June in which turbulence over Greece’s debt crisis left managers nursing further losses. Hedge funds found […]
