Monthly Archives: August 2013
Roc Capital Said to Shutter Main Hedge Fund After Losses
Bloomberg – Roc Capital Management LP, the hedge-fund firm that counted Deutsche Bank AG (DBK) and the daughter of billionaire Lakshmi Mittal among its investors, is liquidating its main fund after losing money, according to a person with knowledge of […]
Japan regulator says Singapore-based hedge fund manipulated share prices
Reuters – A Singapore-based hedge fund manipulated prices in the Japanese equity market and should pay a 431 million yen ($4.38 million) fine, Japan’s securities regulator said, which would be biggest ever imposed against a non-Japanese firm for market manipulation. […]
Hedge Fund Billionaire Bill Ackman Crushed On Last Day Of July That Did Not Go As Planned
Forbes – Billionaire hedge fund manager William Ackman chose the morning of the last day of July to announce his biggest investment ever, a $2.2 billion bet his Pershing Square hedge fund made to take a 9.8% stake in Air […]
Hedge Fund Founder Sponsors Free Science Repository ArXiv For Five Years
New York (HedgeCo.Net) – James Simons, the founder of hedge fund Renaissance Technologies and his wife Marilyn Simons, both Ph.Ds, have decided to fund open access scientific repository arXiv through an operating grant from the Simons Foundation. The arXiv preprint server at […]
Hedge Fund Specialists to Speak at Third Annual ETF Conference
New York (HedgeCo.Net) – Hedge fund research specialist Morningstar announced the speakers and agenda for its third annual ETF Invest Conference Oct. 3-5 at the Radisson Blu Aqua Hotel in Chicago. Liz Ann Sonders, senior vice president and chief investment strategist, Charles Schwab, will deliver […]
Argentina Takes on Angry Hedge Fund
Courthouse News Services – Argentina claims in court that subpoenas from a hedge fund about the country’s massive bond default dating back to 2001 are part of an “ongoing campaign of harassment. “Argentina filed a motion to quash in Federal […]
Hedge funds bet France is more peripheral than core
Reuters – Hedge funds are going against market consensus and betting that ultra-low French government bond yields are unsustainable, believing a sluggish economy and the new government’s policies will eventually force up borrowing costs. Investors have generally given France the benefit of […]
Hedge funds begin to see trading advantage of social media data
Hedge Funds Review -Social media data is increasingly being used by hedge funds. Until now, mainly quant funds used this information but that is changing as research firms and trading desks use it to inform decisions. Hedge funds are increasingly […]
Hedge Fund Advertising is right around the corner… FINALLY!
HedgeCo Blogs – Hedge Fund capital raisers rejoice! The SEC has finally proposed rules to eliminate the prohibition against general solicitation and general advertising in certain securities offerings in accordance with the JOBS Act. The SEC release states “Under the proposed rules, […]
SEC Invites Public Comment On Hedge Fund Advertising
New York (HedgeCo.Net) – SEC commissioners voted 4-1 to invite public comment for the proposed rules for the Jumpstart Our Business Startups Act or JOBS Act. Included is Rule 506 of Regulation D and Rule 144A of the Securities Act, which will eliminate […]
Greed and Debt: The True Story of Mitt Romney and Bain Capital
Rolling Stone – The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, a lightweight, a cardboard opportunist who’ll say anything to get elected. […]
Financial Research Associates’ Form PF Boot Camp
New York, NY – (August 23, 2012) – Financial Research Associates (FRA) is proud to present the Form PF Boot Camp in New York City at the Princeton Club of NYC on Friday, September 7, 2012. By attending this one-day […]