Monthly Archives: August 2012
Hedge funds reduce bets after record 8-week rally
Economic Times – Hedge funds trimmed bets on a commodity rally for the first time in nine weeks as signs of US growth and speculation that central banks will do more to stimulate economies drove prices to a three month high. […]
Hedge funds profit from Facebook, oil in July
Reuters – Trading oil, the euro and shares in Facebook were among the bets to help drive gains for hedge funds in July, meaning the industry has largely shrugged off the euro zone debt crisis to make money every month so […]
Silver Hoard Near Record As Hedge-Fund Bulls Recoil: Commodities
Bloomberg – At a time when hedge funds are the least bullish on silver in almost four years, investors’ holdings are near a record, siding with the analysts predicting a rally as central banks move to bolster growth. Speculators cut […]
Hedge fund boss testifies at NY trial that trades were based on research, not inside info
Canadian Business – With his mother watching from a court bench, a San Francisco hedge fund founder testified Monday that his trades were based on legitimate research rather than inside information. Douglas Whitman, 54, denied charges that he used inside […]
Hedge Fund Veteran To Speak At TEDx “Designing Tomorrow – The Emerging Future”
New York (HedgeCo.Net) – Rachel S.L. Minard, the CEO of Minard Capital LLC will be speaking at the independently organized TED event for Marin County California, TEDxMarin. Minard has 20 years of experience in the hedge fund industry, she will […]
Hedge Fund Association Launches Shanghai Chapter
New York (HedgeCo.Net) – The Hedge Fund Association’s recently formed China Chapter is putting down roots in Shanghai, the world’s largest city by population and the most important commercial and financial center in China. “China’s hedge fund industry is developing […]
Judge keeps bail for Conn. ex-hedge fund adviser
Boston.com – A judge declined to revoke bail Friday for a former Connecticut hedge fund adviser awaiting sentencing for a major fraud scheme. Prosecutors had said Francisco Illarramendi failed to disclose a tax refund despite an asset freeze. He pleaded […]
Ryan Reich, Ex-Barclays Trader Fired For Libor Emails, ‘Has Cooperated’ With Feds’ Probe, Email Says
Reuters – A former Barclays Plc trader who was fired by the bank for sending inappropriate emails about Libor “has cooperated” with the federal criminal probe into the alleged rigging of international benchmark interest rates, according to the New York […]
Rules for investing in unregulated products
Personal Finance – This guest column is written by Ian Hamilton, the founder and chief executive of the IDS Group, a specialist administration company that administers over R60 billion in hedge funds, private equity and unit trust funds. Hamilton warned […]
Smaller hedge funds outperformed their bigger rivals: hedge fund news, week 32
Opalesque – In the week-ending 10 Aug 2012, it was reported that former Citadel credit chief Chris Boas was reported to be planning to launch a new hedge fund; commodities hedge fund Armajaro Asset is set to launch a fund […]
Hedge Funds Reduce Wagers After Longest-Ever Rally: Commodities
Reuters – Hedge funds trimmed bets on a commodity rally for the first time in nine weeks as signs of U.S. growth and speculation that central banks will do more to stimulate economies drove prices to a three-month high. Money managers […]
Hedge funds unwind European positions against equities
Gulf News – Hedge funds that base investment decisions on economic trends are unwinding bets against European stocks at the fastest pace in three years, speculating policy makers will step up the fight against the debt crisis. The degree by […]