Monthly Archives: August 2011
Hedge fund staff hit by Swiss franc rise
Telegraph – Hedge fund staff receive the bulk of their pay in dollars, but with the Swiss franc’s steady rise against the dollar – it has risen over 25pc in 18 months – many are seeing the real value of […]
Asian investors still ‘not embracing’ hedge funds
Opalesque – Reports are conflicting on Asia’s role in the development of the hedge fund industry as a whole. While there were studies, particularly from Singapore-based research firm GFIA claiming that Asia is now emerging as a hedge fund center, […]
Brokers redraw the relationship with hedge funds
Dow Jones – The relationship between a hedge fund and its prime broker is being squeezed on all sides. On one side, hedge funds have reduced leveraging activity, causing a squeeze on fees for their prime brokers, while at the […]
Hedge Fund Compliance: Dodd Frank Act Consulting Services Launched
New York (HedgeCo.net) – Birlasoft, the global IT services arm of the multi-billion dollar C K Birla Group, today announced its offerings in Dodd Frank Act compliance consulting space. Since the law was published in 2010, Birlasoft’s setup a domain […]
Super rich still making money in crisis
Reuters – Financial advisers to the world’s richest people report some of their top clients have continued to make money throughout recent market turmoil by harnessing sophisticated investments out of reach to mainstream punters. With equity markets plunging, most investors have […]
Hedge Funds Disclose Positions
Dealbook – John A. Paulson, the hedge fund manager at the helm of the mighty Paulson & Company, has been bleeding money this summer in his Advantage Plus fund, which was down 31 percent at last count. In no small […]
A difficult year for many hedge funds may prove a fatal one for some
The Economist – With bold promises of strong returns in good times and bad, hedge funds have seduced many an investor. But as often happens when a courtship develops into something more serious, blind love has been followed by a […]
SEC Destroys Evidence Against Banks And Hedge Funds, Whistleblower Alleges
Forbes – In a heavy dose of irony for the Securities and Exchange Commission, which launched a new whistleblower program this week, one of its own lawyers is calling foul on the agency for allegedly destroying thousands of documents related […]
This Is How a Twitter-Based Hedge Fund Beat the Stock Market
The Atlantic Wire – You might think a 140 character tweet doesn’t have much power, but, as one hedge fund proved, Twitter can help you win the stock market. “Derwent Capital, the hedge fund that is using Twitter sentiment to […]
Hedge Funds Led by MHR Bought Ensco and Schlumberger When Prices Slumped
Bloomberg – Hedge funds bought $1.6 billion of shares in two oil-services companies in the second quarter as analysts said a drilling boom in the U.S. may spread overseas, helping reverse a slump in the companies’ stock prices. Ensco Plc […]
Investors back hedge funds amid turbulence
Reuters – Investors are largely sticking with hedge funds to guide them through the summer’s highly volatile markets, data showed on Thursday, despite lacklustre performances so far this year from these freewheeling portfolios. The GlobeOp Forward Redemption Indicator — a […]
Hedge Funds Most Bearish Since 2009
Bloomberg – Bets global stocks will fall have surged at hedge funds to the highest level since July 2009 as the economic slowdown and European debt crisis spur the biggest losses in almost three years. An index of hedge fund assets […]