Monthly Archives: September 2012
Hedge Fund Ads: Coming Soon to a Newspaper Near You
US News – Hedge funds are one step closer to officially being permitted to advertise to the general public. The burning question, though, is whether that’s cause for celebration or trepidation. The Securities and Exchange Commission has recently put forth […]
Maturing hedge fund industry seeks ways to support growing talent pool
Hedge Funds Review – As the hedge fund industry continues to mature and more institutional money flows into it, managers need to find ways to promote and support smaller, start up funds in order to support overall growth. Enlightenment is […]
Hedge Funds Are Having Another Terrible Year
iStockAnalyst – Two reports released last week indicate that hedge funds in aggregate are performing very poorly so far in 2012, on the heels of 2011’s ‘year of horrors’ for the hedge fund industry. The latest reading from Bank of America Merrill Lynch’s […]
Why Wall Street Needs More Women Traders – A Conversation With Hedge Fund Boss Lex van Dam
Forbes – Apparently married men make better traders than single men. But do you know which group trumps them both in trading? It’s women. According to one of London’s top traders, encouraging more women into the profession would be good […]
Nagaswami Departs New York Pension To Join Bridgewater
Bloomberg – Ranji H. Nagaswami, who was appointed the city’s first chief investment officer for pensions by New York Mayor Michael Bloomberg two years ago, has left to join Bridgewater Associates LP, the world’s biggest hedge fund. Nagaswami, 48, whose last day […]
‘Bomb’ Strapped to Manager in LA Bank Robbery
Newser – Two masked men kidnapped a Bank of America manager, strapped what they said was a bomb to her, and threatened to detonate it if she didn’t rob her bank for them yesterday. She was driven to the bank […]
Duet Hires Macquarie’s Dali To Start Emerging Markets Hedge Fund
Bloomberg – Duet Asset Management Ltd. has hired a Macquarie Investment Management LLC managing director to start a hedge fund to bet on macroeconomic trends in emerging markets. David Dali has been appointed chief investment officer of the Duet Emerging […]
Scarsdale woman sues hedge-fund executive husband, alleging he hid assets from her
The Gannet Journal – The estranged wife of a hedge fund executive is suing her husband in federal court after she says he hid assets from her in the Cayman Islands and engaged in a wide-ranging fraud to destroy a financial services […]
UPDATE: SEC Charges Poker Buddies With Hedge Fund Insider Trading, Guilty Plea
New York (HedgeCo.Net) – The SEC has alleged that Hyung Lim of Los Altos, Calif., received up to $15,000 and stock tips about a pending corporate acquisition for regularly providing a fellow poker player, Danny Kuo, with nonpublic details ahead of Nvidia Corperation’s quarterly […]
Larger hedge funds more resilient post financial crisis
Opalesque – Before the 2008 global financial crisis, smaller Asia-focused hedge funds generally outperformed their much larger peers. But this trend was reversed after the crisis with the exception of funds with assets between $200m and $500m, said GFIA’s latest Asia Note […]