Monthly Archives: September 2011

Bloomberg – Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in Sino-Forest Corp. bought before the Toronto-listed timber company’s stock plunged 71 percent in two days in June. Morgan Stanley failed to settle the options […]

CBL – A hedge fund sponsored by W. H. Mell Associates has reached $45.78 million in investment. Gulfstream Opportunity Fund LP has attracted a pool of 34 investment interests since its debut in 2005. The fund gained nearly $19.5 million over […]

Hedge Funds Review – US pension fund Calpers has seeded its first hedge fund, Breton Hill Capital, a Toronto-based global macro fund. It has also launched a search for companies to manage up to $2 billion. The California Public Employees’ Retirement […]

Reuters – What had been a welcomed week out of the headlines for beleaguered Yahoo took a sharp turn late Friday, as a memo to the company’s employees from co-founders Jerry Yang and Dan Filo strongly hinted that Yahoo might […]

Reuters – About three-quarters of assets under the management of Asia-focused hedge funds are managed by fund managers based in the region, up from about 60 percent three years ago, according to a survey by industry tracker AsiaHedge released on […]

Business Week – Bruce Kovner is betting he can pull off what eluded Stanley Druckenmiller and George Soros: keeping his hedge fund firm alive after he moves on. On Sept. 13, Kovner named Chief Investment Officer Andrew Law, 45, to run […]

Bloomberg – Harvard University, the world’s richest school, said its investments rose 21 percent in the past year, outperforming benchmarks and extending the rebound from record losses in 2008. The value of the university’s endowment climbed $4.4 billion to $32 […]

New Times – Job creation is high on Gov. Dannel P. Malloy’s agenda, and the hedge fund industry in Fairfield County plays a key role in his efforts. Malloy, who knows the industry well through his 14 years as mayor of Stamford, […]

NYT – For the better part of the last two years, some of the world’s biggest hedge funds have been piling into gold, betting the precious metal would provide an effective hedge against inflation or be a safer place to […]

Bloomberg – Hedge fund Oasis Management LLC sued Morgan Stanley for C$9.5 million ($9.3 million) over options in Sino-Forest Corp.  bought before the Toronto-listed timber company’s stock plunged 71 percent in two days in June. Morgan Stanley failed to settle the options […]

Guardian – Stock markets tumbled on Thursday and the pound slumped to a one-year low against the US dollar as investors took fright at a gloomy warning about the world economic outlook from the US central bank. The US Federal […]

Dow Jones -The father of a Connecticut hedge fund manager who pleaded guilty in March to running a Ponzi scheme involving hundreds of millions of dollars is battling a court-appointed receiver for control of a nuclear power firm that wound […]