Monthly Archives: September 2011
Expert consultant convicted of insider trading
Wall Street Journal – A former expert consultant to hedge funds on Tuesday became the latest man to be convicted in a wide-ranging prosecution of insider trading on Wall Street. James Fleishman, 42, of Santa Clara, Calif., was convicted of […]
Gold bug turned bear strikes lone pose
Economic Times – After gold’s 10-year winning streak shattered all but the most bullish forecasts, it takes a brave man to call for a correction. It takes an even braver man to do so at the year’s biggest bullion conference. […]
Hedge Funds Raise Oil Wagers Most Since March
Bloomberg – Hedge funds raised bullish bets on oil by the most since March as a tropical storm curtailed production in the Gulf of Mexico. The funds and other large speculators increased wagers on rising prices by 15 percent in […]
UCITS Hedge Fund Strategy Index Awards 2011
New York (HedgeCo.net) – After having launched the first index series to track UCITS funds applying hedge fund strategies back at the beginning of 2010, Swiss 2n20.com presented the UCITS HFS Index Awards for the first time. The awards were […]
Ex-JPMorgan prime broker starts hedge fund advisory
Reuters – A former prime brokerage executive at JPMorgan Chase & Co has set up a hedge fund advisory firm in Japan, betting on growth in alternative markets as Japanese investors seek higher returns than those offered by conventional investments. Stefan Nilsson […]
Hedge Funds Get Fast Start
Traders Magazine – Direct Access, an institutional firm that offers multi-asset trading and prime brokerage, now offers clients Paladyne Systems’ FastStart, a broker-neutral platform for hedge funds covering electronic trading, order management, pre- and post-trade compliance and automated reconciliation with […]
Hedge funds outperformed global markets by 5.29% in August
New York (HedgeCo.net) – September’s edition of The Eurekahedge Report takes an in-depth look at the Latin American hedge fund sector as well as Islamic fund sector, with our regular analysis of the industry’s perfomance to date in comparison with […]
Asia hedge funds net $500 million in August, assets at 32-month high
Economic Times – Asia-focused hedge funds attracted a net inflow of about $500 million in August, increasing their total inflows for 2011 to $7 billion, as investors shrugged off volatile markets and raised bets on the region’s fast growth, new […]
Brevan Howard to Return $2 Billion to Clients of Biggest Fund
Bloomberg – Brevan Howard Asset Management LLP, the hedge fund run by Alan Howard, will return about $2 billion to investors in the firm’s biggest fund, keeping a promise to clients to limit the size of the $26.9 billion pool. […]
Investor confidence in hedge funds holds – data
Reuters – Investors are broadly keeping faith with their allocations to hedge funds, data showed on Wednesday, as global markets brace for more turbulence in a final quarter seen likely to punish those unable to offset risk or exploit opportunity. The […]
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UBS chief executive faces board over alleged rogue trader
Guardian – Oswald Grübel, head of the Swiss bank at the centre of a £1.45bn alleged rogue trading scandal, will ask directors to back him or sack him at a UBS board meeting in Singapore on Wednesday and Thursday. The 67-year-old […]