Monthly Archives: September 2011
Hedge funds hit by Obama tax reforms
GFS News – Large corporations and hedge funds in the US face an end to lucrative tax loopholes after President Barack Obama unveiled a new $450bn(€326bn) package aimed at boosting employment. The American Jobs Act, if passed by Congress, could […]
Hedgies lose 2.3% in August, but macro and short-biased funds rise
Global Pensions – Hedge funds are now down a modest 1.2% for this year after a 2.3% loss in last month’s turbulent markets, concentrated among equities and event-driven strategies, eliminated hard-won gains up to July. August’s figure, registered by data […]
Getting Your Hedge Fund Allocation While Avoiding The Next Madoff
Seeking Alpha – A friend tipped me off to the upcoming documentary, “Chasing Madoff,” detailing the uncovering of the biggest hedge fund scheme in history. Hedge funds have always been something of a mystery among the general investing public. The […]
New Merlin White Paper: The Importance of Business Process Maturity and Automation in Running a Hedge Fund
New York (HedgeCo.net) – Over the past two years, Merlin has published several white papers that are designed to highlight and help managers imple- ment industry best practices, from shoring up their business model to identifying their target investors based […]
Federal and State Securities Law on Finders, Brokers, and Finder’s Fees
New York (HedgeCo.net) – Federal and State securities law recognizes a finder as “someone who finds, interests, introduces and brings parties together for a business transaction that the parties themselves negotiate and consummate.” Unlike a broker, a finder has no […]
Paulson’s Fund Said to Lose 34% This Year
Bloomberg – John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, has lost 34 percent this year in his largest hedge fund, according to two people familiar with the firm. Paulson’s Advantage Plus […]
From Hezbollah to Hedge Funds, U.S. Still Bewildered by Non-State Actors
The Atlantic – When will America start to learn how to deal with the dynamic players that shape so many world events? A decade after 9/11 heralded the arrival of transnational terrorism on America’s doorstep, policymakers have paid a lot […]
Apple Was Hedge Funds’ Most-Owned Stock Last Quarter, Citi Says
Bloomberg – Apple Inc. was the most-held stock among the top 50 hedge funds in the second quarter, while Wells Fargo & Co. (WFC) and Merck & Co. were the companies most-owned by the biggest equity mutual funds, according to Citigroup Inc. […]
SFO ends probe into hedge fund Weavering
Reuters – The Serious Fraud Office has ended a long-running investigation into collapsed hedge fund Weavering Capital, it told Reuters on Thursday. “We have determined that after considering the evidence, there wasn’t a reasonable prospect of conviction,” said an SFO […]
Wealthy Investors Stick to Hedge Funds Even With 3.4% Returns
Bloomberg – Almost half of Leslie Quick’s personal portfolio is dedicated to hedge funds, a position he’s increased this year even as the lightly regulated asset pools have returned less than 4 percent. “I think we’re coming into a period where […]
Big hedge funds are getting slaughtered
CNNMoney – In a global market roiled by uncertainty, there’s one bet that’s becoming increasingly likely: several big hedge funds will face steep losses before the year is through. There’s no way for retail investors to short hedge funds or […]
People Moves: Max von Bismarck Joins Hedge Fund SkyBridge Capital
New York (HedgeCo.net) – Global hedge fund firm with a total of approximately $8 billion in assets under management, SkyBridge Capital, has strengthened its worldwide operations with the addition of Max von Bismarck as a partner and CEO of the firm’s international operations. Previously director […]