Monthly Archives: September 2009
Hedge-Fund Assets Rose by $21.4 Billion in August
Blomberg – Hedge-fund assets increased by $21.4 billion in August as managers completed their best year- to-date return in almost 10 years, driven by rising stock markets amid signs of economic recovery, Eurekahedge Pte said. Assets grew for a fourth […]
Hedge Funds Assets Rise for Fourth Month in August
Bloomberg – Hedge funds assets increased by $21.4 billion in August, rising for a fourth straight month, as managers investing in Europe outperformed, Eurekahedge Pte said. Assets grew for a fourth straight month, adding about $100 billion, the largest sustained […]
New Jersey Nets to Join Capstone Global Markets Charity Event
New York (HedgeCo.net) – The First Annual Capstone Global Markets Charity Day will support research focused on finding a cure to Batten Disease, a rare but fatal neurodegenerative disorder affecting children, October 1st, 2009. The boutique derivatives broker dealer has […]
The hills are alive… with the sound of hedge funds
Guardian – Visitors to Pfäffikon, a small Swiss town on the shores of lake Zurich, would never suspect that they were in a hedge fund hot spot. But many have followed in the wake of London-based Man Group, the world’s […]
UK ‘blocking tough finance rules’
BBC News – The UK has “particular difficulties” regulating hedge funds “to put it politely”, Mr Steinbrueck told the weekly German news magazine. “There clearly is a lobby in London that wants to defend its competitive advantage tooth and claw,” […]
U.S. and accused Bear managers battle over evidence
Forbes – U.S. prosecutors said on Tuesday that two former Bear Stearns Cos hedge fund managers facing trial on fraud charges are trying to impede the government’s access to documentary evidence. Lawyers for one of the accused, Ralph Cioffi, described […]
Touradji Rejects Amaranth Claim, Says It Acted ‘Professionally’
Bloomberg – Touradji Capital Management LP said it acted “professionally and appropriately” in all transactions with Amaranth Advisors LLC, which is suing for at least $350 million over claims that include breach of contract and misappropriation of trade secrets. “We […]
Harbinger Capital cuts stake in New York Times Co. to 16.4 pct, calls company a ‘core holding’
Hartford Courant – Harbinger Capital Partners LLC says it has sold part of its 20 percent stake in The New York Times Co., but still considers the company a core holding. The hedge fund said in a securities filing this […]
Hedge Funds Keep Watch on Washington
BusinessWeek – As legislators and officials in the Obama Administration debate and potentially draw closer to passing new rules regarding health care, carbon emissions, and financial services, hedge fund managers are awakening to the need to reexamine the assumptions they […]