Monthly Archives: September 2006
GAM Multi-Manager Group Head of Operations Malcolm Paterson is joining Signina Capital
HedgeCo.net ( New York ) After almost 9 years, Malcolm Paterson, currently Manager of Operations at GAM’s Multi Manager Group, is leaving to join Signina Capital. Signina Capital is an independent financial services provider, which specialises in Structured Asset Management. […]
Hedge funds that take from the rich and give to the poor
THE idea behind one of the most innovative and ÂÂinfluential philanthropic organisations of our time sprang from one of the more boneheaded macroeconomic calls ever made on Wall Street. Or as hedge fund ÂÂmaestro Paul Tudor Jones tells it: “The […]
Encinitas man accused in $18 million hedge fund fraud
North County Times – An Encinitas investment manager is one of four men accused by the U.S. Securities and Exchange Commission of defrauding at least 70 investors of about $18 million. The SEC said the scheme was aimed at investors […]
Goldstein beat SEC on hedge fund rule
Morris County Daily Record – That fellow who recently forced the Securities and Exchange Commission to stop trying to register hedge funds? He turns out to be smart, gabby and garrulous, and colorful. And he recently set up shop in […]
SAC’s Cohen sees risk of mass hedge fund exit
Reuters – Steven Cohen, the billionaire founder of SAC Capital Advisors, said in an interview with the Wall Street Journal that there may eventually be a sharp fall in the stock market, exacerbatedby hedge funds crowding into similar shares. In […]
Banks and Asian Central Hedge Funds
HedgeCo.Net (New York) – A number of Asian central banks, among the biggest investors in U.S. government debt, are looking at alternative targets for their vast dollar holdings. Since 1997, currency reserves at Asia’s central banks have risen to about […]
Hedge fund trading of bonds, derivatives doubles
El Di�rio La Estrella – Hedge fund trading of bonds and derivatives in the U.S. more than doubled in the past year, giving the funds so much influence that some markets can’t operate efficientlywithout them, Greenwich Associates said. Hedge funds […]
Activist hedge funds’ returns are waning as opportunities dwindle
Marketwatch – Before a surfing injury derailed his investing career, Robert Chapman ran an activist hedge fund sporting annual returns of more than 20% in a seven-year stretch that included the market’s lean years after the dot-com crash. Chapman, […]
Australia’s incoming central bank chief warns about impact of hedge funds
Forbes – Hedge funds can disrupt the efficient functioning of markets if fund operators decide simultaneously to exit or take new positions, incoming Reserve Bank of Australia governor Glenn Stevens warned in a speech delivered in Hong Kong, a copy […]
Soros, Hedge Funds Pump Cash Into Elections
NewsMax.com – Top hedge fund managers are pouring money into U.S. political campaigns ahead of November’s congressional elections as the government considers what to do about the lightly policedhedge fund industry. Campaign finance records show 20 of the most successful […]
Fund of Funds Downgrade Investment Expectations
HedgeCo.Net (New York) – According to a Reuters poll this week, funds of hedge fund managers have downgraded expectations for returns over the next six months as global growth and a commodities bull run cooled. A fund of hedge funds […]
5th Annual Hedge Fund Industry Rock for a Cure + Industry Awards, Finalists Announced
Hailed as one of the biggest events of the year, over 550 experts across the Hedge Fund industry will join together at HOME nightclub on Thursday 21 September to rock with Ian Moss of Cold Chisel fame, Typhoon, Shy Guys […]