Monthly Archives: November 2011
Volatility And Hedge Fund Games Are Here To Stay
Forbes – Friday’s market activity was remarkable for one thing: the S&P 500 Index had a less than 1% peak-to-valley trading range throughout the day. In contrast, for the previous 66 consecutive trading days, the U.S. equity market had intra-day […]
Hedge Fund 3 Degrees Sues Ex-Lawyer After Order to Shut Down
Bloomberg – 3 Degrees Asset Management, ordered by Singapore regulators to shut down over allegations that founder Moe Ibrahim diverted assets, sued former lawyer Ng Wee Chong, claiming breach of duties. 3 Degrees claims Ng, 37, failed in “handling all […]
Hedge Funds Lift Bullish Bets on Growth Prospects: Commodities
San Francisco Chronicle – Speculators boosted wagers on higher commodity prices by the most since August as improving prospects for growth in the U.S. and Europe sent prices toward their biggest rally in 10 months. Money managers boosted combined net-long positions across […]
Narrowed US reporting requirement for hedge funds, private equity firms adopted by 2 agencies
Washington Post – The largest U.S. hedge funds and private equity funds must report financial information to the government starting next year under a rule finalized Monday. The Commodity Futures Trading Commission approved the rule that was also passed last […]
Hedge Funds Cut Bullish ICE Brent Oil Bets By 11% Last Week
BusinessWeek – Hedge funds and other money managers cut bullish bets on Brent crude by 11 percent in the week ended Oct. 25, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options […]
Hedge Funds Bet on Collapse of WTI-Brent Spread: Energy Markets
Bloomberg) — Hedge funds increased bullish bets on West Texas Intermediate oil to the highest level since May on expectations the gap between the U.S. benchmark price and Brent, the standard for more than half the world’s crude, will continue […]
Hedge Fund Launch: UCITS Alternative Index Fund
New York (HedgeCo.net) – Palaedino Asset Management and Geneva-based hedge fund investment company Alix Capital are launching the first investable UCITS Alternative Index hedge fund. “I strongly believe that UCITS alternative funds are not hype but are here to stay,” […]
DiamondBack Only One Of Many Hedge Funds Targeted By FBI
New York (HedgeCo.net) – One of three hedge funds raided by the FBI last week, Connecticut based Diamondback Capital Management LLC, has said that the FBI is investigating one of their employees and a portfolio manager, who has peen put on […]
Researcher Refuses FBI Request to Record Fund Clients, NYT Says
Bloomberg – John Kinnucan, a technology research provider in Portland, Oregon, refused a surprise request from the Federal Bureau of Investigation to wear a wiretap to record investor-client conversations, he wrote in the New York Times. FBI agents arrived unexpectedly […]
Wiretaps are bearing extra fruit in insider case
Houston Chronicle – Secret court-approved wiretaps put in place more than two years ago are now being used by prosecutors in a widening inquiry of securities fraud and insider trading involving hedge funds and consultants that provide industry research, according […]
The Great 2010 Cashout: Dodd choosing Hollywood over hedge funds?
Washington Examiner – With an unusual number of departing senators and congressmen, K Street has a large crop of available “talent” to choose from. So two weeks ago, I posted my predictions of where the retiring or defeated senators are going. I […]
Photo gallery: Ninth European Fund of Hedge Funds Awards 2010
Hedge Funds Review – Over 300 people from the European fund of hedge funds industry attended the Ninth European Fund of Hedge Funds Awards 2010 held at the Grand Hotel, Trafalgar Square, London. Jo Caulfield, described as “one of the finest […]