Yearly Archives: 2007

Reuters- If there were hordes moaning about Britain’s washout summer last month, hedge fund manager Peter Brewer wasn’t among them. He was too busy profiting from the rain to let it sour the taste ofhis cider. Brewer, who manages the […]

Reuters) – South Korea has seen its financial sector’s future, and it’s hedge funds. Asia’s fourth-largest economy is seeking to develop homegrown hedge funds, while attracting foreign money managers that would raise its clout as an Asian financial centre. This […]

The hedge fund trade body AIMA has lured a high-level executive from the industry to take up the newly created role of deputy chief executive, in a move to head off a threatened regulatory and tax clampdown of the $1.6trillion […]

WASHINGTON (Reuters) – The Securities and Exchange Commission mishandled an investigation of suspicious hedge fund trading that led to the 2005 firing of an SEC attorney, a U.S. Senate report says. The report from the Senate Finance and Senate Judiciary […]

Reuters- Cerberus Capital Management on Monday named former Home Depot Inc. Chief Executive Robert Nardelli as chairman and chief executive of Chrysler LLC in an executive shake-up just after the private equity firm completed a deal to acquire the struggling […]

Arizona Daily Star-  If you’re baffled by Wall Street’s performance last week, consider the increasing influence hedge funds have in manipulating the market. Investors spent another anxiety-ridden week watching last-minute, triple-digit swings in the Dow Jones industrials, driven in part […]

Street.Com- Bear Stearns said Sunday that Co-President and Co-Chief Operating Officer Warren Spector has resigned following the meltdown of two of its hedge funds.   As part of a management overhaul, Alan Schwartz, who had been sharing duties with Spector, will […]

Reuters- Hedge fund investors will soon see just how bad the month of July really was when thousands of managers report performance data, and industry experts are warning disasters may loom where people least expect them. “The numbers are going […]

The biggest challenge facing Microsoft today is making sure that it has enough qualified, capable, talented people who can continue to scale with the company. But the Redmond, Wash., software maker is facing competition for those resources from an unexpected […]

Reuters- Problems in the credit markets coupled with a sharp drop in equity markets have affected many hedge fund returns. As managers in the loosely regulated $1.75 trillion industry total up July numbers, speculation mounts that more funds could be […]

International Herald Tribune- Patrick Ayash, a trader at Credit Suisse Group, rarely reads earnings estimates and just skims news about inflation. One thing he never misses: the daily weather report. Ayash, 31, is part of an army of mathematicians, hedge […]