Monthly Archives: November 2009

Hedge Fund Lawyer Dies In Russian Prison

New York (HedgeCo.net) – Hedge fund Hermitage Capital’s legal adviser, Sergey Magnitskiy, died on Monday night in a detention centre in Moscow, the Guardian reports. The 37 year old father of two was held in Moscow’s Matrosskaya Tishina detention center […]

$200 Billion Cap On Collapse Fund – Barney Frank

New York (HedgeCo.net) – The fund which the U.S. House Financial Services Committee is setting up to dismantle large insolvent financial institutions will be limited to $200 billion, MarketWatch reported earlier today. “The cap we have is $200 billion,” House […]

Millennium’s Englander Examines Hedge Funds

NYT – Israel A. Englander is known for keeping a very low public profile, even for a billionaire hedge fund manager. But recently, the founder of Millennium Partners shared his views on the state of the hedge fund industry in […]

Lobbying Effort Backfires for Hedge Funds

The New York Times – The hedge fund industry has incurred a backlash by lobbying aggressively against proposed European Union rules and now faces possible pay curbs that were not envisaged in the original legislation. Attacks by some London-based hedge […]

Brevan Howard Hedge Fund Co-Founder To Leave Firm

New York (HedgeCo.net) – Jean-Philippe Blochet has left Europe’s biggest hedge fund firm, Brevan Howard, Bloomberg reported today.  “Following his return from sabbatical last year, Jean-Philippe Blochet has decided to cease to be an active member of Brevan Howard Asset […]

Dynamic Hedge Fund Chairman Says Fraud Allegations ‘Unfounded’

Bloomberg – Alberto Micalizzi, founder of the hedge fund firm Dynamic Decisions Capital Management Ltd., said allegations that he invested in worthless bonds are unfounded and investors will recover close to 100 percent of their money. The firm’s main hedge […]

Hedge funds to play bigger role but worries remain

Reuters – Hedge funds will soon play a bigger role in portfolios, but investors still worry about getting their money back and understanding what a manager is doing, according to a new survey released on Monday. Nearly 60 percent of […]

Funds eye poor performer wheat in hunt for laggards

Reuters – Wheat has been the poor cousin of commodities this year, losing value as star performers such as copper, lead and sugar have flown, but the humble grain is now beginning to catch the eye of all-important investment funds. […]

Survey Finds Continued Optimism Towards Hedge Funds Despite 2008 Performance

New York (HedgeCo.net) – Highlights of a second annual national survey released by Morningstar and Barron’s Magazine examining the perception and usage of alternative investments among institutions and financial advisors showed that hedge funds were the most popular alternative vehicles […]

Hinde’s Hedge Fund Advances 44% After Dumping Equities for Gold

Bloomberg – Hinde Capital Ltd.’s hedge fund gained 44 percent this year after selling its holdings in the biggest mining companies to buy gold. The Hinde Gold Fund made the switch in October 2008, having previously held equal weightings in […]

John Henry slashes 8 from Hedge Fund staff

New York (HedgeCo.net) – John Henry, perhaps best known as principal owner of the Boston Red Sox, has announced the firings of roughly one quarter of the staff at his Boca Raton, FL based investment company, John W. Henry & […]

Bond Fund Managers Beginning to Lock in Yearly Gains

New York (HedgeCo.net) – According to an article in last week’s Wall Street Journal, a sizable contingent of bond fund managers are taking advantage of this year’s robust market for debt securities by locking in yearly gains, content to wait […]