Yearly Archives: 2010
Pirate Capital founder Tom Hudson launches Doubloon Capital LLC
HedgeTracker – Tom Hudson, well-known shareholder activist investor and founder of Pirate Capital – is gathering money to start new a new firm called Doubloon Capital LLC, which will focus on distressed and bankrupt companies. According to a Wall Street […]
JPMorgan Tops List of Biggest Hedge Fund Managers
NYT Dealbook – JPMorgan Chase is the king of the hedge fund castle, at least in terms of heft, according to a recent ranking by Pensions & Investment. The bank’s two hedge fund units JPMorgan Asset Management and Highbridge Capital […]
Portugal follows Greece down austerity path
Reuters – Portugal became the latest euro zone country to announce austerity measures to rein in a ballooning budget deficit as bond markets eased pressure on debt-stricken Greece on Monday after a French pledge of EU help. The European Commission […]
Long/Short Equity and Global Macro Hedge Funds Post Positive Returns in Feb
New York – Based on February performance for the LAB Liquid Indices, Long/Short Equity and Global Macro hedge funds posted positive February returns, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, […]
Return of the hedge fund vigilantes?
FierceFinance – Are we seeing a return to those wild days of currency trading that vexed smaller nations 10 years ago? Who can forget the public spat featuring the then prime minister of Malaysia calling currency trading (currency trading news) […]
New U.S. tax panel head targets hedge fund taxes
Reuters – Representative Sander Levin will take over the Ways and Means tax-writing panel in the U.S. House of Representatives pending the outcome of ethics probes against fellow Democrat Charles Rangel. Levin may be best known on Wall Street for […]
Singapore Plans Greenwich-Style Hedge-Fund Area at Nepal Hill
BusinessWeek – Singapore is planning to create its own hedge-fund capital modeled after Greenwich, Connecticut, in a cluster of ex-British army homes called Nepal Hill, a 15- minute cab-ride from the city-state’s main banking district. Singapore is seeking to attract […]
EU To Question CDS Hedge Fund Trades
WSJ – The European Commission wants to find out what strategies hedge funds pursue in the credit-default swaps market and what information regulators have on trading, among other things, at meetings Friday with banks, investors and regulators, a questionnaire seen […]
European Long/Short Equity Fund Launches on Merchant Capital’s UCITS Platform
New York – Merchant Capital, the leading UCITS III platform provider to the global hedge fund industry, has today announced that its first client is now fully operational. Robert Maxwell of Tressis SV (“Tressis”) will act as investment adviser to […]