Yearly Archives: 2010
Clive’s Commodity Hedge Fund Said to Advance 8.3% in October
Bloomberg – Clive Capital LLP’s $4 billion commodity hedge fund returned 8.3 percent in October, according to two people with direct knowledge of the matter. That took Clive Fund Ltd.’s gain in the first 10 months of the year to almost […]
Judge sets bail for doctor in FrontPoint case
Reuters – Bail was set at $3 million on Wednesday for a French doctor facing criminal charges in an insider-trading case involving hedge fund FrontPoint. Dr Yves Benhamou can be released from custody once he posts the bail, which is […]
A Hedge Fund Republic?
The Future of Capitalism – Mr. Kristof uses the word “controlling” rather than “earning” so as not to allow his readers to consider the possibility that the leticese earners might have done something such as work to create value so that […]
Swedish bank SEB sued by hedge fund
Sweden’s third biggest banking group SEB, controlled by the powerful Wallenberg family, is being sued for 200 million euros ($272 million) by a hedge fund based in the British Virgin Islands. London-based Times Thursday wrote that that Euroption Strategic Fund […]
Fund manager lends jet so dying man can see his sons
Boston – A wealthy hedge fund manager who was the target of political attacks during his fiancée’s reelection campaign to Congress anonymously provided his private jet to fly a dying Kansas man to Maine to see his childreEAD n. Read […]
Hedge Fund Launch: FH Emerging Markets Short Term Debt Fund
New York (HedgeCo.net) – Emerging market debt adviser, FH International Asset Management LLC has launched a new hedge fund at the beginning of November, 2010. “Superior growth and solid fiscal performance in emerging market countries, as well as high demand for […]
Gottex teams up with OFI Asset Management to provide onshore managed account platform
Hedge Funds Review – Gottex Solutions Services (GSS) and OFI Lux (Ofi) are to form a joint venture to provide an onshore Luxembourg-based managed account platform that caters for regulated hedge funds including Ucits. The venture, to be known as Luma […]
Big internship pay packets for IIMs
IBN – It’s raining jobs at IIM campuses across the country – big banks are back for summer placements and hedge funds have made their debut. Students of the IIMs are a happy lot receiving summer internships that have been […]
Investors To Play Bigger Role In Hedge Fund Standards Board
Mondo Visione – The Hedge Fund Standards Board (HFSB) is significantly strengthening the role and influence of investors in its standard-setting process with the launch of an Investor Chapter. Members of the chapter, who include leading investors from Europe, Asia […]
Ucits hedge fund platforms to grow by $7bn in 2011
HFM Week – Platforms dedicated to Ucits hedge funds expect to see inflows of around $7bn by the end of 2011, HFMWeek research suggests, as a host of new umbrellas add to a wave of activity sweeping the Ucits space. […]
Tribune Lenders Seek Contempt Order Against Hedge Funds for Suit
Bloomberg – Tribune Co. lenders JPMorgan Chase & Co., Bank of America Corp. and a Citigroup Inc. unit asked a bankruptcy judge to find a group of hedge funds and investors in contempt of court for allegedly violating a mediation […]
New Whitepaper: The Relation Between Hedge Fund Size and Risk
Spring Mountain Capital, LP (SMC), an investment management firm that focuses on alternative asset investing, announced the findings of a proprietary white paper, titled “The Relation Between Hedge Fund Size and Risk,” that discusses the declining benefits of hedge fund […]