Yearly Archives: 2010
Royal Mail: A hedge fund that delivers letters
BBC – Royal Mail is a hedge fund that delivers letters. Or at least that’s what the pension-fund expert John Ralfe argues. He has spotted that Royal Mail’s vast pension fund took a massive punt on shares via the derivatives market […]
Hedge Fund Crackdown May Snare European Real Estate Investors
Bloomberg – Europe’s commercial real estate owners, saddled with 1.9 trillion euros ($2.5 trillion) of debt, may be forced to make billions of euros in cash payments under planned laws that would treat them like hedge funds. Property fund managers could […]
Clinton Bemoans Scant Hedge-Fund Support for Initiative: Video
Bloomberg – Former President Bill Clinton talks about the role of women in business and government, financial regulation, U.S.-China relations and involvement by hedge funds in philanthropy. Clinton speaks in an interview on Bloomberg Television’s “ Political Capital With Al […]
UK FSA worried over excessive EU rules but remains committed to proportionate solution for hedge fund pay
Hedge Funds Review – The UK Financial Services Authority (FSA) has warned that the European Union’s attempts at “misguided” regulation could drive hedge funds out of Europe and wants a “proportional” solution to pay. While it “might be possible for […]
Dighton Capital Seeks Partner in Asia, Aims to Double Hedge-Fund Assets
Bloomberg – Dighton Capital Management, a Geneva-based hedge-fund firm that runs managed futures strategies, aims to double the assets of its funds to $500 million in the next two years with the help of an Asian partner. Dighton, which has […]
Carlson Capital Pays $2.6M to Settle Short Selling Charges with SEC
PIPEs Report – Carlson Capital, a hedge fund manager that’s invested at least $2.31 million in seven PIPEs since 2001, agreed to pay $2.6 million in penalties, disgorgement and pre-judgment interest to settle charges that it violated short selling rules. […]
Alpha Is About Much More Than Just Generating Returns
When people use the term “Alternative Investments”, they generally refer to hedge funds and private equity. A hedge fund is loosely defined as a pooled vehicle which purports to deliver returns which do not follow the traditional asset classes such […]
Pictet offers long/short Asian equity Ucits hedge fund
Pictet Funds, the fund distribution arm of Swiss private bank Pictet & Cie, is launching the Pictet Total Return-Mandarin Fund, a Luxembourg-domiciled Ucits III long/short Asian equity hedge fund. The fund will be managed by Lan Wang Simond, who has […]
SEC sets its sights on Vision Capital
(Reuters) – Vision Capital Advisors, a $600 million hedge fund led by two visually impaired managers, is under investigation by U.S. securities regulators, according to a confidential document reviewed by Reuters. In a wide-ranging investigation, the Securities and Exchange Commission […]
Former ACPI Officer Sues U.K. Hedge Fund for Underpaying Bonus, Bullying
Bloomberg – The former chief investment officer of ACPI Investments Ltd.’s fund-of-hedge-funds business sued the firm for underpaying his bonus and claimed he was bullied by management. Stephen Greene, who joined ACPI’s predecessor in early 2008 as a partner, said […]
Hedge fund boss bags Hollywood role in Gekko sequel
LONDON, Sept 22 – Hedge fund managers are well known for extracting huge fees from their wealthy investors. Relatively few have landed a role in a client’s Hollywood blockbuster. However, Christian Baha, head of $1.2 billon hedge fund group Superfund, […]
SEC Insider Trading Case Against Fund Manager Obus Thrown Out by Judge
Bloomberg – Hedge fund manager Nelson Obus won dismissal of case by the U.S. Securities and Exchange Commission claiming he made $1.34 million from an illegal tip about a 2001 merger. U.S. District Judge George Daniels yesterday threw out the […]
