Yearly Archives: 2010
Hedge Fund Radio: N@ked Short Club 4pm EST
New York (Announcement) – You are cordially invited to listen to the Monday, September 13 edition of the N@ked Short Club: 9-10pm/ 21.00-22.00 hrs., London time (4pm EST) , on not-for-profit RESONANCE FM [104.4FM within London / online worldwide via […]
Wealthy urged to follow Lord Sainsbury’s philanthropic lead
Guardian – The culture secretary called for Britain’s rich to dig deeper to fund cultural institutions on Sunday after the Tory peer Lord Sainsbury made a £25m donation to the British Museum for a new wing, outstripping the government’s contribution. […]
Hedge-Fund Industry Gained Average of 0.4% in August, Research Firm Says
Bloomberg – Hedge funds rose an average 0.4 percent last month, led by managers who bet on economic trends, Hedge Fund Research Inc. said. The industry gained 1.7 percent this year through August, the Chicago-based researcher said today in an e-mailed statement. […]
An Energy Player to Reckon With
NYT – Eike Batista may soon be adding billions to his bank balance. Shares of the energy group OGX, the flagship vehicle of Mr. Batista, Brazil’s richest man, value its seven billion-odd barrels of shallow water oil reserves at about […]
Costs could deter hedge funds from learning Lehman lessons
IFCA – A reluctance to pay for the security provided by custodians or multiple prime brokers could mean smaller and medium-sized hedge funds are being left behind in the sector’s push to mitigate counterparty risk, according to industry experts. More […]
Hooter shooter
New York Post – Hedge fund bigwig Phil Falcone is bucking the odds in his bet to be the new owner of Hooters Casino Hotel, the Las Vegas venture launched in 2006 by founders of the popular restaurant chain. Falcone, […]
SEC Examines Funds of Hedge Funds
WSJ – The Securities and Exchange Commission is examining whether firms that collect fees for funneling investors into hedge funds are properly overseeing client money and dealing with potential conflicts of interest, people familiar with the matter said. The inquiry has […]
Switzerland retains crown as world’s most competitive nation
Dow Jones – An annual survey from the World Economic Forum reveals Switzerland is the most competitive nation in the world, seeing it hold on to its crown after knocking the US from top spot in 2009. The annual competitiveness […]
SEC Busts Hedge Fund Manager
Courthouse News Services – The SEC charged Colorado investment adviser with defrauding his elderly clients by pushing his own companies’ risky, ill-funded hedge funds, and taking millions of dollars in fees along the way. Neal Greenberg, 54, of Boulder, pushed […]
Colorado sues Boulder fund manager
Denver Post – Colorado authorities have sued a Boulder private-fund manager, claiming he misled investors who had placed $25 million under his management and spent their money on himself. A Denver judge on Wednesday froze the assets of Mark Hamilton […]