Yearly Archives: 2010
People Moves: Morgan Stanley’s Stuart Bohart Joins Hedge Fund Fortress
New York (HedgeCo.net) -Stuart Bohart has joined global hedge fund investment manager Fortress as President of Liquid Markets and Senior Managing Director–Strategy of Fortress Investment Group. Bohart will become a member of Fortress’s operating and management committees, and will have […]
US fund managers offer cheaper way to beat hedge fund biggies
Economic Times – John Hussman runs a $6.3 billion mutual fund with the flexibility to bet on rising and falling stock prices. His fees are a fraction of those charged by so-called long-short hedge funds that do the same thing, […]
Ward’s CC+ Cocoa Fund Said to Return 3% in July After 19% Advance in June
Bloomberg – Armajaro Holdings Ltd.’s CC+ fund, managed by Anthony Ward, returned more than 3 percent in July, according to three people with direct knowledge of the matter. The cocoa and coffee fund gained 3.05 percent, according to the people, […]
Paulson funds start to recover in July – source
Reuters – Hedge fund manager John Paulson said this week that he is less certain about the U.S. economic outlook, and has pared positions slightly as a result, according to an investor in Paulson & Co funds. Still, Paulson told […]
Hedge Fund Managers Win Again
Web CPA – After successfully beating back legislation in Congress to raise federal taxes on the earnings of hedge fund managers, hedge funds have also succeeded in preventing New York State from raising their taxes. The state, facing a whopping […]
Falcone’s wireless plan relies on hedge fund assets
Reuters – Money manager Philip Falcone is effectively mortgaging a significant chunk of his multibillion-dollar hedge funds’ assets in an effort to raise financing for an ambitious plan to construct a high-speed wireless network. Investment bank UBS, which is trying […]
In New York Budget, a Hedge Fund Victory
NYT – Nothing like the threat of tax arbitrage to keep your bonuses up. The New York state senate passed a budget after months of stalemate, but were careful not to raise taxes on some of the state’s highest earners. […]
Asian hedge funds enjoy capital boost during second quarter
Hedge Funds Review Magazine – Investors allocated over $360 million in new capital to Asian hedge funds in the second quarter of 2010 reversing the net asset outflow in the first quarter, according to Hedge Fund Research. Total capital invested […]
Financial reform law may not raise cost for hedge funds
Xinhua – Since U.S. President Barack Obama signed the financial regulatory reform act into law on July 21, many people in Wall Street have been asking whether the new law would raise cost for hedge funds. In a recent interview […]