Yearly Archives: 2010
Hedge Funds Bank On a Second-Half Jolt
NYT – Most hedge funds managed to come through the market tumult of the first half with flat to slightly lower returns, but that kind of ho-hum performance may not satisfy wealthy investors going forward, Reuters reported. For the year […]
Hedge fund boss bans office gossip
BBC – Is gossiping in the office divisive and damaging to team morale? A top hedge fund boss on Wall Street, Ray Dalio of Bridgewater Associates, has told his staff that they risk losing their jobs if they gossip in […]
London Hedge Fund Turns Profits Betting on Sports in the UK
Gambling News – A startup hedge fund based in London has turned a novel idea into a profit machine. Rather than pouring investments into traditional markets, the group has decided to use its investor’s funds to bet on sports in […]
Hennessee: Hedge Funds Down –1.35% In June
New York, (HedgeCo.net) – The Hennessee Hedge Fund Index declined –1.35% in June (+0.20% YTD), while the S&P 500 decreased –5.39% (-7.57% YTD), the Dow Jones Industrial Average declined -3.58% (-6.27%), and the NASDAQ Composite Index fell -6.55% (-7.05% YTD). […]
Hedge Fund Honcho’s Thoughts on Hedge Fund Tax
Forbes – Billionaire and founder of hedge fund, Omega Advisors, Leon Cooperman, recently gave me his thoughts on New York’s possible hedge fund tax and its likely impact on the state. “Politicians need to understand there are consequences of their […]
Confessions of a Hedge-Fund Manager
NewsWeek – As Democrats and Republicans haggle over the final shape of financial reform, there’s one villain both sides agree on: hedge funds. But are they really as bad as we’ve all heard? A new book takes the first steps […]
Man Group Eyes Mainland China For Future Hedge Fund Sales
Dow Jones -Man Group PLC Chief Executive Officer Peter Clarke Thursday said the hedge-fund giant could be selling products to mainland China investors within a few years if lobbying efforts with authorities pay off. Speaking at the company’s annual general […]
BP stake may help oil sovereign funds diversify
Reuters – A stake in BP may seem like a curious purchase for sovereign wealth funds looking to diversify oil wealth, but it holds a definite allure: gas and renewable energy expertise and exposure to emerging economies. Sources have said […]
Hedge fund blues
New York Post – The sun may be shining, but it’s gloomy in Greenwich, where normally savvy hedge fund mavens are stinging from a second straight month of losses and clueless about what to do next. Even yesterday’s superstars are […]
Former SEC Agent Walks On Hedge Fund Fraud Charges
New York (HedgeCo.net) – A former lawyer for the SEC was sentenced to two years of supervised release, Dow Jones reported. Robert L. Miller had plead guilty to conspiracy to commit wire and securities fraud late last year in connection […]
UCITS Hedge Fund Strategy Index down 0,15% in June
New York (HedgeCo.net) – After notable losses in May, the UCITS hedge fund strategy (HFS) Index was negative again in June 2010, although only by -0,15%. After the first week of trading every sub-strategy returned positive results, consequently the broad […]