Author Archives: the HedgeCo News Team
Hedge funds contemplate safer climate in US
Times Online – A new front is opening up in the battle between London and New York to be the world’s dominant financial centre. Hedge funds, and the thorny question of where they decide to do business over the coming […]
RAB Capital Halts Redemptions on Second Fund This Year
New York (HedgeCo.Net) – One month after RAB was forced to revamp their flagship fund, the British hedge fund is halting redemptions on their Energy Fund. After losing more than 50% of its value this year, RAB has informed investors […]
Investors Flee Boone Pickens’ Hedge Fund: Report
CNBC – About half of the investors in T. Boone Pickens’ energy-oriented equity hedge fund have asked to withdraw their money on the heels of losses of about 60 percent this year, the Wall Street Journal said, citing people close […]
Hong Kong Says Hedge Funds Provided Inaccurate Data
Bloomberg – Some hedge fund managers provided inaccurate information to investors in newsletters and monthly fact sheets, Hong Kong’s Securities and Futures Commission said. In one instance, the hedge fund manager excluded the fund’s largest stock holding from its top […]
Schroedinger’s cat revisited
RGE Monitor – “I do not know which makes a man more conservative – to know nothing but the present, or nothing but the past.” – John Maynard Keynes, ‘The End of Laissez-faire’. It is sometimes useful and always amusing […]
New York Hedge Fund Managers On Biopharmaceutical Board of Directors
West Palm Beach (HedgeCo.net) – N30 Pharma, a biopharmaceutical company focused on the discovery, development, and commercialization of drugs that regulate nitric oxide bioavailability, announced that it has completed a financing and expanded its Board of Directors. Joining the company’s Board […]
BOE’s Gieve Says Markets Still `Under Acute Strain’
Bloomberg – Bank of England Deputy Governor John Gieve said investors are still facing “acute” stress as market declines force hedge funds to sell assets. “The financial system remains under acute strain,” Gieve said in a speech in London today. […]
European Stocks Recover; DAX Boosted by Volkswagen
ABC News – European stock markets opened higher Tuesday after Japan’s Nikkei index recovered from 26-year lows, with Germany’s DAX further boosted by another steep rise in the value of Volkswagen AG shares. The FTSE 100 index of leading British […]
Hedge funds taking it on chin; losses expected to fuel mergers
Globe and Mail – Hedge fund manager Ravi Sood is having a rough time navigating through the tsunami that has hit stock markets around the world. The stellar record of his Lawrence Partners Fund suffered a 48-per-cent hair cut in […]
Wall Street Survivor – Virtual Stock Portfolios
West Palm Beach (HedgeCo.net) – A new online game has been brought to my attention, it’s called Wall Street Survivor, where novice investors can contemplate their present and future investment plans without gambling with their hard earned savings. As volatility […]
Stocks point higher as global shares jump
WBT – U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market […]