Tag Archives: combination-of-the-two
The $33m man is back – but now he’s working for free
Blayney Chronicle- Chris Cuffe cannot escape his tag as the $33 million man. But six years after the former head of Colonial First State left the funds manager with a notorious golden handshake, he is back in the business – […]
Recent Tax Rulings Affecting Hedge Funds
The Internal Revenue Service (“IRS”) has recently issued new rulings and regulations that have an impact on tax filings by many hedge funds. The new rulings deal with the deduction of investment interest expense for trading funds and fund-level expenses […]
More on Goldman’s Toronto hedge-fund office
Globe and Mail- Friday, the Ontario government put out a release announcing that the government is "thrilled’ to welcome to Toronto a new arm of Goldman Sachs Administration Services, the part of Goldman Sachs Group Inc. that helps hedge funds […]
EU Recommends a Tightening of Hedge Fund Transparency Laws
West Palm Beach (HedgeCo.net)- The EU Parliament has come up with new guidelines regarding hedge fund transparency and ‘asset stripping’. Also proposing some investigative measures and rules so that companies are not left in the dark on the investment policies of […]
Hedge funds lobbying with stealth
Politico.com- Sometimes in Washington, stealth is more important than strength. In recent years, hedge fund managers, who oversee those secretive and lightly regulated pools of billions of dollars of investment capital, have gotten increasingly worried about whether Washington will change […]
Buffett bets on the S&P 500 to beat a fund-of-hedge-funds
Los Angeles Times – The hedge fund industry can only exist because investors believe their fund managers will deliver above-average returns over time, despite the portfolios’ hefty fees. Master investor Warren Buffett, who has long derided those fees, now has […]
Massachusetts regulator charges hedge fund manager
Reuters – Massachusetts’ top securities regulator on Monday charged a hedge fund manager, who promised to earn as much as 20 percent for his clients, with improperly soliciting investors. William Galvin, the state’s secretary of the commonwealth, said Michael Regan […]
