Tag Archives: hedge-fund-managers

Hedge Funds Up In September Despite 3Q Risks

New York (HedgeCo.net) – Despite rich equity market multiples and uncertainty surrounding the upcoming 3rd quarter earnings reports, Hennessee Group said that hedge fund investors continued to pile into stocks due to an uptick in merger activity during September. The […]

Cioffi, Tannin Face U.S. Jury Over Bear Stearns Funds Collapse

Bloomberg – Former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin are either responsible for triggering a $1.4 billion hedge fund implosion or are scapegoats for a government eager to affix blame for it. Jurors selected for […]

A test case for Wall Street justice

CNN Money – Ralph Cioffi and Matthew Tannin, both former hedge fund managers at Bear Stearns, are accused of painting a rosy picture of their portfolios, even though “the defendants believed that the funds were in grave condition and at […]

Fueling Growth: Outsourcing Solutions for Hedge Funds

New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions for Hedge Funds, reports that an increase in client redemption requests […]

Fixed-income trading by U.S. hedge funds down 40%, study says

Connecticut Post – Fixed-income trading by hedge funds slid 40 percent in 2009 as the credit-market crisis forced adjustments in their trading practices, according to a study by consulting firm Greenwich Associates. Hedge funds are more likely than other types […]

Hedge Funds Reborn

Forbes – Hedge fund managers (and would-be hedge fund managers) may finally have reason to celebrate this year — new fund launches are on the rise. If they keep up at this pace, it could be the first year since […]

U.S. and accused Bear managers battle over evidence

Forbes – U.S. prosecutors said on Tuesday that two former Bear Stearns Cos hedge fund managers facing trial on fraud charges are trying to impede the government’s access to documentary evidence. Lawyers for one of the accused, Ralph Cioffi, described […]

Europe Fund Law ‘To Cost $2.8 Billion’ in Year One, Survey Says

Bloomberg – The European Union’s proposed rules for hedge funds and private equity firms may cost as much as 1.9 billion euros ($2.8 billion) in the first year and 985 million euros annually thereafter, an industry survey says. The Directive […]

Bank stocks’ rally boosts some hedge-fund managers

MarketWatch – A rally last month in bank stocks such as Bank of America Corp. boosted returns of some hedge funds, including funds run by Paulson & Co. Managers focused on financial-services stocks returned 4.29% on average in August, according […]

Regulator issues hedge fund selection guidance

CityWire.co.uk – The Italian regulator, Consob, has issued guidance to fund of hedge fund managers on the selection of target funds for their portfolios. Over the last few months hedge funds have been subject to constant redemption requests in order to […]

Credit Suisse’s AIR Shows Positive Month for Hedge Funds

West Palm Beach (HedgeCo.net) – Long/Short Equity hedge funds returned positive performance in August mainly as a result of the continued uptrend in equity markets, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. “Following […]

Transcript: Hedge Fund Roundtable, Part One

Forbes – Three hedge-fund heads discuss funds’ performance over the last year and debate potential tax code changes. Funds Lost Their Hedge? David Serchuk: OK, everybody, thank you for meeting with us today on the Forbes.com Intelligent Investing Team. It’s […]