Tag Archives: hedge fund
JPMorgan’s future in hedge funds
FierceFinance – Not too long ago we were lamenting the trend by top investment banks to move into hedge funds and alternative investments in general. Buying hedge fund firms and launching them internally didn’t work out so well for Citigroup. It […]
Cayman Islands Monetary Authority Gains Full IOSCO Membership
West Palm Beach (HedgeCo.net) – The Cayman Islands Monetary Authority (CIMA) was formally admitted as the 189th member of the International Organization of Securities Commissions (IOSCO) at the meeting of the Presidents’ Committee at IOSCO’s 34th Annual Conference in Tel […]
Citadel in Rescue Talks With E-Trade, Report Says
New York Times Blogs – E*Trade Financial is in talks with Citadel Investment Group, the hedge fund that is its largest shareholder, about a deal to shore up the struggling brokerage firm’s balance sheet, The Wall Street Journal reported, citing […]
Lord Rothschild dumps his son’s hedge fund Atticus
Telegraph.co.uk – RIT Capital Partners, Lord Rothschild’s investment vehicle, had £36.5m ($58.3m) allocated to Atticus at the end of March 2008, but the company’s latest annual report shows the money has been entirely withdrawn. The trust had invested in Atticus […]
Ex Hedge Fund Trader Vs. Ex Wife, High Powered Hide and Seek
West Palm Beach (HedgeCo.net) – In a bizarre hedge fund story sent to me by a reader, an ex JP Morgan Director and ex trader for hedge funds Tudor and Brevan Howard has been traced by his ex wife’s investigators […]
Israel’s girlfriend sentenced to 3 years probation
Stamford Advocate – Debra Ryan, the girlfriend of Samuel Israel, convicted for his role in a $400 million fraud involving the collapse of Stamford-based hedge-fund firm Bayou Group LLC, was sentenced to three years probation for aiding his escape. Ryan, […]
Elle Macpherson cuts £2 million from price of her Notting Hill home
This is London – She bought the property close to the top of the market following the break-up of her relationship with hedge-fund multi-millionaire and philanthropist Arpad "Arki" Busson, the father of her two children Arpad Flynn, 11, and Aurelius […]
Guinness-backed hedge firm debuts alternatives fund
Reuters India – Hedge fund firm 47 Degrees North has launched a portfolio that will invest in funds in areas such as electricity, transportation and volatility arbitrage as it seeks fresh ways to sidestep falls in traditional markets. The firm, […]
New Yorker Glen Whitney quits hedge fund job to create math museum
New York Daily News – An enthusiastic math whiz plus hands-on exhibits multiplied by deep-pocketed investors equals a math museum. This formula may one day lead to every school kid’s nightmare – a museum dedicated to nothing but mathematics – thanks […]
Switzerland – a hedge fund haven?
World Radio Switzerland – Several major hedge funds in London say they’re considering moving abroad, notably to Switzerland. They are angered by a proposition from the European Union that would require more accountability and limit the amount of money they […]
May Was Good to Hedge Funds – But How’s The Future
CNBC – Hedge funds posted their best monthly performance in a decade in May, taking advantage of rallying stock markets and distressed opportunities across the board, according to the latest numbers from the Absolute Return Composite of hedge fund indices.The […]