Tag Archives: hedge funds
Porsche offices raided in share probe
First Post – German prosecutors are investigating executives at the sportscar firm over allegations of share-manipulation. Porsche denied any disclosure irregularities but many hedge funds and investment management firms were left wrong-footed after it made a shock announcement that it […]
SEC Halts Phony Investment Fund By San Diego Fraudster
West Palm Beach (HedgeCo.net) – The Securities and Exchange Commission yesterday recieved permission to freeze the assets of Mohit A. Khanna, who alledgedly raised as much as $70 million from 300 investors though his fund, MAK 1 Enterprises Group, LLC. […]
Tokyo FX volume falls as hedge funds leave
Reuters – Foreign exchange trading volume in Japan has fallen 16 percent this year after many hedge funds closed out investments during the global financial crisis, and Tokyo’s turnover in spot trading now lags behind Singapore. But steady turnover in […]
Ex-Bear Hedge Manager Allegedly Sought to Use Funds for Condo
Bloomberg – Former Bear Stearns Cos. hedge fund manager Ralph Cioffi, indicted for an alleged fraud that helped bring down the securities firm, attempted to use his $2 million redemption from a fund he supervised as collateral for a condominium, […]
Volkswagen Again a Focus for Hedge-Fund Short Sellers, WSJ Says
Bloomberg – Volkswagen AG has seen a doubling of short interest in its stock by hedge funds since the middle of last month, with 2 percent of the company’s shares, and almost a third of the common stock available for […]
Talk of Harbinger stake in African Minerals
Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days about picking up more stock. Harbinger […]
Hedge funds build up short bets on VW again
Reuters UK – Hedge funds have increased their bets on a fall in voting shares in Europe’s biggest carmaker Volkswagen, according to data on Tuesday, despite the heavy losses suffered by such funds last year. Hedge funds shorting VW were […]
Hedge funds soar in ’09, most still in the red
The Boston Globe – Hedge funds are having their best year since 1998, yet most fund managers still are well below their peaks before the market’s meltdown last year, industry analysts said. Hedge fund assets rose 2.5 percent in July, […]
Greed can backfire on hedge fund seeders: Man
Reuters – Early-stage investors in hedge funds should not be too greedy when negotiating with start-ups or it may hit their own investment, warns Man Investments, which this week agreed a short-term deal with an Asian start-up fund. Net outflows […]
Salus Alpha Directional Market Funds Outperform
West Palm Beach (HedgeCo.net) – Salus Alpha (SA) announced that their fund, ‘The Salus Alpha Directional Markets’ stood out from its peers in the Managed Futures space due to its unique approach. The majority of the managed futures funds, SA […]
Alternative Investments Report: Identify Demand for Hedge Funds
West Palm Beach (HedgeCo.net) – Research and Markets has announced the addition of the "High Net Worth Alternative Investments" report to their offering. The report identifies demand for hedge funds, capital protected funds, private equity funds and real estate funds […]
Asia Genesis to Close Hedge Funds; Chua Seeks to Restore Health
Bloomberg ‘ Asia Genesis Asset Management Pte, whose Japan Macro Fund has outperformed peers, is closing down its two hedge funds and returning money to investors. “I need some time to recuperate from weak health,” founder Chua Soon Hock, 50, […]
