Tag Archives: hedge funds
Women on top: Female hedge fund bosses out-perform their male counterparts
Daily Mail – Women in the hedge fund industry have given strength to the theory that the world of finance would be more efficient if females were in control. According to new figures from Hedge Fund Research, funds run by […]
Salus Alpha’s perspective on UCITS III Hedge Funds
New York (HedgeCo.net) – Salus Alpha issued a statement regarding the reinvention of the hedge fund sector since last year’s crisis. “UCITS Hedge Funds” are known as a new and innovative concept, but the strategy actually goes back to 2002 […]
Brazilian Hedge Funds Lure $19.7 Billion This Year: Week Ahead
Bloomberg – Brazilian hedge funds are luring more money than any type of investment pool in the country after record withdrawals last year, offering returns four times the yield from certificates of deposit. Local hedge funds attracted a net 33.7 […]
EU directive may cost funds 3.2 billion euros
Reuters – Hedge funds and private equity could face more than 3 billion euros in costs and investors could see fund choice shrink by up to 40 percent due to proposed new EU rules, a Financial Services Authority report said. […]
U.S. Versus Cioffi And Tannin: Opening Statements
Forbes – The government cited what it claims are smoking-gun e-mails between the two fund managers. In at least one case, the government says Tannin wrote from his private Gmail account to Cioffi’s wife’s Hotmail account, declared the subprime mortgage […]
Conseco shares soar on hedge-fund investment
Indianapolis Business Journal – Wall Street loves Conseco Inc.’s deal to get a $278 million shot in the arm from a New York hedge fund. Shares of the Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, […]
UK Hedge Fund Manager Sought
New York (HedgeCo.net) – The London Metropolitan police are considering launching an investigation into the whereabouts of Nicholas Levene, who is being accused by investors of disappearing with their money. The Guardian reports that at least £70 million ($114 million) […]
High water marks still haunt hedge funds
Reuters – Hedge funds have rallied from last year’s stunning losses, yet hundreds of managers remain deep in the hole and face some tough decisions in the coming weeks. The fund industry suffered one of its worst years ever in […]
Geithner Aides Reaped Millions Working for Banks, Hedge Funds
Bloomberg – Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms. […]
Hedge Fund Manager Gets 7 Years For Fraud
New York (HedgeCo.net) – Hedge fund manager Michael C. Regan was sentenced in a federal court in Brooklyn, N.Y. to seven years in prison for fraud. Just last June, Regan settled charges with the SEC on another of his hedge […]
Fund inflows gather pace in Sweden
CityWire – During the first three quarters of 2009 the total net inflow into investment funds amounted to SEK 70 billion (€6.8 billion) (over $10 billion). September became the tenth month in a row for net fund inflows. Equity funds have received the bulk […]
Hedge Fund Manager’s Email Scrutinised For Knowledge of Downturn
New York (HedgeCo.net) – The jury selection has begun for the trial of two former Bear Stearns hedge fund managers, Matthew Tannin and Ralph Cioffi, over the alleged hedge fund securities and wire fraud. Although the prosecution alleges that the […]
