Fear of Wolf Predation Is Not Slowing Over-Browsing by Elk
Ex-Hedge Fund Manager Settles Insider-Trading Charges
A former hedge fund manager and his college-buddy-cum-insider-source have settled Securities and Exchange Commission insider-trading charges.
EU Plans Bloc-Wide Short-Selling Policy
The European Union is poised to harmonize its short-selling policies by empowering a newly-created bloc-wide regulator to temporarily ban “abusive” and naked short-selling.
Commercial Organic Farms Produce Superior Soil and Fruit, Study Says
Credit Suisse: Hedge Funds Down More Than 1% In August
Hedge funds were burned by plummeting equities markets in August, according to one industry benchmark.
Greenlight, Och-Ziff Up In August
A pair of major New York hedge funds bucked swooning markets and the marginal losses suffered by its average peers with positive performance last month.
Greenlight Capital and Och-Ziff Capital Management both padded their year-to-date returns in August, although the former did so much more than the latter. Greenlight rose 4.1% net of fees.
BNY Mellon Adds Canadian Hedge Fund Advisory
Bank of New York Mellon has made its first foray into the Canadian advisory space with the acquisition of hedge fund and wealth adviser I(3) Advisors.
Perelman, Tepper Only Alts. Chiefs On ‘Vanity Fair’ List
The financial crisis has taken its toll on Vanity Fair’s annual “New Establishment” rankings. And the list of the 100 most influential people is especially light on alternative investment honchos.
UMB Fund Services Boosts Clients, Staff
Hedge fund administrator JD Clark & Co. and its parent, UMB Fund Services, have a lot to crow about. The firm said it enjoyed a “surge” in new clients in the first half, and has added more than 50 new employees to help serve them.
Collard Capital Launches Liquid Discretionary Macro Fund
Collard Capital Management yesterday launched a discretionary macro fund designed to offer investors a highly-liquid approach to the strategy.
Ex-Curium, Duquense Commodities Specialist Joins JPMorgan
Hedge fund veteran Colin Fenton has joined JPMorgan Chase to head its global commodities strategy.
A Steady, Steep Decline for The Lowly, Uncharismatic Eel
China Set For First Official Hedge Fund
Chinese regulators in July eased restrictions on asset managers’ trading of index futures, giving the green light to launch separately-managed account products aimed at high-net-worth investors. The first firm to walk through that new door will be E Fund Management, which plans to launch China’s first officially-registered hedge fund.
Veteran Japan Traders Launch Hedge Fund
Two former Mizuho Securities proprietary traders and Japan hedge fund veterans have launched a hedge fund of their own.
GLG’s Roman Named Man COO As Shareholders OK Merger
On the day its acquisition of GLG Partners was approved by shareholders, the Man Group named GLG’s Emmanuel Roman as chief operating officer.
Deforestation in Brazilian Amazon Dropped 48 Percent in Last Year, Agency Says
Quants, Macro Hedge Funds Flourish In August
August was a boon for at least some hedge funds, even as the broader market swooned in the late-summer heat.
Private Equity Firms May Have Taste For Burger King
It may be the King (it’s the second-largest U.S. hamburger chain, actually), but Burger King has been doing some homage in recent weeks.
JPMorgan To Close Its Prop. Desks
JPMorgan Chase will shutter its proprietary-trading desk and has notified those desks’ employees that their jobs are being cut.