July 30, 2010
The SRM Global Fund, the Monaco hedge fund that has called for a judicial review of the UK government’s handling of Northern Rock, has recorded a loss of 26% in July, according to one of its investors.
Hedge fund pumped up US gas prices
HEDGE fund Amaranth and its star trader Brian Hunter built up such large positions in the US natural gas derivatives markets last year that they single-handedly sparked abnormally high gas prices for consumers across the US, a congressional report claims.
Hedge fund still courting O'Neal
Vision Capital Advisors has confirmed that it is still in discussions with ex-Merrill Lynch chairman and chief executive Stanley O’Neal about a post with the New York-based hedge fund manager—potentially his first financial sector role since his controversial departure from Merrill last year.
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