Hedge fund advisers flock to SEC register
Hedge fund advisers accounted for 65 per cent of a rise in the number of investment advisers registered with the Securities and Exchange Commission in the year to April, according to a study out on Monday.
July 31, 2006
Former UBS Trader Jon Wood to Open Hedge Fund With $3 Billion
July 31 (Bloomberg) -- Jon Wood, a former UBS AG trader who helped the Zurich-based bank earn $2.4 billion over a six-year span, raised more than $3 billion for a hedge fund he plans to open in September, said two of his investors.
Get your facts straight before getting flustered
Once a month I get together for a dinner with a few different hedge fund managers who cover a variety of strategies. Some have a long bias, some a short bias. Some are long debt, and so care about overall credit risk in the economy, while others make bets on huge volatility and catastrophe. The common thread among most managers is that everyone has a strong opinion about what the future holds,
Former Loveland Mayor indicted in hedge fund scheme
A Hamilton County grand jury has indicted former Loveland Mayor Lee Skierkiewicz on 12 counts, alleging he stole $157,400 from 13 clients in a hedge fund called Prima Partners.
Hedge fund activism useful in prodding firms: study
Shareholder activism, which usually involves one or more hedge funds buying large stakes in a public company and demanding change, is having "surprising success," according to a new study by investment bank Morgan Joseph & Co. released on Monday.
