If You Have the Stomach for Hedge Funds….
CNBC – The hedge fund industry has been battered this year, suffering heavy losses in part due to redemptions by investors as they asked for their money back amid the market turmoil. According to a...
View ArticleMadoff scandal doesn’t justify clampdown
UnionLeader.com – For sheer toe-curling embarrassment, it may be a while before Wall Street does better than the Bernard Madoff scandal. Here was a rogue who practically telegraphed his unreliability...
View ArticleMadoff set to disclose list of holdings
Munster Times – Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal. The fallen investment guru is scheduled to submit a list of his...
View ArticleHigh waves in market sink even legendary hedge funds
Tacoma News Tribune – Year after year, the hedge fund industry dazzled Wall Street by delivering “absolute returns” – outsized profits whether markets rose or fell. Using sophisticated trading models,...
View ArticleHedge Funds Challenges in a Changing World
Al-Bawaba – Never before in its short history was the hedge funds community confronted with the challenges nor the pressures it is facing today, following a six-year boom,with Madoff’s scandal coming...
View ArticleBiggest Listed Hedge Fund to Sue over Madoff Exposure
CNBC – Shares in Man Group, the world’s biggest listed hedge fund firm, slid on Wednesday after it said funds under management fell 21 percent and that it would sue over its exposure to the Madoff...
View ArticleBattered hedge funds face difficult 2009
Daily Herald – Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" – outsized profits whether markets rose or fell. Using sophisticated trading models, the...
View ArticleHedge funds fold
The Washington Times – Year after year, the hedge fund industry dazzled Wall Street by delivering "absolute returns" – outsized profits whether markets rose or fell. Using sophisticated trading models,...
View ArticleSW1 Capital eyes control of hedge fund platform
Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’...
View ArticleAssets For Hedge-Fund Launches Fell In ’08
Absolute Return – Assets for new hedge-fund launches fell "significantly" in the U.S. last year as hedge funds had their worst-ever year of performance, according to hedge-fund magazine Absolute...
View ArticleHedge Fund Honchos Burned in Scam Start Fire Sale
New York Post – The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a slew of lawsuits, sources told The...
View ArticleMadoff scandal boon for mutual funds, DWS exec says
Reuters – The Madoff scandal could be a boon for mutual funds as investors shift into regulated asset management vehicles in Luxembourg or Ireland away from hedge funds in the Caymans, a German mutual...
View ArticleCertain hedge funds ‘benefitting from Madoff’
DST International – One group of hedge funds has had its performance boosted in comparison to its peers as a result of the Bernard Madoff scandal, according to a number of industry insiders. Due to the...
View ArticleHigh-flying fundraisers who saw nothing wrong
Guardian Unlimited – Andres Piedrahita, a London-based fundraiser for Bernie Madoff’s fraudulent empire, is among high society figures facing increasing pressure to explain how they missed warning...
View ArticleHedge fund industry still feeling Madoff effect
Reuters - Bernard Madoff is behind bars, but the effects of his fraud are still reverberating in the hedge fund industry, with more redemptions expected and investor confidence decimated. Traumatized...
View ArticleBay State firm is sued in Madoff scandal
Boston Globe – Investors of disgraced financier Bernard Madoff have filed 18 lawsuits against Massachusetts Mutual Life Insurance Co. in an effort to recoup $3.3 billion that its hedge fund group lost...
View ArticleManaged accounts to cost smaller hedgie clients
Reuters – A switch by some big investors chastened by the Madoff scandal and the credit crisis into managed accounts at hedge fund firms could end up penalising smaller clients in mainstream funds....
View ArticleIs Biden Associated with a Hedge Fund Scandal?
Seeking Alpha – Zero Hedge is always happy to discover something rotten in the state of capital markets. We are even happier when others dig independently and come up with their own startling...
View ArticleVP Biden Hedge Fund Scandal: Why There’s Nothing Anyone Can Do To Prevent It
BNET – A hedge fund Ponzi scheme scandal is breaking in the blogosphere – and it goes right to the top of political power. A little while ago, blogger John Hempton, who writes Bronte Capital, a...
View ArticleCalifornia Investment Agent Pleads Guilty in NY Probe
American Chronicle – A Los Angeles businessman has pleaded guilty to corruption charges in a pension fund scandal that began in New York and is heading west. Julio Ramirez Jr.’s guilty plea to...
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