Thu, Oct 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund managers feel “pressured to violate law”: hedge fund news, Week 14

Saturday, April 06, 2013

One in three hedge fund employees admitted to having “personally observed” rule-breaking at work, a survey conducted by U.S. law firm Labaton Sucharow revealed, raising serious concerns about fraud in the industry, said The Telegraph, and 35% reported “feeling pressured by their compensation or bonus plan to violate the law or engage in unethical conduct”.

In the week ending 5 April 2013, Natixis Global A.M. launched the Aurora Horizons Fund, a multi-strategy mutual fund dynamically allocated across multiple hedge fund managers; Agcapita Partners launched the Agcapita Farmland Fund IV; Lyxor A.M. and alternative asset manager Canyon partnered to launch a UCITS-compliant credit strategy fund; Sprott A.M. started its first global macro multimanager fund; Maverick Capital's Michael Pausic said he would be starting his own hedge fund; Deer Park Road, a distressed real estate and asset-backed fixed-income manager, said it would launch its latest fund, the Burgess Creek Fund in June; and Snehal Amin, the number two at Theleme Partners has reportedly left to set up his own investment firm.

Henri Capital Partners, a London-based hedge fund firm founded by two former Winton Capital analysts, closed down as it failed to raise money.

The Opalesque A SQUARE Index declined 0.52% in February (+0.48% YTD); The Credit Suisse LAB Index was up 1.22% in March (+2.17% YTD); The HFRX Global Hedge Fund Index returned 0.72% (+3.13% YTD): The HFRU Hedge Fund Composite Index posted a gain ......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. Launches - Goldman Sachs Asset Management launches GS Long Short Fund, Western & Southern launching international hedge fund, Lansdowne Partners plans energy hedge fund, RBC Global Asset Management launches new RBC Funds (Lux) - Asia Ex-Japan Fund, PVE Capital latest credit strategy to launch on the Sciens managed account platform[more]

    Goldman Sachs Asset Management launches GS Long Short Fund From Marketwatch.com: Goldman Sachs Asset Management has announced the launch of the Goldman Sachs Long Short Fund, which pursues high conviction investment ideas in global equity markets through a fundamental, bottom-up approach

  3. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  4. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  5. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba