US based hedge fund managers implement new fee structures... [more]Bailey McCann, Opalesque New York: A growing number of new hedge funds offered by new U.S.-based managers have implemented management fee structures that decrease as fund assets grow, according to The Seward & Kissel New Hedge Fund Study. Several findings within the study signaled hedge fu
Former hedge fund analyst Thomas Hardin evades prison for his cooperation... [more]Komfie Manalo, Opalesque Asia: One-time mystery informant Thomas Hardin, also known as confidential informant working for the Federal Bureau of Investigation Tipper X, avoided prison terms after a U.S. court cited his "extraordinary" cooperation for his crucial role in helping authorities build c
Cheyne funds wrap up 2014 with strong Sharpe ratio; 18% return... [more]From Valuewalk.com: The Cheyne Total Return Credit Fund, after delivering a 17.5 percent net return in 2014, just can’t seem to get any attention from the hedge fund’s founder and CEO, Jonathan Lourie. Of the more than 13 hedge fund products the firm offers, it was the Cheyne Total Return Credit Fun
Managers Profile - The 25 highest-earning hedge fund managers and traders... [more]From Forbes.com: A little more than one year ago, Steve Cohen’s SAC Capital Advisors pleaded guilty to insider-trading related charges stemming from a sweeping federal investigation into the hedge fund firm. Cohen’s SAC Capital, one of the most successful hedge fund firms ever, agreed to pay $1.8 bi
Europe - Krone speculators beaten back as Denmark seen unwinding defenses... [more]From Bloomberg.com: Denmark will soon be able to start reversing extraordinary steps taken to stop investors hoarding kroner. That’s according to the country’s biggest mortgage bank, Nykredit Realkredit A/S.
Following more than five weeks of historic measures, including cutting the key deposit
…And Finally - Least competent criminals... [more]From Newsoftheweird.com: Donald Harrison, 22, wanted for assault in Ambridge, Pennsylvania, made police aware of his whereabouts when he posted a "selfie" on Facebook from a Greyhound bus with the notation, "It's Time to Leave Pa." He was picked up at a stop in nearby Youngstown, Ohio.