Jared Cohen plans to launch distressed-debt hedge fund... [more]Komfie Manalo, Opalesque Asia: Former Fortress Investment Group (FIG) managing director Jared Cohen has announced plans to launch a new distressed-debt hedge fund with the backing of his old boss, FIG co-chairman Pete Briger,
Nomura adds to prime finance team... [more]Bailey McCann, Opalesque New York: Nomura has added two new executives to its U.S. prime finance team in New York.
Ryan Donaldson has been named an executive director, responsible for hedge fund financing. He joins Nomura following 18 years at Goldman Sachs, where he held various financing
Red Kite co-founder plans new Orion metals hedge fund... [more]From Reuters.com: U.S. mining financier Oskar Lewnowski is preparing to launch a base and precious metals fund, sources say, his latest step in recreating the famed trading and investment enterprise he co-founded a decade ago, Red Kite. Two years after striking out on his own to create private equit
Hedge fund investors eager for more transparency... [more]From Valuewalk.com: Hedge Funds and their investors are aligned on most points regarding the industry’s direction with one significant exception, a recent study from the Northern Trust bank shows. That issue is transparency.
In surveying 303 major institutional investors and 118 hedge funds, t
North America - Hedge fund vultures to the rescue in Puerto Rico... [more]From Bloomberg.com: Bring ice skates on your next trip to Puerto Rico. There’s a sweet public rink in Aguadilla that claims to be the only place to skate year-round in the Caribbean. “This is a great way to spend some time,” one tourism website says, “especially if it is raining, or it is too hot, o
Asia - Hedge funds ride Chinese stocks to best month in 14 years... [more]From CNBC.com: Many Western investors see China as a slowing giant, but traders in the region have used a more optimistic take to score huge profits. Hedge funds that focus on Chinese stocks produced their biggest monthly gains in more than 14 years in April, thanks to increased access to local mark
Investing - Goldman Sachs says hedge funds are short these 13 stocks... [more]From WSJ.com: Hedge funds are betting that several health-care, energy and bell-weather names are in for a fall. That’s according to a new report on hedge-fund positioning by Goldman Sachs Group Inc, which introduced 13 new stocks to its basket of “very important short positions,” for hedge funds.
News Briefs - Kames Capital's double absolute return bond fund launch... [more]Kames Capital has launched two absolute return bond funds aimed at providing investors with positive returns whatever the market conditions. The Kames Absolute Return Bond Global Fund and the Kames Absolute Return Bond Constrained Fund are available to both institutional and retail investors. The l
…And Finally - How to deal with plagiarism... [more]From Newsoftheweird.com: The Indian Journal of Dermatology announced in April that it was withdrawing a recent scientific paper by a dentist in Kerala state, "Development of a Guideline to Approach Plagiarism in Indian Scenarios," because parts of the article had been plagiarized
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