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Brokers & Hedge Fund News is an EIN News Service for global investing professionals. Constantly updated news and information about global investing.
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Latest Brokers & Hedge Fund News

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  • Hedge fund veterans start new fund 2 Dec 2009 16:04 GMT
    ... that is one of the biggest US hedge fund start-ups of the year. , started trading ... a sizeable one in this environment, as hedge funds emerge from a fundraising drought triggered by ... , global head of Credit Suisse's prime brokerage unit. Prime brokerages clear hedge funds' trades ...

  • Morning Money: Whip speech 2 Dec 2009 12:02 GMT
    ... NYT's Zach Kouwe blogs on DealBook: "The hedge fund industry has expressed serious concerns over a ... was 'extremely troubled' by language that requires hedge funds with more than $10 billion in assets ... SENDS OUT SUBPOENAS TO HEDGE FUNDS AND BROKERS (INCLUDING GOLDMAN) -- WSJ's Kara Scannell and ...

  • With Subpoenas, SEC Opens New Front in War on Insider Trading 2 Dec 2009 14:37 GMT
    ... was fun, what with all the FBI agents and wiretaps? ... sent at least three dozen subpoenas to hedge funds and brokerages within the past month in an expanding ...

  • PRESS DIGEST - Wall Street Journal - Dec 2 2 Dec 2009 06:30 GMT
    ... sent at least three dozen subpoenas to hedge funds and brokerages in an expanding sweep of potential insider-trading ... Four founding partners of former Citigroup Inc hedge fund Old Lane, including its ex-chief executive Guru ...

  • Deals of the Day: To Break up BofA or Not? 2 Dec 2009 18:06 GMT
    ... Group: Four founding partners of former Citigroup hedge fund Old Lane, including its ex-chief executive Guru ... sent at least three dozen subpoenas to hedge funds and brokerages in an expanding sweep of potential insider-trading ...

  • S.E.C. Goes Fishing, Wall Street Quakes 2 Dec 2009 19:02 GMT
    ... sent at least three dozen subpoenas to hedge funds and brokerages in recent weeks, and they're casting such ... for names of all individuals at a hedge fund with authority over trading decisions, as well ...

  • SEC Steps Up Insider-Trading Probes 2 Dec 2009 05:19 GMT
    ... The Securities and Exchange Commission has sent at least ... sent at least three dozen subpoenas to hedge funds and brokerages within the past month in an expanding ...

  • Futures point to Wall Street extending gains 2 Dec 2009 09:30 GMT
    ... * Stock index futures pointed to U.S. shares mostly extending ... sent at least three dozen subpoenas to hedge funds and brokerages in an expanding sweep of potential insider-trading ...

  • GM, NBC, McDonald's 2 Dec 2009 12:22 GMT
    ... LONDON (SHARECAST) - Frederick "Fritz" Henderson's sudden exit from ... sent at least three dozen subpoenas to hedge funds and brokerages within the past month in an expanding ...

  • US Futures point to Wall Street extending gains 2 Dec 2009 12:25 GMT
    ... Stock index futures pointed to U.S. shares mostly extending ... sent at least three dozen subpoenas to hedge funds and brokerages in an expanding sweep of potential insider-trading ...

  • The Affluentialist: Preserving Capital for the HNW 2 Dec 2009 04:36 GMT
    ... uses Gordon’s Twenty-First Securities Corp. as its broker/dealer to execute options trades, Eichen’s firm had ... or even hedge-fund investments. "People invest in hedge funds for absolute returns," he observes. "Last year, ... over hedge funds. "People invest in a hedge fund for absolute return," he observes, "not to ...

  • Merlin Securities Launches 24-Hour International and Domestic Trade Coverage 2 Dec 2009 14:32 GMT
    ... (Press Release) Merlin Securities, a leading prime brokerage services and technology provider for hedge funds and managed account platforms, today announced that ... platforms. The firm provides single- and multi-primed hedge fund managers with dynamic performance attribution portfolio analytics ...

  • BlueCrest spends big on rapid-trading "arms race" 2 Dec 2009 13:56 GMT
    ... orders cross the North Sea. And secretive hedge fund firm BlueCrest is running some of the ... offer space in their data rooms, with hedge funds paying to be only a cable's length ... firms. BlueCrest trades either by using a broker's exchange membership or by using brokers' own ...

  • Gentlemen, It's Not A Club: Disclose Your Soft Dollars 2 Dec 2009 04:32 GMT
    ... place to document expenditures made to woo hedge fund managers to use the firm's services. Chicago-based ... digital trading platforms for "active traders,'' prime brokerages and hedge funds. The company got slapped with a $400,000 ...

  • Sri Lanka DFCC Bank stake sold by Galleon 2 Dec 2009 14:30 GMT
    ... of shares in DFCC by the Galleon hedge fund of billionaire Raj Rajaratnam, facing insider dealing charges ... facing insider dealing charges in the US, brokers said. To receive instant alerts from LBO ...


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