Philip Chua Business Blog

Posts Tagged ‘Hedge’

The former wife of Steven A. Cohen, the billionaire hedge fund founder, has a new lawyer in her suit against him.

Raj Rajaratnam, the founder of the Galleon Group, said his hedge fund had based its investments on research and not, as the authorities claim, on inside information.

The DXY does not mirror the United States trade position in the global economy. It is heavily weighted to Europe, undervalues the Canadian Dollar, ignores South Korea Taiwan and by necessity China. A firm cannot settle a trade flow in the DXY nor is it particularly useful as a hedge…

At the center of the investigation into a purported insider trading ring is Raj Rajaratnam, who rose from a technology analyst to become a hedge fund billionaire.

(SINGAPORE) The sharp rebound in the hedge fund space is here to stay, as managers head for their best nine-month performance in a decade, says Eurekahedge.
The latest data from Lipper also shows improved fortunes for global funds, with all hedge fund strategies except dedicated short-bias ending the month in positive territory.
The Eurekahedge Hedge Fund Index, which tracks more than 2,000 funds,… more

(SINGAPORE) Hedge funds’ assets increased by US$21 billion in August, rising for a fourth straight month, according to Eurekahedge Pte.
Net inflows into the industry totalled US$12.6 billion, while gains through performance were US$8.8 billion, bringing total assets under management to US$1.38 trillion, the Singapore-based research firm said in a report.
The Eurekahedge Hedge Fund Index, trackin… more