11 articles found within the last year.
Displaying results 1 - 11
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Swiss regulator blames pay stuctures for wrongdoing at UBS
An investigation by the Swiss Federal Banking Commission ... The commission has told the UBS to supervise ... The commission probe, published today, has found: "In ... But the commission added that UBS was not ... Freshfields Bruckhaus Deringer, the legal firm representing Raoul...
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Investment Firm Is Probed
Stanford Financial Group, a firm run by wealthy ... Regulators from the SEC, the Financial Industry Regulatory ... The focus of the probe isn't clear. Mr. ... Representatives for Finra and the SEC declined to ... Mr. Stanford is a prominent businessman whose wealth ... In an email to Stanford employees sent Thursday,...
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Study uncovers large inconsistencies in Madoff investments
Documents showing details of Bernard Madoff's funds highlighted ... A study of the documents by New York ... The report said the "small steady consistent returns" ... Madoff bought shares in about 50 large US ... Infovest said: "It is implausible that the S&P...
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Madoff fund outlined extensive potential risks
Documents from a US fund that invested in ... Many investors have blamed US regulators for failing ... However, the offering document for a fund managed ... The Tremont fund's documents cautioned it might also ... Tremont said: "The managers are not likely to ... Tremont added: "underlying funds may not be subject...
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Hedge fund industry reacts angrily to latest shorting ban
Hedge fund practitioners have expressed anger at the ... The Dutch regulator Autoriteit Financiele Markten yesterday prohibited ... Patrick Fenal, chief executive of investor Unigestion, said ... Fenal said: "Short sellers are legitimate actors in ... "The way it was done did not seem...
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Hedge funds quick to close short positions
Investors had largely closed their short positions in ... An expected bounce in the prices of the ... Hedge funds borrow stocks from investors that hold ... The Securities & Exchange Commission, which introduced a ... The most leant UK financials stock, as measured ... However the proportion of equities among the companies...
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Hedge funds pour scorn on UK shorting ban
The hedge fund industry has reacted angrily to ... The Financial Services Authority board, under chief executive ... Callum McCarthy, chairman of the FSA, said in ... McCarthy said the FSA will make an exception ... The ban is intended to create "a calming ... The action is similar to Wednesday's move by...
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Hedge fund posts 'for sale' sign on internet
A once-discreet hedge fund has posted its own ... Shane Rodgers, managing director of Signal Hill, posted ... The firm, which said it was registered with ... Rodgers, who could not be reached for comment, ... Rodgers' advertisement noted: "Serious investment enquiries only."...
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Short biased hedge funds extend winning streak
Short-biased hedge funds had their best month since ... According to data provider Lipper TASS, hedge funds ... In comparison, last year, short-biased equities funds made ... Short sellers have continued to profit despite US ... In the UK, the Financial Services Authority now...
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US investors content with hedge fund performance
A majority of high net worth individuals in ... About 51% of respondents to a survey ... The survey was conducted by Bank of America ... Of those surveyed with alternatives investments, hedge funds ... David Bailin, president of Bank of America Alternative ... In the year to April 30, hedge funds...
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BlackRock outlines terms of revised pact with Merrill
BlackRock on Tuesday outlined details of its revised ... In a filing with the US Securities & ... The new agreement also enables Merrill to launch...
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