Thursday, 2 October 2014
Last updated 18 min ago
Mar 5 2010 | 3:20pm ET
Once again, hedge funds have found themselves squarely in the sights of European regulators. The European Commission is held a pair of meetings today to determine whether new rules are required to govern the credit-default swaps market, and were particularly interested in what hedge funds were doing with CDS.
In a questionnaire sent to banks participating in this afternoon’s “technical meeting,” the EC asked what strategies hedge funds pursue in the sovereign CDS markets, The Wall Street Journal reports. The meetings come amidst a new round of European criticism of hedge funds, which have been active betting against both Greek debt and the euro in recent weeks.
The EC is also seeking information on how much information market players share with regulators and whether risk is concentrated in the hands of a small number of banks. The commission is also seeking more basic information in the fact-finding mission, including the structure of the market and how it works.
In addition to banks, the EC is also met with investors and regulators.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...