Posts tagged as:

hedge funds

An Element of Hypocrisy

October 1, 2013

SAC Capital Advisers, LLC has been embroiled in legal battles with the SEC for more than a decade, most revolving around the issue of insider trading. When the practice of insider trading among members of the Senate and Congress (including their staffers) received heavy media scrutiny in November, 2011; the Stop Trading on Congressional Knowledge [...]

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There Is No Market for Good News

August 23, 2013

Headlines are designed to attract the interest of readers. In the past, when print media was king, headlines sold newspapers (and of course they still do). Now, in a news world dominated increasingly by the Internet, headlines are still the best means of encouraging that all important “click.” Clicks are the modern equivalent of daily [...]

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Investors React to SAC’s Battle with Regulators

June 7, 2013

Just days after SAC Capital Advisers announced a claw-back policy designed to monetarily punish those in the firm found complicit in insider trading, Cohen announced to clients he would no longer offer unconditional cooperation with government investigators. Some have speculated that Mr. Cohen instituted his claw-back policy expecting the government to ease its relentless insider trading investigation. Others, [...]

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Is SAC Capital’s Claw-Back Policy Just a PR Move?

May 17, 2013

The term hedged fund was coined by Alfred Winslow Jones in 1949 and gained traction in the financial community largely because Jones was a financial journalist. Although Jones founded a private investment company, he was hardly the father of the hedge fund industry. It is more accurate to say he named the baby. Private investment [...]

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Are Hedge Funds Becoming Irrelevant

April 6, 2013

As the quinquennial of the financial crisis approaches, the intrinsic value of the hedge fund industry is being questioned by growing numbers of institutional investors. After nearly a decade of underperformance as compared to major equity indices, this should come as no shock. The real question is how this shifting paradigm threatens the hedge fund [...]

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