scorecardresearch
Thursday, March 28, 2024
TopicHedge-fund

Topic: hedge-fund

How a secret software change allowed FTX to use client money

FTX's chief engineer tweaked a code to exempt Alameda Research, owned by Bankman-Fried, from a feature that would have sold off Alameda's assets if it was losing too much borrowed money.

Flashy trading stars out, faceless suits are taking over the $4 trillion hedge fund world

In contrast to the old hedge fund model that relied on a macro genius or star stockpicker, an army of traders now invest in an array of strategies.

How scams, scandals have helped Indian fund managers beat foreign rivals

Stocks with high Indian mutual-fund ownership have risen at a compound annual growth rate of 16% over the past 12 years, compared with 11% for stocks with high foreign ownership.

Hedge fund founder Sanjay Shah charged in $1.6 billion tax-fraud probe in Denmark

Shah, who has been described as the ‘mastermind’ of Cum-Ex fraud by the Danish tax authority, also faces a pair of civil lawsuits in the UK and Dubai.

Sanjay Shah, the unemployed trader who’s now worth $700 million but is wanted for ‘fraud’

Sanjay Shah and Solo Capital Partners LLP are central figures in the Danish Cum-Ex scandal that helped investors to rapidly sell shares and claim multiple refunds on dividend taxes.

Why hedge fund managers aren’t buying the rally in Indian stocks

The Sensex has rebounded 34% from its March low but the jury is still out with the IMF cutting India’s growth outlook by the most among all major economies.

Radhika Gupta, the ‘girl with a broken neck’ who became a $4 billion asset manager

Radhika Gupta, whose neck has a permanent tilt, has set up India’s first domestic hedge fund & become country’s only female head of a major asset manager.

Higher taxes are killing India’s nascent hedge funds

Hedge funds are worth saving because they can speak truth to power and put their money where the mouth is.

What slowdown? Global funds are chasing India’s start-up boom with a spree of deals

The rising interest in India occurs as investment in China’s recently start-up sector faces a steep drop-off & India assures political stability.

Two hedge funds accuse real-estate developer IREO of $1.5 billion fraud

Investors allege IREO MD created a web of shadow firms to siphon money from the fund.

On Camera

Carnatic musicians indulged TM Krishna for too long. Boycott is just a start

Krishna has slandered an entire community in the name of freedom of speech. But Brahmin musicians numerically dominate the field due to a complex mix of socio-economic factors, not casteism.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.