SciComp - Futures Volatility Surface Calibrator

PBS' Frontline Documentary: "To Catch a Trader"


Frontline correspondent Martin Smith goes inside the government’s ongoing, seven-year crackdown on insider trading, drawing on exclusively obtained video of hedge fund titan Steven A. Cohen, incriminating FBI wiretaps of other traders, and interviews with both Wall Street and Justice Department insiders.

Disgraced Ex-MF Global CEO Jon Corzine Wants to Start A Hedge Fund

Supercapitalist (movie trailer)

Wall Street Journal: Investors Pull Cash From Hedge Funds

Hedge-fund investors yanked more money from the industry than they added during the final months of 2011, data released Thursday showed.

The $2 trillion hedge-fund industry saw net investor withdrawals of about $127 million in the fourth quarter, according to data by Hedge Fund Research Inc. It was the first time investors had collectively pulled out more money than they put in since the second quarter of 2009, when the markets were still digging out of the worst of the financial crisis.

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Bloomberg: How Former Treasury Secretary Paulson Gave Hedge Funds Advance Word

On the morning of July 21, 2008 before a Eton Park hedge fund meeting, Paulson had spoken to New York Times reporters and editors, according to his Treasury Department schedule. A Times article the next day said the Federal Reserve and the Office of the Comptroller of the Currency were inspecting Fannie and Freddie’s books and cited Paulson as saying he expected their examination would give a signal of confidence to the markets.

At the Eton Park meeting, he sent a different message, according to a fund manager who attended. Over sandwiches and pasta salad, he delivered that information to a group of men capable of profiting from any disclosure.

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Bloomberg: "Black Swan" Hedge Funds Said to Soar Amid Europe Crisis

Hedge funds created to protect investors against market shocks in the wake of the biggest recession in seven decades are soaring as Europe’s intensifying debt crisis infects markets globally.

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Wall Street Journal: Hedge Funds Mount Counterattack Against Swiss National Bank Due to CHF Ceiling

Hedge funds are considering ways to mount a counterattack against the Swiss National Bank, whose attempt to wrest control of the surging franc caught investors off-guard.

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Reuters: Model-Driven Hedge Funds Among Losers in Swiss National Bank Shock

Hedge funds, betting on global markets and driven by computer models, were among those hardest hit by Switzerland's shock intervention on Tuesday to reverse profitable bets on the Swiss franc's "safe-haven" status.

The Swiss National Bank surprised investors with an exchange rate cap, saying it would no longer tolerate a rate below 1.20 francs per euro and would defend the target by buying other currencies in unlimited quantities.

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Bloomberg: Asian Hedge Funds Outperform Global Peers in August

Asian hedge funds beat global peers in August as Europe’s deepening sovereign debt crisis and Standard & Poor’s cut to the U.S. credit rating sparked the worst month for the industry in almost three years.

About 80 Asia-focused hedge funds reported an average 2 percent decline and median loss of 1.5 percent last month, according to data from Credit Suisse Group AG’s prime brokerage unit. Hedge funds worldwide lost on average 3.5 percent, the worst month since October 2008, according to Hedge Fund Research Inc.’s HFRX Global Hedge Fund Index.

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CNBC: Hedge Fund Replication ETF Outperforms Real Thing?

A hedge fund replication exchange-traded fund, designed to mimic the performance and exposure of the hedge fund industry, was one of the more resilient investments in August, outperforming broader markets-including hedge funds.

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