Hedge Funds

Drum Associates/New York, NYOur client, an international bank located in New York City, is seeking an Asset Securitization Credit Analyst / Originations – VP / AVP to join their team.

The ideal candidate will have strong credit analysis skills and knowledge of ABS (Asset Backed Securities). This individual must have experience structuring deals or experience supporting the origination of deals as a transactor.
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Original Source: jobs.seekingalpha.com

Trumbower Financial Advisors, LLC/Bethesda, MDBethesda fee-only financial planning firm seeks committed professional to join investment advisory services team. CFA or Level 3 Candidate required. Minimum 5-years relevant experience. Unlimited potential for advancement. Our worldwide client base demands technical excellence and outstanding service. Ideal candidate is detail oriented and excited by analytical challenges. Must work independently while interacting with associates and clients. Excellent written and verbal communication skills needed. Proficiency with Excel and ability to master other applications essential. Responsibilities include security/mutual fund selection and due diligence, investment strategies, performance reporting, development and presentation of investment policy statements and asset allocation recommendations. Absolutely no sales.
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Original Source: jobs.seekingalpha.com

Liberty Mutual Group/Boston, MADescription

Advance your career at Liberty Mutual - A Fortune 100 Company!

Responsibilities:

* Under direct supervision, maintain portfolio records, processing, verifying and certifying the accuracy of all principal and interest transactions for assigned legal entities.
* Portfolio Analysts must certify that all Investment transactions are processed on a daily basis.
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Original Source: jobs.seekingalpha.com

Former hedge fund manager John Mangan is free and clear after a federal judge dismissed the last charges against him.
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Original Source: www.finalternatives.com

Hedge funds had a rough July, around the world and north of the border.
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Original Source: www.finalternatives.com

Sybase, Inc./Dublin, CAFounded in 1984 and with 2007 annual revenue exceeding one billion dollars, Sybase is a global enterprise software and services company exclusively focused on managing and mobilizing information from the data center to the point of action. We are the leader in the large and growing Unwired Enterprise market, which combines software and services to enable end-to-end distribution, analysis and management of enterprise information on any platform, device or network, anytime, anywhere. Sybase solutions combined with our global access and network, allow enterprises unparalleled reach to the broadest base of users and subscribers.
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Original Source: jobs.seekingalpha.com

Huxley Associates/New York, NYNew York Hedge Fund with $17bn AUM is hiring for an Options Market Maker with a track record of 2 yrs+ to help their highly successful team to break records! My client is mainly focused on Statistical Arbitrage but is looking to put more money behind their market making function and are looking to take on an experienced Market Maker to hit the ground running. This is an ideal move for you if you have reached a ceiling in your current group and are looking to join a firm which has historically been very good at managing multiple portfolios effectively. You will have the opportunity to work in a Hedge Fund that has an excellent global presence.
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Original Source: jobs.seekingalpha.com

RAB Capital is mulling a share buyback in an effort to cut the discount on its largest hedge fund.
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Original Source: www.finalternatives.com

Hedge fund seeder SkyBridge Capital has made its first investment from its second fund.
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Original Source: www.finalternatives.com

The Securities and Exchange Commission’s temporary restrictions on naked short-sales expired just over a week ago, but something much more long-term is in the works.
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Original Source: www.finalternatives.com

Third Point founder Daniel Loeb is well-known for his poison pen. But in making his feelings about recent moves by the Securities and Exchange Commission, he is tempering his language just a bit.
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Original Source: www.finalternatives.com

Pequot Capital Management spin-off Andor Capital Management is closing its doors after losing money this year.
Firm co-founder Daniel Benton is retiring from money management “after 24 years,” he told investors in a letter.
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Original Source: www.finalternatives.com

A former assistant to private equity honcho Frederick Iseman has pleaded guilty to stealing more than $45,000 from him.
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Original Source: www.finalternatives.com

The oil-rich sovereign wealth funds have it good, if we didn’t already know that. Citigroup’s Robert Buckland reinforces the idea in his latest Global Equity Strategy note to clients, in which he claims a new carry trade - with SWFs poised to be prime beneficiaries:

Just as the equity market looked cheap to anybody who could source capital from the debt markets between 2003 and 2007,……
Original Source: ftalphaville.ft.com

In todays news there are some interesting articles globaly; Elliott Associates, a New York hedge fund firm, has bought a 9.9% stake in Epicor Software Corp. and is inquiring about possible strategic alternatives for the company.

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Original Source: www.hedgefunds-weblog.com

Trump Organization USA announced plans to launch a $1 billion hedge fund to invest in Indian real estate. Donald Trump Jr.’s interest in the Indian real estate market was sparked in 2007 when he visited the subcontinent for the Cityscape real-estate conference in Mumbai….
Original Source: hedge-fund-news.blogspot.com

Hedge fund firm Elliott Associates has taken a 9.9% stake in Epicor Software Corp. and is inquiring about possible strategic alternatives for the company.…
Original Source: hedge-fund-news.blogspot.com

Elsewhere on Thursday,

- “Bill Gross made a huge bet on Fannie and Freddie. So far, I do not think it is working.”

- “In a large majority of cases, if there are liquidity problems, it is because there are solvency problems as well.”

- “The Fed quietly called Credit Suisse last month to see if it had pulled a line of credit from Lehman Brothers in response to a rumor.”……
Original Source: ftalphaville.ft.com

The growth of investment research outsourcing (IRO) was initially driven by economics. Sell-side Banks no longer had revenue streams to support the free distribution of research and therefore looked for a cheaper way. The answer was tapping into offshore brain pools that could produce high quality White Label research at a lower cost. By some estimates, you can get 3 analysts in India for the same price of 1 analyst in New York or London….
Original Source: hedge-fund-news.blogspot.com

The latest on Thursday,

- Fortis to sell ABN Amro Teda fund share to Old Mutual - statement

- Persimmon reports H1 pretax profits at £100.9m, vs £281.1m, 5p dividend vs 18.5p - statement

- Amlin insurance underwriting reports fall in profits but ups dividend 20% - statement

- Invensys acquires……
Original Source: ftalphaville.ft.com

By Emanuel Balarie — Managing wealth during a bull market is easy.
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Original Source: www.finalternatives.com

Andor Capital Management, a US hedge fund managing about $2bn in assets, is to close down and return money to investors. Daniel Benton, co-founder of Andor, is retiring from managing outside capital after 24 years in the investment business, he told investors by letter on Wednesday. Andor was spun off from Art Samberg’s Pequot Capital Management in 2001…….
Original Source: ftalphaville.ft.com

A new study finds that locally-based hedge funds can often blow the pants off ones with no local address….
Original Source: allaboutalpha.com

SBT Financial & Associates/telecommuteSeeking financial experts, analysts, consultants, etc. to market our products/services to their clientele. Join a nationwide network of independent financial brokers. Website, training, and leads provided. www.sbtfinancial.comApply To Job…
Original Source: jobs.seekingalpha.com

Aaron Wormus writes; A recent college graduate stopped by at our HedgeCo Hedge Fund Question & Answer section to ask w…
Original Source: www.hedgefunds-weblog.com