Hedge Crunch FinancialHedge Fund History
More Than Reprimand for Raj Rajaratnam
It looks like Raj Rajaratnam’s trial is set to be “the biggest hedge fund insider trading trial in US history,” which begins today. The man has been accused of stock trading with the use of “private information” from friends rendering him millions of dollars in profit. Where Will Rajaratnam Be? It currently remains uncertain whether [...]
Hedge Fund History
For the curious among us, here is a brief history of hedge funds. A man named Alfred W. Jones is credited with creating the first hedge fund in the year 1949. He was not only a financial journalist but an author and sociologist as well. Jones’ understanding of price fluctuations of individual assets considered two [...]