Hedge Fund News From HedgeCo.Net

Category Archives: Syndicated

Hedge Funds Win Through Stock Connect

WSJ – A clutch of Asian hedge funds that seized on a new trading link between Hong Kong and Shanghai are posting outsize returns at a time when other investors remain wary of placing big bets on Chinese companies. The […]

Here’s the top stock pick from each of 50 biggest hedge funds

The 50 largest hedge funds increased their exposure to stocks by 5.3% in the first quarter, according to FactSet. That’s a jump from 1% in the fourth quarter, according to the firm’s latest data on hedge fund ownership published Wednesday. […]

Hedge Fund Vultures to the Rescue in Puerto Rico

Bloomberg – Bring ice skates on your next trip to Puerto Rico. There’s a sweet public rink in Aguadilla that claims to be the only place to skate year-round in the Caribbean. “This is a great way to spend some […]

Hedge fund exit requests hit year’s high in May-data

Reuters – Investor requests to take out cash from hedge funds rose in May to their highest this year, data from fund administrator SS&C Technologies showed on Wednesday. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal requests expressed […]

Imation loses proxy fight; hedge fund ousts 3 board members

TwinCities – An activist hedge fund has won a hotly contested proxy fight at Imation Corp., replacing three board members — including the company’s CEO and nonexecutive chairman, the Oakdale-based company said Wednesday. The Clinton Group, a New York-based hedge […]

The $10 Hedge Fund Supercomputer That’s Sweeping Wall Street

Bloomberg – It sounds like the mother of all spreadsheets: 1 million rows, 1 million columns — 1 trillion entries in all. Fortunately, Braxton McKee isn’t using Excel. Instead, he’s tapping into the cloud to crunch all that market data […]

Barclays’ Hedge-Fund Financing Unit Feels Executive Churn

WSJ – Several executives in Barclays PLC’s hedge-fund financing unit are leaving to join other firms, the latest sign of churn in global prime-brokerage ranks as banks realign their businesses under new regulatory constraints. Mark Bailey, the global head of […]

Blackstone Said to Sell 25% of Eircom to Hedge Fund Anchorage

Bloomberg – Anchorage Capital Group LLC, a New York-based hedge fund, bought most of Blackstone Group LP’s stake in Eircom Group amid the Irish phone company’s rejection of a multibillion-dollar buyout offer. Blackstone sold a stake of about 25 percent […]

Prudential Starts Retail Hedge-Fund Wager at Quantitative Unit

Bloomberg – Prudential Financial Inc. the second-largest U.S. life insurer, is introducing a product to allow retail investors to bet with strategies favored by hedge-fund managers. The Global Tactical Allocation Fund can invest in commodities and currencies in addition to […]

Who Else Spilled Secrets at Hedge-Fund Party?

Bloomberg – On Monday evening, European Central Bank board member Benoit Coeure told a closed-door reception for hedge-fund traders, economists and fellow central bankers that the bank would probably accelerate bond-buying this month and next, ahead of an anticipated summer […]

Hedge Fund Diners Get ECB’s Market-Moving News Hours Early

Bloomberg – On Monday evening, Benoit Coeure told a room of bankers and hedge-fund managers in London that the European Central Bank will front load its asset-buying program before a summer lull. The next day, the rest of the market […]

High Fees? HedgeCoVest Has The Solution

New York (HedgeCo.Net) – One of the best things about the fee comparison tool is that it allows you to adjust the GAR to show the difference in fees at different return levels. Because of the incentive fee of 20%, […]

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