Hedge Fund News From HedgeCo.Net

Category Archives: Syndicated

Millennium Hedge Fund, Quant Trader Plan Venture

WSJ – For two decades, Igor Tulchinsky and his team of quantitative traders have helped fatten the returns of New York hedge fund Millennium Management LLC. Now, the roughly $28.5 billion firm and Mr. Tulchinsky are forming a joint venture […]

Elliott Advisors: The activist US hedge fund shaking up Britain

City AM – Advisors is the UK subsidiary of a much larger American group, which began life in 1977 when it was established by Paul Elliott Singer. Its British arm has a reputation for activism which is not always welcomed […]

Big Pharma Comes Under Attack From a New Hedge Fund Strategy

MotleyFool – Forget retail short-sellers and angry message board posters, Big Pharma has a much bigger concern on the horizon: hedge funds. I know what you’re probably thinking, “Haven’t various hedge funds already been betting against Big Pharma stocks from […]

Hedge Fund Billionaires Double as Platt Catches Up to Howard

Bloomberg – Seven U.K. hedge fund managers are now worth more than 1 billion pounds ($1.5 billion), up from four executives last year, an annual wealth ranking compiled by the Sunday Times showed. Alan Howard and Michael Platt, co-founders of […]

Treasury defends Lloyds against possible hedge fund attack on ‘Tell Sid’ share sale

Telegraph – The Government is planning a two-stage sale of Lloyds shares this year amid fears that short-sellers would target one of the largest retail offerings in decades at the taxpayer’s expense. Chancellor George Osborne last week unveiled plans to […]

U. California Loses Hedge Fund Chief, Looks to Recruit

CIO – The University of California’s (UC) longtime head of hedge funds Lynda Choi has submitted her resignation, CIO has learned. Choi’s departure—scheduled for July 1—will end her decade-long leadership of the now-$6 billion portfolio, putting the managing director role […]

Hedged investing isn’t hedge-fund investing

MarketWatch – When investors hear the words “hedge fund,” several possible thoughts come to mind. Among them: deceit, scam, blowup, leverage, cloak-and-dagger, excessive fees and speculative. Like any other, the hedge fund industry has had its saints and sinners. To […]

Hong Kong start-up to bet millions on hedge fund run by artificial intelligence

Start Ups – A financial tech start-up based in Hong Kong will soon launch a hedge fund in the US managed by artificial intelligence. Ben Goertzel, co-founder and chief scientist of the venture, called Aidyia, said the fund will start […]

Paulson, Highbridge Bermuda Ventures May Be at Risk From IRS

Bloomberg – Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules published Thursday, said that the favorable treatment enjoyed […]

Biotech Rallies: Composite Models Take Advantage

New York (HedgeCo.net)  – The biotech sector has been on an incredible run over the last four years and so far in 2015, the rally has continued. In the last four years, the iShares Nasdaq Biotechnology ETF (NYSE: IBB) has gone […]

Models Hold Their Own Amidst Selling

New York (HedgeCo.Net) Last week saw selling hit the overall market, especially on Friday. In fact, if not for Friday’s big selloff, the indices would have gained ground on the week. Earnings were a mixed bag for the most part, […]

The Surprising Market Response to Activist Hedge Funds

WSJ – Is hedge-fund activism good or bad? This question has dominated financial debate this year, as hedge funds besiege on average nearly one company a day seeking to shake up managements. This month’s battle over the future of Vivendi […]

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