Monthly Archives: January 2014
Sackler family makes $100M bet on low hedge fund fees
CNBC – The promise of fast-growing alternative mutual funds is a hedge fund investor’s dream: high returns and loss protection without paying exorbitantly high fees, locking up capital for a year or more, and barely understanding what the manager is buying […]
Billionaire Dan Och’s Hedge Fund Firm Is Doing Great As His Funds Trail The Market
Forbes – For billionaire Daniel Och’s hedge fund firm, Och-Ziff Capital Management, 2013 was a pretty good year. The publicly-traded hedge fund firm saw its assets under management balloon to $40.6 billion from $31.9 billion a year ago. Helped by rich performance […]
Hedge Funds Up $225 Billion In 2013, Record Year For FoHFs
New York (HedgeCo.Net) – Hedge fund managers were up 2.53% in the first half and 5.36% in the second half of the year, according to today’s Eurekahedge update. Funds of hedge funds had their best year relative to the hedge […]
A Few Brave Investors Scored Huge, Market-Beating Wins
WSJ – A trader who made more than $100 million from a $10 million bet against gold. A hedge fund that gained 42% after a bullish wager on stocks. A firm that saw returns of 48% thanks in part to […]
After $25 million loss, MBTA retirement fund must open its records, meetings
Boston Globe (Editorial) – The MBTA Retirement Fund does not hold public meetings or publish minutes, and it’s fighting a law the governor signed last summer to make its records public. This is a staggering show of arrogance, as the […]
Hedge Fund Hotspot: Malta Nearing $14 Billion
New York (HedgeCo.Net) – The financial services industry in Malta is nearing a €10 billion ($14.6 billion) milestone. It currently has €9.79 billion in net asset value spread across 620 hedge funds, 133 fiduciary licences, 28 international banks, 66 insurance operators, […]
Great year for bread and butter strategies on Wall Street
UPI – Bread-and-butter mutual funds beat the bells-and-whistles hedge fund portfolios on Wall Street this year, data show. They may be drab, but the basic, across-the-board stocks handily out-performed those complex bets that hedge funds can’t seem to get enough […]
Home arrow News arrow ETFs ETFs to overtake hedge fund AUM in 2014 – S&P Dow Jones Indices
Investment Europe – Projections from S&P Dow Jones Indices suggest that if current trends continue, then the total amount of capital invested in ETFs will overtake the total invested in hedge funds in 2014. Tim Edwards, director of Index Investment […]
Hedge fund adds parks to portfolio
Yorkshire Post – James Caird Asset Management (JCAM), the hedge fund founded by City trader and racehorse owner Tim Leslie, has acquired business parks in Leeds and Birmingham after agreeing a £43m funding facility with Royal Bank of Scotland. A […]
Cohen’s SAC Capital hedge fund gains 20% for year: Source
CNBC – Billionaire investor Steven A. Cohen’s SAC Capital Advisors returned 20.1 percent this year, delivering some of the industry’s best returns, even as his hedge fund pleaded guilty to insider trading charges and prepared to return outside capital. The […]
Once Thought Unlikely, MF Global Accord Goes Before U.S. Judge
Reuters – A year ago, the bankruptcy of MF Global, the collapsed brokerage run by former New Jersey Governor Jon Corzine, seemed like it would be a long and messy affair involving plenty of courtroom drama around the world. But that […]
MAN Seeds Japan Focused Hedge Fund
New York (HedgeCo.Net) – FRM Capital Advisors, the seeding division of FRM, Man Group plc’s fund of hedge fund division, has entered into a strategic relationship with a Japan focused hedge fund. FCA will make a significant investment in a fund launched […]