Monthly Archives: January 2013
One Hedge Fund Ace’s Essential Investor Reading List
Forbes – When Steve Kuhn talks people should listen, especially that one time in late 2011 when he said the best trade of 2012 was going to be going long subprime mortgages. Kuhn certainly did, and the head of fixed-income trading […]
Buffett pulls ahead in wager against hedge funds
CNN Money – It’s halfway time in the 10-year stock market wager sometimes called The Million-Dollar Bet—that’s Warren Buffett backing the performance of an S&P index fund vs. a New York money manager backing five funds of hedge funds—and there’s […]
Apple’s Stock Drop Might Bite Hedge Funds Badly
Forbes – Last year the billionaire hedge fund manager David Einhorn predicted that Apple’s market capitalization could hit $1 trillion. He long ago made Apple one of his hedge fund’s biggest holdings and in a letter dated just two days […]
Hedge Funds Are Buying These 8 Rallying Technology Stocks
Seeking Alpha – Do you like to follow smart money buying trends? If so, you may be interested in a screen we ran for a look at stocks currently favored by smart money institutional investors. We began by screening the […]
Hedge fund managers forecast stock market gains at conference
CNBC Business News – BOCA RATON, Florida Jan 22 (Reuters) – After years of favoring fixed income, investors are ready to put their money back into equities and they might be rewarded with strong returns, especially in U.S. stocks, hedge […]
New Jersey hedge fund manager Tepper says U.S. on ‘verge of greatness’
Bloomberg News – David Tepper, the hedge-fund manager who runs the $15 billion Appaloosa Management LP, said he’s bullish on U.S. stocks as the economy is set to grow by as much as 3 percent this year. “This country is […]
News Ex-Citadel managing director’s structured credit hedge fund secures seed deal
Hedge Funds Review – Grosvenor Capital Management has committed $85 million in seed capital for a structured credit hedge fund started by a group of former Citadel executives. Continuum Investment Management expects to launch its maiden hedge fund on February […]
Galena Energy Hedge Fund Chief Lixi Said to Leave Company
Bloomberg – Claude Lixi, the head of Galena Asset Management Ltd.’s energy hedge fund, left the London-based company, according to two people with direct knowledge of the departure. The people didn’t say whether he resigned or was fired, and asked […]
New hedge fund bucks trend with fees cut
Financial Times – One of the UK’s fastest-growing hedge funds is slashing its fees, in a move that it hopes will spark a rethink of the industry’s notoriously high charges. The new Core Macro fund being set up by Cambridge-based […]
Hedge Fund Launch: Herakles Trend Fund I
New York (HedgeCo.Net) – Herakles Capital Management, LLC., on January 4th, 2013 launched the Herakles Trend Fund I LP. “The principal objective of Herakles Trend Fund I is to invest and generate attractive, risk adjusted returns for its investors by […]
Hedge Fund People: BTIG Opens Atlanta Office
New York (HedgeCo.Net) – Global hedge fund and institutional trading firm BTIG LLC, has opened a new office in Atlanta dedicated to the Southeast region. This is the latest of BTIG’s moves to strengthen its local presence in key regional […]
Alix Capital announces winners of inaugural UCITS Alternative Index (UAI) Awards
Europe – Alix Capital, the Geneva-based provider of the UCITS Alternatives Index family of indices, has announced the winners of its inaugural UCITS Alternative Index (UAI) Awards. The awards, which will be held annually, honor the UCITS hedge funds that […]