Monthly Archives: January 2013
Hedge Funds Raise Brent Crude Net-Longs to Nine-Month High
(Business Week) Hedge funds and other money managers raised bullish bets on Brent crude to the highest level in nine months, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered […]
Hedge Funds Are Buying Arena Pharmaceuticals, Should You?
(Seeking Alpha) The biotechnology industry can be a difficult space to consistently pick winners. With so many companies claiming to have found the next best medical treatment, investors must look closely at the science and the underlying fundamentals of the […]
Hedge funds to see brighter opportunities in 2013
(Pension and Investments) The new year is expected to be one of changes that will provide hedge fund managers with opportunity for better performance and new inflows from fresh sources. But lower revenues might result as institutional investors successfully push […]
Crispin Odey Bets on Banks as Hedge Fund Yields 24%
(Bloomberg) Crispin Odey is fumbling around a storage room in a Georgian town house in London’s Mayfair district, home to Odey Asset Management LLP, his $7 billion hedge-fund firm. Clattering through old computers, boxes of books and forgotten oil paintings […]
Weavering Founder Appears in Court Over Hedge Funds Collapse
(Bloomberg) Weavering Capital (UK) Ltd. founding director Magnus Peterson appeared in a London court today facing six charges of fraud, forgery, fraudulent trading and false accounting over the collapse of the hedge fund in 2009. Judge Michael Snow ordered Peterson, […]
Hedge Funds Feel the Squeeze as Shorts Beat S&P 500
(Business Week) Speculators are abandoning money- losing bets that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market. The 20 stocks with […]
Ex-Citigroup Prop Trader Joel Salomon to Start Hedge Fund
Bloomberg – Joel Salomon, a former director at Citigroup Inc. (C), plans to start long-short equity hedge fund SaLaurMor Capital LP this month. Salomon, 48, left Citigroup in January 2012, where he ran a financial-stock portfolio valued at $700 million […]
2012: Total Hedge Fund Assets Grew To $1.78 trillion
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index was up 1% in December, bringing the yearly number to 5.63%. The MSCI World Index1 returned 2.28% in December and was up 13.75% for year 2012. Hedge funds started the year on a strong […]
The latest appointments within hedge funds and funds of hedge funds as well as related service industries.
Hedge Funds Review – Crispin Henderson is to become vice-chairman of global asset management for Ameriprise Financial, the parent company of Threadneedle Investments. Campbell Fleming will take over Henderson’s existing role as CEO of Threadneedle. Both Henderson and Fleming will report to Ted Truscott, CEO of […]
Hedge fund manager Cooperman optimistic toward stocks – CNBC
Reuters – Leon Cooperman, the chief executive officer of hedge fund Omega Advisors, said on Wednesday he is optimistic toward stock markets this year, while bonds are poised for a sell-off. Cooperman, whose hedge fund had $7 billion in assets […]
The Big Fiscal Cliff Deal Winners: Hedge Fund And Private Equity Moguls
Forbes – In 2010 Steve Schwarzman, who runs the private equity and hedge fund behemoth the Blackstone Group, compared efforts to raise taxes on private equity and hedge fund managers with Hitler’s invasion of Poland. Schwarzman ended up apologizing for […]
Hedge funds gain $75bn in 2012
(Investment Europe) – Data from Eurekahedge suggest that the hedge fund industry grew its total assets by $75bn through 2012, as its own benchmark Hedge Fund Index underperformed the MSCI World over the year. The data provider, which monitors some […]