Monthly Archives: February 2017
Hedge Fund That Made 56% in FX Backs New Trading Platform
(Bloomberg) The $5.1 trillion-a-day foreign exchange market’s newest upstart trading venue has big ambitions to bring more of the world’s currency transactions to Asia. It also has some big-name backers. Singapore-based Spark Systems will start a live trial of its […]
Trump Rally Is Overdone, Outperforming Australian Fund Manager Says
(Bloomberg) The Trump-induced rally in U.S. stocks has been overdone and better returns are on offer in Europe and Asia, according to Jacob Mitchell, the chief investment officer at Antipodes Partners Ltd. “Not many stocks in that area actually demonstrated […]
Judge Defers Ruling on Dismissal of Cooperman Insider Trading Case
(Reuters) A U.S. judge on Tuesday held off ruling on whether to throw out a government complaint against billionaire investor Leon Cooperman and his firm, Omega Advisors Inc, after the defendant’s attorneys requested a dismissal, in a case that could […]
Why I Sold My Hedge Fund To Take On The Banks
(eFinancial) After Ken Staut graduated with his MBA from Columbia University, he co-founded an event-driven long/short hedge fund. He wore many hats, working on everything from data analytics, risk management and marketing to portfolio management and trading. When Staut and […]
Non-U.S. Funds Top List Of Best Performing Hedge Funds
(Reuters) The United States has been home to the world’s biggest hedge funds, but the industry’s most consistent strong performers generally hail from other nations, according to data released on Tuesday. Mauritius-based Arcstone Capital’s Passage to India Opportunity Fund, Great […]
Why Many Smaller Hedge Funds Are Raising Assets From Wealthy Investors And Single-Family Offices
(Forbes) From the subpar performance of many hedge funds to pension funds redeeming monies, there is the perspective that the hedge fund industry is in something of a tailspin…but there are corners of the hedge fund industry that are doing […]
Private Equity Adviser Barred From Industry for Improper Withdrawal From Funds
(HedgeCo.Net) The Securities and Exchange Commission today announced that a private equity adviser has been permanently barred from the securities industry and must pay a $1.25 million penalty to settle charges that he withdrew improper fees from two private equity […]
The Demise Of The Fiduciary Rule?
(HedgeCo.Net) A new commentary by Crow & Cushing examines the process for rolling back existing regulations and what to expect in the case of the “fiduciary” rule. Crow & Cushing is a law firm in Princeton, NJ, specializing in serving […]
Can ESG Investors Do Well While Doing Good?
(Harvest) Investors can play a pivotal role in addressing global issues with solutions government organizations can’t achieve on their own. ESG investing—meaning investments guided by environmental, social and corporate governance criteria, also known as impact investing—is one avenue for those […]
Change Management For Fund Managers
(Harvest) Looking to the past as a way to gauge the likely direction of the future is a popular exercise in the first quarter of every year. It’s a natural desire for people to want to improve on their personal […]
Chief Operating Officer Jeffery Heslop to Leave SEC
(HedgeCo.Net) The Securities and Exchange Commission today announced SEC Chief Operating Officer Jeffery Heslop will leave the agency this month. Mr. Heslop joined the SEC in 2010 when he was named the SEC’s first-ever COO. In the nearly seven years […]
Ex-Millennium Manager to Launch $250 Mln-Plus Equity Hedge Fund
(Reuters) Former Millennium Capital Partners’ portfolio manager Michael Cowley plans to launch equities hedge fund Sandbar Asset Management later this year, three sources close to the matter told Reuters on Monday. Cowley could launch his equities hedge fund with up […]