Monthly Archives: February 2016
HedgeCoVest Short-Only Models Thrive in January
New York (HedgeCo.net) – While the overall market fell sharply in January, the short-only models at our affiliate HedgeCoVest turned in some strong performances. While seeing short-only models thrive during a bearish move in the market is what you would […]
A Lone Hedge Fund Seeks Allies In $5.1 Billion Peru Bond Dispute
(Bloomberg) Allegations that Peru is misleading international investors about its debt record aren’t resonating with the bond market. The South American nation’s notes are outperforming rival emerging-market debt since a lawyer hired by Gramercy Funds Management LLC accused Peru of […]
Adhering To Disclosed Fee And Valuation Methodologies Is Crucial For Hedge Fund Managers To Avert Enforcement Action
(Hedge Fund Law Report) The SEC continues to focus on the fee and valuation practices of investment advisers. See “Current and Former SEC, DOJ and NY State Attorney General Practitioners Discuss Regulatory and Enforcement Priorities” (Jan. 14, 2016). Although disclosure […]
Hedge Fund Founder Wins Early Release In U.S. Insider Trading Case
(Reuters) Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2012 conviction should be upheld. The 2nd U.S. Circuit Court […]
Hedge fund managers have been in a ‘race to the bottom’
(Business Insider) The balance of power between investors and hedge fund managers has tilted in favor of the investors since the financial crisis.Hedge fund performance has been mixed, which means those who invest in hedge funds have had the upper […]
Hedge Funds Grow In 2015 Despite Concerns Over Performance
(Valuewalk.com) Preqin’s 2016 Global Hedge Fund Report finds that 2015 was another challenging year for the industry, during which the Preqin All-Strategies Hedge Fund benchmark recorded gains of 2.02%, compared with 4.65% in 2014. Despite this, total industry AUM increased […]
From Clinton To Cruz, Hedge Fund Managers Are Big Political Donors In This Election Cycle
(Forbes) Earlier this year, Hillary Clinton went to Monticello, Iowa, and slammed the way hedge fund managers are taxed, saying “there’s something wrong when hedge fund managers pay lower tax rates than nurses or the truckers that I saw on […]
Hedge-Fund Investors Fearing Turmoil Turn to Algorithms: Chart
(Bloomberg) Hedge funds using mathematical models to bet across asset classes raised a net $29 billion last year, reversing a $16 billion outflow in 2014, according to data from Eurekahedge. Investors turned to algorithms as they sought to benefit from […]
BUZZ-Black box hedge funds among the few winners in a difficult January
(Reuters) Computer-driven funds continue to outshine their human peers, with the vast majority of the hedge fund industry losing money in January, according to performance data seen by Reuters. Every major systematic hedge fund in positive territory YTD, with an […]
AIMA: Hedge funds Outperform Equities in 2015
(Investor Daily) According to performance data released by Alternative Investment Management Association (AIMA), hedge fund outperformed equities and bonds throughout 2015 on both an “absolute and risk-adjusted basis”. Globally, hedge funds finished 2015 up 2.42 per cent net of fees, […]
This Case Sheds Light on Goldman’s Role as Lender in Short Sales
(New York Times) It would be easy to overlook the case against Goldman Sachs filed by the SEC on Jan. 14. It involved a complex piece of Wall Street plumbing, led to a minuscule $15 million fine and came on […]
Largest Energy Hedge Funds hold nearly $101 billion in Energy assets
(HedgeTracker.com) The Top Energy Hedge Funds list has been released, revealing that the largest hedge fund investors in Energy companies manage more than $100.8 billion in energy assets. This quarter’s list is led by D.E. Shaw & Co which reported […]