Monthly Archives: February 2015
Hedge funds post small gain in January
New York (HedgeCo.Net) – Hedge funds were up 0.03% overall in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge. “Central banks took centre stage in January’s financial turmoil as the Swiss National Bank unexpectedly abandoned its currency […]
Man Group To Lead China Hedge Fund Program
New York (HedgeCo.Net) – Hedge fund giant Man Group plc was chosen to head up the Shanghai Qualified Domestic Limited Partner (QDLP) program, which allows qualified high net worth individuals and institutional investors in China to invest in hedge funds overseas. Man […]
Breakup Artist Hedge Funds Betting Billions On Corporate Marriages
Forbes – Activist hedge fund investors are accused by defensive corporate boards and their advisors of being short sighted quick-buck artists that harm America’s corporations. But, as the venom continues to fly, some funds are quietly taking a long-term approach when […]
Creditors say RadioShack timed Ch. 11 for hedge fund trade
Reuters – Unsecured creditors of RadioShack Corp said the electronics retailer timed its bankruptcy to benefit a hedge fund trading strategy even though it cost the company millions of dollars in added losses, according to a court filing. A committee […]
Hedge fund takes stake in Clean Harbors
Boston Globe – Shares of Clean Harbors Inc., a provider of waste management and other environmental services, jumped on the news that Starboard Value LP, the activist hedge fund run by Jeff Smith, had acquired a new stake in the […]
Scots law firm sued after £400m hedge fund collapse
Sunday Herald – Burness Paull is facing the legal action from the liquidators of Heather Capital, the offshore financial empire run by Glasgow-born but Spanish-based tycoon Gregory King. The firm – one of the two biggest in Scotland – is […]
Several Hedge Funds Sold Positions In Apple Fourth Quarter
New York (HedgeCo.Net) According to a recent report by CNBC, several high profile hedge funds sold all or part of their positions on Apple Inc. (Nasdaq: AAPL) during the fourth quarter of 2014. Greenlight Capital cut its stake in Apple during […]
UCITS Hedge Fund Strategy Index Up 1.09% In January 2015I
New York (HedgeCo.Net) – Having finished 2014 with a modest performance of 1.62%, the UCITS HFS Index starts positively into the year with gains of 1.09% in January 2015. After the first full week of trading the broad index returned […]
Centaur Fund Services informs clients of important changes relating to distribution in Switzerland.
User Contributed News – Under the new Collective Investment Scheme Act (“CISA”) the rules for distribution of funds in Switzerland have changed significantly. The new rules take effect from 1 March 2015. In essence, marketing to many Swiss investors will […]
Seeing Value After a Plunge, Hedge Funds Bet on Energy Stocks
NYT – A few hedge fund managers have been tiptoeing back into the beaten-down energy sector. While many investors, including Warren E. Buffett, were selling energy stocks in the final three months of 2014, several hedge funds sought to profit […]
Billionaire Hedge Fund Managers Show Stock Moves In Tech And Oil Names
Forbes – The nation’s most closely-watched hedge fund managers disclosed what their portfolios looked like at the end of 2014 in Securities & Exchange Commission filings that were required to be filed by Tuesday. David Tepper, the billionaire hedge fund […]
Major hedge funds unload Alibaba shares
Asia First – Months after several hedge fund managers piled into Alibaba following its record USD25bn IPO in September, several of the biggest US hedge fund managers have exited the Chinese’ e-commerce firm at the end of 2014 as the […]