Monthly Archives: February 2015
KPMG Tax Partner Authors New Book: “Tax Compliance And Reporting For Hedge Funds And Their Investors”
User Contributed News – KPMG Tax partner Joseph Pacello has authored a new book, titled “Tax Compliance and Reporting for Hedge Funds and Their Investors,” that provides a detailed look at tax compliance and reporting issues for professionals responsible for […]
Hedge Fund Centaur Launches Headquarters In New York
New York (HedgeCo.Net) – Dublin-based Centaur Fund Services is expanding its global presence with the opening of a new office and US Headquarters in New York. The office has been established by recently appointed America Head of Business Development, Bryan […]
West Midlands Pension Fund joins hedge funds exodus
Reuters – The UK’s West Midlands Pension Fund is in the process of withdrawing its hedge fund allocations of just over 200 million pounds ($300 million), becoming the latest institution to end the use of these relatively expensive and complex […]
Vladimir Putin’s Ex-Hedge Fund Buddy Pens Memoir
DealBreaker – It’s been 10 years since the Russian president decided he didn’t want hedge-fund manager William Browder around anymore—before he changed his mind and asked Interpol to have him arrested and returned to him for what would have undoubtedly […]
New Singapore activist hedge fund seeks to shake up companies
Bloomberg – Roland Thng is seeking to shake up Singapore’s staid corporate landscape, setting up a new hedge fund focused exclusively on influencing the way locally listed companies are run. The 33-year-old has established EVA Capital SP with US$5 million […]
Hedge fund Elliott: government policies paved way for risky bets
Reuters – Hedge fund titan Paul Singer blamed government policies for encouraging traders to make concentrated bets in “overpriced” securities and markets and said it is “nutty” to hold bonds at their current high levels. Singer, who founded the $25 […]
Hedge Fund Guide to China Bull Markets Shows Rally Just Starting
Bloomberg – It’s easy to see why doubters of China’s world-beating equity rally are growing louder. Manufacturing contracted last month for the first time in two years, industrial profits are falling at the fastest pace since at least 2011 and […]
Barclays: Institutional Investors Expect “Hedge Funds Revival”
ValueWalk – Hedge Funds have a generally high correlation to the stock market, a new study of hedge fund trends from Barclays PLC points out, but investors appear to be betting this is “the year of the hedge fund revival.” […]
Warren Buffett adds to his lead in $1 million hedge-fund bet
Fortune – Seven years into a 10-year performance wager, the Berkshire Hathaway CEO is winning easily. Results are in for the seventh year of what’s sometimes called The Million-Dollar Bet—Warren Buffett’s 10-year wager that the S&P 500 would outperform a […]
Hedge fund billionaire Steve Cohen is recruiting at colleges
Reuters – Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world’s biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professionals. Less than […]
Little Consensus From Hedge Fund Top Picks
At the famous Breakers conference presented by Morgan Stanley, six hedge fund managers gave their top long idea and their top short idea for 2015. The event is a private event, but CNBC.com reportedly got the recommendations from someone in […]