Monthly Archives: February 2014
Former Ziff Brothers Asia Head Said to Plan Own Hedge Fund
Bloomberg – Gregard Heje, former Asia head of Ziff Brothers Investments LLC, plans to start his own Hong Kong-based hedge fund that bets on stocks as early as the second quarter, said two people with knowledge of the matter. The family office […]
Hedge Fund Goes After Anonymous Blogger For Spilling Trade Secrets
New York (HedgeCo.Net) – David Einhorn, the founder of hedge fund Greenlight Capital is going after anonymous blogger “Valuable Insights” who posts on the financial website ValueWalk. Einhorn filed a lawsuit seeking to identify the financial blogger in order to sue […]
California Hedge Fund Universa Investments Moves To Miami
New York (HedgeCo.Net) – Equity tail hedging fund Universa Investments is moving its headquarters from Santa Monica, Calif. to Coconut Grove, Fla. on March 1. The move makes it the first high-profile firm to move to Miami since Miami’s Downtown Development Authority […]
Blackstone Buys Minority Stake in Senator Hedge-Fund Firm
Bloomberg – The firm, already the largest allocator in hedge funds, is setting its sights on buying stakes in the money managers. Senator Investment Group LP, a $6.7 billion firm, told clients yesterday that Blackstone bought a minority piece of […]
Hedge fund assets seen reaching $3 trillion this year -survey
Reuters – Hedge fund industry assets are expected to reach a record $3 trillion by year’s end as investors plan to add fresh money, saying they were generally happy with last year’s returns and don’t expect bigger gains this year, […]
Puerto Rico looks to be yielding to hedge-fund pressure
NYP – o Rico looks ready to cave to hedge-fund demands that it waive sovereign immunity to get a new $3.5 billion financing done, officials indicated in a webcast Tuesday. The deal will allow Puerto Rico to stave off default […]
US Hedge Fund Takes Over Care Home Group NCC
Sky News – A Wall Street investment firm has emerged as the biggest shareholder in a leading UK care homes operator following a financial restructuring involving the taxpayer-backed Lloyds Banking Group. Sky News understands that Anchorage Capital Group has taken […]
Hedge Funds Short TUI as Shares Rise to Highest Since ’08
Bloomberg – Hedge funds have added short positions in TUI AG in the past month, after the owner of Europe’s largest tour operator rose to its highest price in more than five years, as investors wait for a turnaround program initiated by […]
Hedge Funds Outperform Underlying Markets In January
New York (HedgeCo.Net) – Hedge funds surpassed the MSCI World Index by over 3% in January, according to new data from the February 2014 Eurekahedge report. Almost 90% of fund managers outperformed underlying markets during the month. Final figures for […]
Emerging Markets Drag Hedge Fund Portfolios Down
Hennessee Group LLC announced today that the Hennessee Hedge Fund Index decreased -0.18% in January (-0.18% YTD), while the S&P 500 dropped -3.56% (-3.56% YTD), the Dow Jones Industrial Average fell -5.30% (-5.30% YTD), and the NASDAQ Composite Index dipped […]
Why Did This Massive Hedge Fund Company Sell General Electric?
Motley Fool – The latest 13F season is commencing, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major […]