Monthly Archives: February 2013
Hedge fund to take look at books of Compuware
Detroit Free Press – The New York hedge fund that unsuccessfully bid to take over Compuware has agreed to not rebid for the Detroit-based business software company until at least May 15 while it scrutinizes the firm’s financials. Elliott Management, […]
Einhorn hedge fund may succeed in Apple case, judge says
Reuters – David Einhorn’s hedge fund has shown a “likelihood of success” if his legal attack against Apple Inc goes forward, a U.S. judge said, though he made no immediate ruling on fund’s request to block a shareholder vote on […]
Hedge Fund Launch: Aquila Capital’s Innovative Risk Parity Bond Strategy
New York (HedgeCo.Net) – As the first strategy of its kind in the market, $5.3 billion EU-based hedge fund, Aquila Capital, intends to launch a Risk Parity Bond strategy. It is designed to provide fixed income investors with a diversified and […]
Background: What drives hedge funds to Florida
User Contributed News – Many investment strategies make sense only if they are held over a full investment cycle, but the challenge professional asset managers have is that psychology often weakens the investors’ conviction when volatility kicks in. Drawdowns have become […]
Hedge Funds up 2.32% in January 2013
New York (HedgeCo.Net) – Hedge funds posted their strongest January performance since 2006 amid rallying equity markets globally. The benchmark Eurekahedge Hedge Fund Index was up 2.32%1 while the MSCI World Index gained 4.66% over the month. Total assets under […]
Japan’s wild hedge fund ride
Asia Times – I posited that Mario Draghi this past summer “singlehandedly” altered the global financial landscape. This miraculous feat was made possible with his bold guarantee of unlimited ECB bond purchases to backstop troubled euro-zone bond markets and system […]
Aussie Lifts, Hedge Funds Eye the Pound
CNBC – Japanese ministers played down talk of foreign bond buying by the Bank of Japan, and the yen rose against the dollar. German expectations for economic growth are near a three-year high, a new survey showed, and the euro […]
Private equity, hedge funds must be understood to be regulated effectively
The Conversation – In the aftermath of the global financial crisis, much ill-feeling remains towards Wall Street, the investment banks and those individuals who profit from short-term movements in the financial markets. As the crisis has dragged on, more questions […]
CFTC 60-second rule will force rejections, say futures commission merchants
Hedge Funds Review – Futures commission merchants will have a minute to accept or reject trades for clearing under a CFTC rule. Buy-side firms need to be aware of limits they are given and be able to work within them. As […]
Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires
Bloomberg – Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda. In April, the executives sent the money to a reinsurance company that they’d […]
Will hedge funds short U.K. pound as Mark Carney prepares for Bank of England post?
The Globe & Mail – Fresh off having made a killing on the yen, major hedge funds believe the British pound will be the next currency to weaken substantially when Mark Carney takes over as governor of the Bank of […]
US hedge funds sour on Apple, favouring dollar stores instead
Reuters – Hedge fund heavyweights from Leon Cooperman’s Omega Advisors to Barry Rosenstein’s Jana Partners threw in the towel on Apple in the fourth quarter, while other managers found discount retailers Dollar General and Dollar Tree attractive, regulatory filings have […]