Monthly Archives: March 2016
The Madoff Mystery: Victims Who Left $2.5 Billion on the Table
(Bloomberg) Ever since Bernie Madoff’s Ponzi scheme collapsed it’s been much-rumored that investors included tax dodgers shielding money from the IRS, drug dealers who laundered proceeds through the con man and wealthy moguls hiding assets from ex-spouses. After all, the […]
These Are Hedge Funds’ Top Stock Pickers
(Harvest) The Q4 2015 Novus Top Hedge Fund Stock-Pickers Report highlights the most skilled stock-pickers within each sector. In addition, we’ll show you the top picks that put them on our list. Only available through Novus, this exclusive report is […]
Hedge Fund Managers Missing Promotional Opportunity
(Pension & Investments) Hedge fund managers are Luddites when it comes to social media. Only 11.1% of the world’s 300 largest hedge funds had any sort of social media presence apart from LinkedIn in 2015, up from 9.9% the previous […]
Hedge Fund Launches in 2015 Dominated by Equity Strategies
(Pension & Investments) There were more new equity-oriented U.S. hedge funds launched in 2015 than in prior years, analysis by law firm Seward & Kissel showed.About 80% hedge funds launched in 2015 employed equity strategies, compared to 73% in 2014 […]
Northern Trust Buys Hedge Fund Investor Aurora From Natixis
(Reuters) Northern Trust Corporation (NTRS.O) is beefing up its alternative assets business by buying hedge fund of funds manager Aurora Investment Management, the trust bank said.The deal will unite Chicago based Aurora, which had been owned by Natixis Global Asset […]
Crestline Investors Opens London Office
(HedgeCo.Net) Crestline Investors, an institutional alternative investment management firm with approximately $10.3 billion in assets under management, today announced the opening of its first European office in London through the hiring of an experienced European Opportunistic Credit team. This move […]
Top Earning Fund Managers Managed Top Performing Funds in 2015
New York (HedgeCo.net) – While many news reports focused on the negative returns for some high-profile hedge fund managers in 2015, there were other managers that performed well and those managers were paid very well for their performance. A recent […]
Hedge Fund That Beat 98% of Peers Says Buy in Vietnam, Not China
(Bloomberg) An Asian hedge fund that trounced peers by shorting China-related shares during a market rout last year is still bearish on Asia’s biggest economy, while seeing the region’s best opportunities in Vietnam and the Philippines.Deng Jiewen, who’s part of […]
The Lone Analyst Who Said Sell Valeant When Hedge Funds Piled In
(Bloomberg) In July 2014, Dimitry Khmelnitsky advised investors to sell Valeant Pharmaceuticals International Inc. and then watched the stock double in a year.“It was very painful,” Khmelnitsky, an analyst at Veritas Investment Research Corp., said in an telephone interview from […]
Republican Hedge Fund Billionaire Paul Singer to become Rubio’s Finance Chairman
(Mercopress.com) Paul Singer, the influential hedge fund billionaire from New York who endorsed Marco Rubio in October, is set to be named as his national finance chairman according to various US press reports. Singer is well known in Argentina for […]
No “Big Short” Yet for Hedge Funds on Brexit
(Reuters) Hedge funds…have yet to make major bets on Britain leaving the European Union because few expect it to happen and most doubt a big payout from market moves around the June vote. Asset managers and hedge fund desks at […]
Hedge Fund Tiger Global Lost 8.5 Percent in February
(Reuters) Hedge fund Tiger Global Management, known for making big bets on technology companies, lost 8.5 percent last month, leaving it down 22.5 percent for the year to date, a person familiar with the numbers said.The New York-based fund, which […]