Monthly Archives: March 2015
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for February 2015 measured 2.19%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.66% in March. “March data showed a modest gain in the […]
Casey Quirk Expands Hedge Fund Advisory Presence In New York City
New York (HedgeCo.Net) – Hedge fund consultant specialist Casey Quirk has opened new, larger offices in New York following a 67 percent growth in overall headcount over the past three years. The new offices will occupy the entire 22nd floor […]
US stocks markets fall amid investor anxiety about rising interest rates
Guardian – US stock markets fell on Tuesday as investors worried about rising interest rates and a strengthening dollar. All the major US markets fell with the S&P 500 index recording its largest loss in two months, losing 34.91 points, […]
Activist Hedge Fund Tackles Yahoo
New York (HedgeCo.Net) – New York-based activist hedge fund Starboard Value LP has sent a letter to Yahoo CEO Marissa Mayer and Yahoo’s Board of Directors. The hedge fund has an estimated $1 billion in assets and was founded by Jeffrey Smith […]
Hedge Fund Investments Are Getting Bigger, Weirder and More Creative
International Business Times – Hedge funds aren’t exactly known for moderation. Free from the regulatory burdens of banking, hedge funds have free rein to experiment with investors’ money. In return for the big investments they demand, hedge funds promise (and […]
Activist hedge fund Marcato Capital takes aim at BNY Mellon CEO
Tribune – Activist hedge fund Marcato Capital Management is pushing for the ouster of Gerald Hassell as CEO of Bank of New York Mellon, saying that the bank was not achieving its potential and management wasn’t doing enough to boost […]
Hedge fund executives give ’til it hurts to politicians, especially Cuomo, to get more charter schools
NY Daily News – Outside the Harvard Club in Midtown, a group of parents from the Alliance for Quality Education picketed as they chanted, “Public schools are not for sale!” But the hedge fund chiefs inside had other ideas. The […]
Activists lead hedge fund bounce-back in February
CNBC – Hedge funds are back in the black for 2015, and some familiar strategies are leading the way. Following losses in January, the average fund gained 1.93 percent net of fees in February, bringing year to date returns to […]
Hedge Fund Industry Raises Over $1.5 Million to Prevent and Treat Child Abuse
New York (HedgeCo.Net) – Over 600 senior executives from some of New York’s most prominent hedge funds including Ellington Management, Marathon Asset Management, York Capital Management and Two Sigma, have joined up with Help For Children/Hedge Funds Care (HFC), raising over $1.5 […]
Hedge Fund Wizard Donates $1M To The NY Public School He Attended
New York (HedgeCo.Net) – One of Forbes’ magazine’s “30 Under 30” finance wizards has donated $1 million to Hunter College High School, the largest single gift in the high school’s 101-year history. Currently a health care investor and entrepreneur, Martin […]
Hedge-Fund Manager’s Next Frontier: Lawsuits
Wall Street Journal – Emanuel “Manny” Friedman is willing to do what other millionaire hedge-fund managers would rather avoid: dial for dollars. Call into one of his quarterly portfolio updates as a noninvestor and a few minutes later you are […]
A Mystery in Hedge Fund Investing
NYT – In 2014, the Barclay Hedge Fund Index returned 2.88 percent. In that same period, the boring Standard & Poor’s 500-stock index of larger American stocks gained more than 13 percent and the Barclay United States Aggregate Bond Index […]