Monthly Archives: March 2014
Brokerage Firm Scores Knockout With Boxing Charity Event
New York (HedgeCo.Net) – Brokerage firm partners at Hennion & Walsh, held a successful Silk City Charity Boxing Event this month in New Jersey. “Giving back to the surrounding communities is a cornerstone of our corporate culture,” said Rich Hennion . “Organizing this […]
JPM, AQR win as hedge funds suck in assets
CNBC – The fat funds are getting fatter—the largest hedge funds now control more cash than ever before. Americas-based firms that each invest at least $1 billion managed a record high of $1.71 trillion as of Jan. 1, according to […]
Apparently There’s A ‘Goldilocks’ Hedge Fund Size
Business Insider – Apparently hedge funds of a certain size are best at getting the market ‘juuuuust right.’ Hedge funds with assets under management of $100-499 million and $500-999 million beat their bigger brethren in terms of 12-month average returns […]
Windfall for hedge funds and Russian banks as IMF rescues Ukraine
Telegraph – Ukraine has secured an emergency bail-out of up to $18bn (£10.9bn) from the International Monetary Fund to stave off imminent default but will see no debt relief and will be forced to slash spending amid dangerous civil conflict. […]
Ben Bernanke Dines With Hedge Fund Billionaires In New York As He Rakes In The Big Bucks
Forbes – A couple of months after stepping down from the job in which he is credited with averting a global financial crisis that could’ve eclipsed the Great Depression, Ben Bernanke appears to be enjoying his time alongside billionaires and financiers. The […]
OVS Hedge Fund Will Close as Founder Morland to Retire
Bloomberg – OVS Capital Management LLP, a $310 million London-based hedge-fund firm, is shutting after founder Sam Morland decided to retire. OVS will close its OVS Capital Fund and return all money to investors, Nick McEwen, the firm’s co-chief executive […]
Decosimo Principal Chairs National Hedge Fund Due Diligence Forum
New York (HedgeCo.Net) – Decosimo, a Top 100 accounting and business advisory firm, is the lead sponsor for the Hedge Fund Due Diligence Master Class hosted by the Financial Research Associates (FRA) March 25-26 at New York City’s Princeton Club. […]
Hedge Fund Founder Carl Icahn Blasts ‘Liar Gate’ In eBay Tirade
New York (HedgeCo.Net) – Activist investor and hedge fund founder has released the following article: A Watershed Moment for Stockholder Participation. “For many years I have been a proponent of active participation by stockholders in public companies. Stockholders are like […]
Activist hedge fund Elliott seeks to seize Argentina’s satellites
ValueWalk – NML Capital Ltd, a unit of Elliott Management Corp., is suing Argentina in California to seize two satellites the country is planning to launch into space. Elliott is operated by activist hedge fund manager Paul Singer. According to court documents, Argentina […]
Hedge Funds Unlikely Saviors for New York-Area Homeowners
Bloomberg – Louis Ragusa, who hasn’t paid his mortgage in two years, says he now has a chance to save his Blackwood, New Jersey, home from foreclosure after a hedge fund bought the loan. American Homeowner Preservation, a Chicago-based investment firm, purchased the […]
Hedge funds position for further Russia sanctions
CNBC – Hedge fund managers are making changes to their funds and preparing for further sanctions against Russia, which they believe could be more severe then what has been enforced to date. Western sanctions imposed against Russia so far have […]
Context Asset Management launches first hedge fund-of-funds mutual fund
P&I – Context Asset Management, a newly formed alternative investment mutual fund manager, on Wednesday launched its first fund, Context Alternative Strategies Fund. The new fund was seeded with $40 million from a family office that CEO Steve Kneeley said […]