Monthly Archives: March 2014
Paulson, Ackman Among Hedge-Fund Managers to Beat S&P In February
WSJ – Several high-profile hedge fund managers posted big gains in February, even as the broader industry trailed a strong month for stocks. All of John Paulson’s funds rose, including a 10% return for the Advantage Plus Ltd. fund, which […]
Dell-backed hedge fund continues to grow
Auston Business Journal – The amount of capital raised by Michael Dell’s energy-related hedge fund continues to grow. New York-based MSD Energy Partners LP reported Monday raising just over $1 billion from 85 investors compared with $1.06 billion from 83 investors last year,according […]
No room at the inn: Capacity tops hedge fund investor agenda Harriet Agnew
FN – Capacity constraints are the number one development that institutional investors in hedge funds are keeping their eye on this year, according to Credit Suisse prime brokerage’s annual investor survey published today. That is up from around fourth or fifth last […]
Adam Bernstein, Fund Manager at Highbridge, Plans to Start New Hedge Fund
WSJ – A veteran Highbridge Capital Management LLC fund manager overseeing investment decisions in one of its larger and more profitable hedge-fund stock portfolios has told firm executives he plans to leave with two colleagues to start a new hedge […]
RPT-Hedge funds look to put strategies into ETFs to lure more investors
Reuters – More client-hungry hedge fund managers are looking to put their investment strategies to work in exchange-traded funds, a move that could exponentially expand their pool of investors but requires them to slash investment management fees. That is a […]
SEC Charges Five Dewey & LeBoeuf Executives
New York (HedgeCo.Net) – The SEC has charged five executives and finance professionals with facilitating a $150 million fraudulent bond offering by the now out of business Dewey & LeBoeuf, the international law firm where they worked. Chairman Steven Davis, […]
WTI Oil Falls as China Export Drop Signals Slower Growth
Bloomberg – West Texas Intermediate and Brent crudes fell for the first time in three days after exports from China unexpectedly shrank, stoking speculation the world’s second-largest oil consumer may miss economic growth targets. Futures lost as much as 1.5 percent in […]
‘Black swan events’: don’t sell your stocks out of panic
Guardian – On Wall Street, a “black swan” moment is one during which investors panic in response to shocking news – as unexpected as seeing a black feathered creature in a snowy-white flock. Nothing felt more like one of those infamous […]
Gold regaining hedge fund lustre despite Goldman slump call
Bloomberg – Gold is getting more attractive to hedge-fund managers even as Goldman Sachs Group Inc. says the metal’s surprising rally this year will soon fizzle. Hedge funds and other speculators expanded bets on higher prices for a fourth week […]
Citi Private Bank making big pitch for hedge fund wealth
Stamford Advocate – From his second-floor office here on Steamboat Road, Keith Gertsen can gaze out across Greenwich Harbor at one of the world’s most-exclusive neighborhoods: Belle Haven, a mansion-filled peninsula that’s home to three of Connecticut’s 15 billionaires. Nearer still, his office […]
After Big Bet, Hedge Fund Pulls the Levers of Power
NYT – At a Midtown Manhattan steakhouse last June, William A. Ackman, the activist hedge fund manager who had bet a billion dollars on the collapse of the nutritional supplement company Herbalife, offered his latest evidence to a handful of […]
Credit Suisse CSLAB: Hedge Funds Finished Up 1.49% In February.
New York (HedgeCo.Net) – The Credit Suisse LAB Index was up 1.49% in February according to Dr. Jordan Drachman, Head of Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, “The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to […]