Monthly Archives: April 2015
Treasury defends Lloyds against possible hedge fund attack on ‘Tell Sid’ share sale
Telegraph – The Government is planning a two-stage sale of Lloyds shares this year amid fears that short-sellers would target one of the largest retail offerings in decades at the taxpayer’s expense. Chancellor George Osborne last week unveiled plans to […]
U. California Loses Hedge Fund Chief, Looks to Recruit
CIO – The University of California’s (UC) longtime head of hedge funds Lynda Choi has submitted her resignation, CIO has learned. Choi’s departure—scheduled for July 1—will end her decade-long leadership of the now-$6 billion portfolio, putting the managing director role […]
Global Hedge Fund Centaur Wins Award for Fifth Consecutive Year
New York, HedgeCo.Net – For the fifth consecutive year, Centaur Fund Services has been recognised in the HFM European Hedge Fund Services Awards. Centaur was named as Best Administrator under $30bn – Overall in recognition of its exceptional client service […]
Hedged investing isn’t hedge-fund investing
MarketWatch – When investors hear the words “hedge fund,” several possible thoughts come to mind. Among them: deceit, scam, blowup, leverage, cloak-and-dagger, excessive fees and speculative. Like any other, the hedge fund industry has had its saints and sinners. To […]
Hong Kong start-up to bet millions on hedge fund run by artificial intelligence
Start Ups – A financial tech start-up based in Hong Kong will soon launch a hedge fund in the US managed by artificial intelligence. Ben Goertzel, co-founder and chief scientist of the venture, called Aidyia, said the fund will start […]
Paulson, Highbridge Bermuda Ventures May Be at Risk From IRS
Bloomberg – Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules published Thursday, said that the favorable treatment enjoyed […]
Private Equity Investment Volume Remains Strong in Q1 2015
New York (HedgeCo.Net) – Private equity investment volume remained strong in Q1 despite a seasonal slowdown in overall private equity activity, according to the Private Equity Growth Capital Council’s (PEGCC) Trends Report for the first quarter of 2015. Investment volume […]
Biotech Rallies: Composite Models Take Advantage
New York (HedgeCo.net) – The biotech sector has been on an incredible run over the last four years and so far in 2015, the rally has continued. In the last four years, the iShares Nasdaq Biotechnology ETF (NYSE: IBB) has gone […]
Models Hold Their Own Amidst Selling
New York (HedgeCo.Net) Last week saw selling hit the overall market, especially on Friday. In fact, if not for Friday’s big selloff, the indices would have gained ground on the week. Earnings were a mixed bag for the most part, […]
The Surprising Market Response to Activist Hedge Funds
WSJ – Is hedge-fund activism good or bad? This question has dominated financial debate this year, as hedge funds besiege on average nearly one company a day seeking to shake up managements. This month’s battle over the future of Vivendi […]
Steven Cohen, others pledge $250,000 each to pro-Christie super PAC
Washington Post – New Jersey Gov. Chris Christie may be straining to revive his presidential hopes amid a crowded field, but a super PAC set up to support his likely bid is having some success pulling in major donations. Several donors, […]
Blackstone-backed Denjoy Capital to shut hedge fund – document
Reuters – Denjoy Capital Partners, a London-based hedge fund backed by Blackstone Group, one of the industry’s most powerful investors, is closing its European long-short equity hedge fund, a letter to investors seen by Reuters showed. The Denjoy Integral Fund […]