Monthly Archives: April 2015
Hedge Funds Are Long The U.S. Dollar – Big Time
ValueValk – Hedge Funds are taking advantage of the rising value of the U.S. dollar, which they don’t seem to expect to reverse course anytime soon. New data indicates that funds are more bullish on the dollar than ever, as […]
Broadridge Launches Trade Expense Managed Service
User Contributed News – Broadridge Financial Solutions, Inc. (NYSE:BR) has launched a new managed service offering to help capital markets firms streamline and automate the costly and increasingly complex area of trade expense management. The company’s expanded managed service offering […]
Hedge-fund magnate backing Cruz is major investor in Breitbart News Network
Politico – The Long Island-based hedge-fund magnate who is helping bankroll Sen. Ted Cruz’s campaign for the Republican nomination is also one of the top investors in the Breitbart News Network, sources with knowledge of the matter told the On […]
Hedge fund cuts DryShips
Trade Winds – Hedge fund manager BlueMountain Capital Management has cut its stake in New York-listed DryShips to 5%, less than half the amount it owned in October. The Andrew Feldstein-led financial firm told the US Securities & Exchange Commission […]
US hedge fund snaps up Irish loans on back of brighter outlook
Irish times – Marathon Asset Management’s Bruce Richards says his firm is ramping up investment in Europe on bets that central-bank easing, a depreciating euro and the plunge in oil prices will buoy the region’s growth. The hedge fund, which […]
Hedge Fund Performance Down In April
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2015 measured 1.30%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.14% in April. “The negative CMI for […]
United Nations Pension Fund Considering Hedge Fund Investing
New York (HedgeCo.Net) – The United Nations Joint Staff Pension Fund, which covers 190,274 participants, retirees and other beneficiaries, is reportedly looking into adding hedge funds to its portfolio, the pension has over $52 billion in assets. CNBC reports: “The U.N. is […]
A hedge fund becomes an accidental hero of anti-corruption campaigners
Economist – “Vulture” funds, which chase distressed borrowers for payment of outstanding debt, have few friends outside finance. Occasionally, though, their hunt for profit aligns neatly with calls for greater financial openness by campaigners, winning the rapacious funds unlikely admirers. […]
Paul Singer’s hedge fund takes a dip
NYP – Hedge fund mogul Paul Singer started off 2015 with a rare miss — the first quarter in almost three years that one of his hedge funds has been down and one of only 12 in his stellar 38-year […]
Hedge Fund Two Sigma Sues Former Vice President Who Tried To Start His Own Hedge Fund
Forbes – Two Sigma Investments, the Manhattan-based quantitative hedge fund that manages $24 billion, sued a former vice president on Thursday who had been working to start his own hedge fund firm. Two Sigma claims that Sergey Fein, 34, a […]