Monthly Archives: April 2014
Hedge fund Marcato Capital Management makes new bet on Dillard’s
Reuters – Hedge fund manager Mick McGuire of Marcato Capital Management has taken a new position in Dillard’s and is betting the retailer’s stock can climb to $155 a share, which would mark a 62 percent gain from its current […]
Just Published: An Introduction to ConnorsRSI – 2nd Edition
Trading Markets – Announcing the publication of An Introduction to Connors RSI – 2nd Edition. You can download the 2nd Edition here for free. In the guidebook we provide the background, formula and historical results for ConnorsRSI along with a fully disclosed pullback […]
Bahrain Hedge Fund Investor To Buy US Designer Company
New York (HedgeCo.Net) – The Bahrain-based hedge fund investor Investcorp and private equity firm Freeman Spogli & Co, are teaming up to buy the Cincinatti-based rain and cold weather accessory designer Totes Isotoner Corporation. The terms of the transaction were not disclosed. “We are excited […]
Activist hedge fund socks Red Lobster spinoff
NYP – The water is getting hotter for the parent of Red Lobster. An activist hedge fund has secured votes from 54 percent of Darden Restaurants’ shareholders to hold a special meeting to block plans to spin off Red Lobster […]
Alex Porter, Hedge Fund Founder From A.W. Jones Era, Dies at 75
Bloomberg – A. Alex Porter, who applied the lessons he learned at the first hedge fund, A.W. Jones & Co., as a founder of what today is Amici Capital LLC, has died. He was 75. He died on April 18 […]
Activist hedge funds target Europe amid increasing power
Telegraph – Activist hedge funds have tripled the amount of money under management in the past five years and are aiming their cash piles at Europe, according to research compiled by FTI Consulting and Hedge Fund Research. Such funds managed […]
US Fed study: Hedge funds amplify systemic risk
CayCompass – Hedge funds may play an even more prominent role in transmitting shocks to the rest of the financial market and amplifying systemic risk than previously thought, according to a study published by the U.S. Federal Reserve Bank of […]
No warm EU welcome for US hedge funds
FN – As the deadline nears for an EU directive intended to enhance the protection of European investors, it is becoming clear that it will, instead, curtail their access to lucrative opportunities in the US as hedge funds based there […]
Hedge Fund interest in Alternative Mutual Funds apparent at the FRA Establishing a ‘40 Act Alternative Conference
New York (HedgeCo.Net) – At almost every hedge fund conference, a panel or two will present on the pros and cons of liquid alternatives, but when an industry grows 45% in the twelve months ended October 31st, 2013 to $129.8B […]
Notorious Troll Says He Will Create Trolly Hedge Fund Called “TRO LLC”
Hedge Fund Auernheimer was recently released from prison after a lengthy fight over whether he was properly charged with “hacking” under the much-maligned Computer Fraud and Abuse Act. (The Third Circuit vacated his conviction on the grounds that he was tried […]
Activist Hedge Funds Broadening Tactics and Geography
New York (HedgeCo.Net) – The shareholder activism landscape has changed dramatically over the last several years, according to new data compiled by Hedge Fund Research. Activist hedge funds managed over $93 billion dollars in 2013, almost triple the amount managed just five […]
SEC Charges Former BP Employee with Insider Trading During the Deepwater Horizon Oil Spill
The Securities and Exchange Commission today charged a former 20-year employee of BP p.l.c. and a senior responder during the 2010 Deepwater Horizon oil spill with insider trading in BP securities based on confidential information about the magnitude of the […]