Monthly Archives: April 2014
Hedge Fund Law Specialists Join Bloomberg BNA
New York (Hedge Co.Net) – The Bloomberg BNA Banking Report Advisory Board is adding hedge fund law firms and specialists to its panel of practitioners and policy experts from across the spectrum of banking law. The Advisory Board will provide guidance […]
Hedge Fund People: FORT Opens NY Office
New York (HedgeCo.Net) – Hedge fund FORT Management, founded in 1993 by Yves Balcer and Sanjiv Kumar, who formerly worked together as senior fund managers at the World Bank, has expanded its operations and opened an office in New York. […]
Days of Market Calm Seen Ending in Hedge Fund VIX Bets
Bloomberg – Hedge funds are saying goodbye to the calm that blanketed U.S. stocks for the past two years. Large speculators have reduced bets on lower volatility and were net short about 1,000 contracts on VIX (VIX) futures last month, the fewest since 2011, […]
Finding wisdom in a warning from bearish hedge fund manager
Dallas News – I’m generally bullish on the U.S. stock market if for no other reason than it’s about the only game in town. I mean banks pay depositors next to nothing, and who wants to invest in the economic […]
What A Hedge Fund Failure Looks Like
Investing.com – The Twittersphere couldn’t get enough of the news last week that hedge fund legend Paul Tudor Jones was shutting down one of his eponymous funds, the Tudor Tensor Fund (try saying Tudor Tensor 10 times fast). And critics […]
S&P 500 Posts Worst Week Since 2012 as Hedge-Fund Favorites Sink
Bloomberg – The Standard & Poor’s 500 Index and Nasdaq Composite Index capped their worst week since 2012, with stocks most beloved by hedge funds plunging amid concern valuations have climbed too high as earnings season starts. Allegion Plc (ALLE:US), […]
Oldest and biggest hedge funds have the most assets
Opalesque – In the week ending 11 April, 2014, the oldest and biggest hedge funds have the most assets according to the latest data from eVestment; Capstone Investment Advisors’ Paul Britton predicted that his current $2.5bn assets will grow to $10bn within five years; […]
Court Approves $1.8 Billion Settlement In SAC Hedge Fund Case
New York (Hedge Co.Net) -Steven A Cohen’s hedge fund SAC Capital Advisors has received court approval on a record criminal settlement for insider trading on Thursday, as a US judge accepted a guilty plea from the hedge fund firm. CBS reports: […]
Hedge funds target laundered funds in Nevada by close associate of the Kirchner family
MercoPress – The ATFA includes within its members NML Capital and Elliott Management, part of the so-called ‘vulture funds’. These hold-out investors demand full payment on Argentine titles through the US court system, a move strongly resisted by the Argentine […]
Qatar Investment Executive Said to Start Hedge Fund
NYT – A top investment executive at Qatar’s sovereign wealth fund is leaving to start a hedge fund, people briefed on the development said. Kamel Maamria has served as head of the global investment portfolio at Qatar Holding, a branch […]
Indicted Larkspur hedge fund manager hid computer in ceiling of lawyer’s office
Contra Costa Times – An indicted Larkspur hedge fund manager was returned to jail after authorities discovered he was continuing to execute trades using a tablet computer that he had hidden in the ceiling of his attorney’s office in San Francisco. […]
Institutions now largest hedge fund investors – study
Reuters – Pension funds and other institutions have become the largest investors in hedge funds over the past decade as they seek protection from any re-run of the financial crisis. They have replaced funds of funds and high-net-worth individuals as […]