Monthly Archives: April 2014
Liquid alternatives growing at faster rate than hedge funds, says Barclays study
The liquid alternatives industry is growing at a faster rate than traditional hedge funds as investor interest in these regulated structures shows no sign of abating, according to a study by Barclays Prime Services. The liquid alternatives space grew by […]
Head of emerging market strategy at BNP Paribas to join hedge fund
eFinance – Bartosz Pawlowski, who joined BNP Paribas in 2009, is set to join emerging market-focused hedge fund Finisterre Capital as a portfolio manager in early May, according to two people familiar with the matter. Founded in 2002 and with around $1.7 billion under […]
New York Hedgie Convicted Of Theft
New York (HedgeCo.Net) – Hedge fund founder and adviser Fredrick Douglas Scott, one of Ebony magazine’s “Top 30 under 30,” was sentenced to more than five years in prison for stealing over $1 million from investors. He pleaded guilty to engaging in a wire […]
Hedge Fund Letters to Tell of Favorite Trades Unraveling
Bloomberg – Pity the poor folks who have to write letters to investors on behalf of equity-focused hedge funds this month. Various measures of performance indicate the alternative investment vehicles may have a lot of explaining to do in March. […]
March tech losses burn hedge funds
SEC – Betting on the growth of technology companies proved to be a dangerous game in March as sharp stock declines burned some prominent hedge fund investors. Hedge fund firms that suffered stinging losses last month included Viking Global Investors, […]
New York Hedge Funds Win Job Cuts In Silicon Valley
Forbes – The technology companies of Silicon Valley tend to be pretty generous with their employees, offering nice pay packages and perks. And if you wanted a plush job in Silicon Valley in recent years, Juniper Networks was a good […]
Buffett’s Edge on Hedge Funds
Morningstar – Fees count in investing. Just ask storied investor Warren Buffett, who is far ahead in his highly publicized wager with the hedge fund industry. His bet: Over 10 years, a simple index fund tracking the Standard & Poor’s 500 […]
Two Men Caught Trading on Confidential Information Gained Through Eavesdropping
New York (HedgeCo.Net) – A man is being charged with violating a duty of trust by trading during a blackout window after he overheard work calls made by his wife. “Spouses and other family members may gain access to highly […]
Hedge Fund Letters to Tell of Favorite Trades Unraveling
Bloomberg – Pity the poor folks who have to write letters to investors on behalf of equity-focused hedge funds this month. Various measures of performance indicate the alternative investment vehicles may have a lot of explaining to do in March. […]
Activist hedge fund bets outpace S&P 500 over last five years
P&I – The often noisy investors such as Carl Icahn, Bill Ackman and Nelson Peltz — who urge corporate leaders to rethink their strategies and expedite stock-boosting changes — generated a 48% average gain for shareholders of the companies they’ve […]
Hedge funds’ bets shouldn’t be allowed to steer housing policy
STL – Nature may abhor a vacuum, but Congress doesn’t seem to mind going for years with a giant void where the nation’s housing policy should be. The problem is that in politics, as in nature, something always rushes to fill […]
What A Hedge Fund Failure Looks Like
Seeking Alpha – The Twittersphere couldn’t get enough of the news today/yesterday that hedge fund legend Paul Tudor Jones was shutting down one of his eponymous funds, the Tudor Tensor Fund (try saying Tudor Tensor ten times fast). And critics […]