Monthly Archives: April 2013
Paamco Seeks Asian Institutional Money for Hedge-Fund Strategies
Bloomberg – Pacific Alternative Asset Management Co., an $8.6 billion U.S. fund-of-hedge-funds, is seeking to raise money from pensions and sovereign wealth funds in Asia to diversify its investor base. U.S. investors account for 85 percent of its clients, mostly […]
Physicist hedge fund guru posts lukewarm returns
(MoneyWatch) Having recently read James Weatherall’s book “The Physics of Wall Street” I was interested in the article “Against the Current,” about Andrew Tsai, a physicist turned hedge fund manager which appears in the April 2013 issue of Institutional Investor. […]
Hedge Fund Managers Mixed on 2013 Outlook Despite Strong Performance Predictions
New York (HedgeCo.Net) – Rothstein Kass, a leading professional services provider to the financial services industry, today released its annual hedge fund outlook report entitled “Water Water Everywhere.” Produced by the Rothstein Kass Institute, the firm’s thought leadership arm, the survey, […]
Hedge Fund People: Louise Keeling Joins RWC
New York (HedgeCo.Net) – Louise Keeling will be joining REC to establish a Global Equity Team. Keeling was a portfolio manager for six years on the Global Equity team at hedge fund Marathon Asset Management in London. Keeling will employ […]
Hedge Fund Assets Surge by $122 Billion to $2.375 Trillion
New York (HedgeCo.Net) – Total capital invested in the global hedge fund industry expanded during the first quarter at the fastest rate since 2010 as global financial institutions positioned for both growth and volatility across fixed income, equities, currencies and […]
UBP picks Guggenheim Fund Solutions to power hedge fund platform
Swiss bank UBP (Union Bancaire Privée) has picked Guggenheim Fund Solutions (GFS) as a partner in a new hedge fund platform which aims to meet investors’ increasingly stringent demands regarding transparency, liquidity, risk management and governance. Following its acquisition and […]
Heavy hitters swing for the ‘hedges’
NYP – Hedge-fund mogul Stevie Cohen will be pitching at Yankee Stadium tomorrow. No, the 56-year-old billionaire is not suiting up for the Bronx Bombers — but he will be hoping the magic of the House that Ruth Built will […]
Hedge Fund Gold Wagers Defy Worst Slump in 33 Years: Commodities
BusinessWeek – Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound. Fund managers and other speculators increased net-long positions in gold by 9.8 percent to […]
Hedge-Fund Billionaire Leads Donors in Pushing Obama on Keystone
Bloomberg – President Barack Obama faces growing pressure from Democratic donors to reject the Keystone XL pipeline amid signs that the project is headed for approval. Donors and party activists are seeking to influence Obama through personal pleas and by pumping money […]
Hedge Fund Strategy – Motif Investing Raises $25 Million
New York (HedgeCo.Net) – Motif Investing, the company that pioneered ideas-based stock investing, has raised an additional $25 million in financing from a group of investors including Goldman Sachs & Co. and existing Motif investors Foundation Capital, hedge funds Ignition […]
Former Israeli Intelligence Operatives Now Working For Hedge Funds
Forbes – A company staffed with former operatives of Israel’s top intelligence agencies and founded with the help of the former head of the Mossad is being used by hedge funds looking for an edge in the financial markets. Kela Israeli […]
Hedge funds find new Swiss rules good for business
Reuters – At least ten new hedge funds are set to launch in Switzerland this year, after none in 2012, in a boost to the country’s $24 billion industry, sources familiar with the plans said. Fund managers had feared tighter […]