Monthly Archives: April 2013
U.S. Trust, Bank of America Private Wealth Partners with the S&R Foundation
The S&R Foundation, a non-profit organization that supports talented individuals with high aspirations in the arts and sciences, today announced that the U.S. Trust, Bank of America Private Wealth will serve as an associate partner for the Foundation. U.S. Trust […]
Hedge Funds Currently Standing at $536 Billion
New York (HedgeCo.Net) – Hedge funds and UCITS hedge funds sector are currently standing at US$536 billion and US$215 billion respectively, EurekaHedge reports. Highlights from this month’s report: 1Q 2013 witnessed positive asset flows of US$20 billion with hedge funds […]
Silver Slump Splits Hedge Funds From Ingot Hoarders: Commodities
Bloomberg – Hedge funds are betting on cheaper silver for the first time since at least 2006, splitting from investors accumulating close to the biggest hoard ever and the analyst consensus for prices to rebound from a bear market. Speculators were the […]
The importance of hedge funds
BusinessDay – In line with our aim of informing readers of opportunities within the alternative investment space, we decided to do a review of hedge funds for this month’s fund review. First, a warning: hedge funds are complex, sophisticated investments […]
Hedge fund manager Paulson to start fund for tax reduction
LifeHealthPro – Legendary hedge fund manager John Paulson, who made an estimated $15 billion for investors by shorting the real estate market before its 2008 crash, is starting a fund to help investors reduce their tax bill. Tax reduction strategies […]
Q1 2013 positive for hedge funds, says Altin
HedgeWeek – The first quarter of the year was overall positive for hedge funds, according to Swiss alternative investment company Altin. Appetite for risk continued to dominate markets and led to good returns for risky assets, especially in the US, […]
Hedge Funds Review Americas Awards 2013 open for entries
Risk.Net – Hedge Funds Review is now accepting entries for the Americas Awards 2013. These awards recognise the top-performing hedge funds and funds of hedge funds in the US, Canada and Latin America The Hedge Funds Review Americas Awards 2013 […]
Hedge Fund Titans’ Pay Stretching to 10 Figures
DealBook – In recent years, the criticism about giant Wall Street hedge funds — those that command billions of investor dollars from pension funds, endowments and the wealthy — is that they’re simply too big to beat the market. But […]
SAC Capital Sued by Wyeth Investors in Tiping Claim
Bloomberg – SAC Capital Advisors LP was sued by a public pension fund that holds shares of Wyeth LLC, now a unit of Pfizer Inc., over alleged insider trading on tips about an Alzheimer’s drug. Birmingham Retirement & Relief System sued […]
Australia’s Scout Global Joins IMQ In Backing Romanesco Fund
Australian hedge fund seeder Scout Global Funds has joined IMQ as co-seed of Romanesco Capital Management’s systematic trading strategy, the Persistence Fund. Scout aims to identify and invest in ‘best of breed’ emerging managers worldwide. The firm’s mandate is to allocate to […]
Hedge Funds Cut Brent Crude Bullish Bets to Four-Month Low
Hedge funds and other money managers cut bullish bets on Brent crude to the lowest level in four months, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered long positions […]
SAC’s First Asia-Based Manager to Start Own Macro Hedge Fund
Bloomberg – Yip Ka-hay, the first Asia-based manager hired by Steven Cohen’s $15 billion SAC Capital Advisors LP, plans to start a macro hedge fund in July to trade currencies, interest-rate securities and equity indexes in the region. Yip, the […]