Monthly Archives: April 2013
Commentary: Hedge funds are often overhyped and underperforming
MarketWatch – If you’re the sort of investor who chases hedge funds, marking your calendar for the next disclosure of holdings from David Einhorn or John Paulson, you can quit reading. Almost nothing that follows is going to get through […]
Hedge Fund Redemptions Rise on Cyprus Crisis
CNBC – Investors took more cash out of hedge funds than they put in over the past month, when a banking crisis in Cyprus caused wobbles in financial markets. Hedge fund administrator SS&C GlobeOp’s Capital Movement Index, which tracks monthly […]
Hedge Fund Industry Underperforms S&P 500 in February
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research have reported that hedge funds took in a net $11.4 billion (0.6% of assets) in February, building on an inflow of $4.3 billion in January. The results are based on data […]
Herbalife trading halted after auditor KPMG reveals alleged insider trading
Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday. Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company […]
Blackstone, Canyon, Fortress Nominated For Hedge Fund Industry Award
New York (HedgeCo.Net) – Institutional Investor magazine’s announces 65 manager nominees in 14 categories in its 11th Annual Hedge Fund Industry Awards. The awards recognize the hedge funds, funds of hedge funds, seeder firms, investment consultants, endowments, foundations, family offices, […]
California bill: No tax breaks if your group is against gay, transgender or atheist members
AP – California lawmakers are considering taking some tax exemptions away from youth groups that do not accept gay, transgender or atheist members — a move intended to pressure the Boy Scouts of America to lift its ban on gay […]
How Hedge Funds Are Slowing JOBS Act Rules for Small Businesses
BusinessWeek – When President Barack Obama signed the Jumpstart Our Business Startups Act into law one year ago today, his goal was to make it easier for small businesses and entrepreneurs to raise capital. Supporters of the JOBS Act are […]
Hedge funds that revise returns underperform, says report
Investments & Pensions Europe – A new report has cast doubt on the reliability of hedge fund performance information voluntarily disclosed by the industry. Furthermore, the report said hedge funds that had previously revised returns were more likely to underperform funds that had […]
HedgeCo Networks Hires Senior TradeStation Technologist to Boost Technology Team
HedgeCo (West Palm Beach) – HedgeCo Networks named Chris Evans, former VP of Product Stategy at TradeStation, as Director of Systems Engineering at HedgeCo. Mr. Evans is joining the West Palm Beach office and will be focusing on HedgeCo’s new […]
Bruce Lipnick From Asset Alliance Announces Firm Entry Into Crowd Funding
New York (HedgeCo.Net) – Bruce Lipnick, Founder, Chief Executive Officer and Chairman of the Board of Directors of Asset Alliance Corporation, announced at a conference on Crowd Funding the entry of his company into the Crowd Funding business in the US and internationally. […]
SEC Puts Hedge Fund Managers on Notice Regarding Compensation Arrangements for Sales
In a speech before the American Bar Association’s Trading and Markets Subcommittee on April 5, 2013, David Blass, the Chief Counsel of the Division of Markets and Trading, put hedge fund managers and private equity fund managers on notice that they may […]