Monthly Archives: April 2013
Fund Launch by ELK Capital brings Agency MBS to the Hedge Fund Market
New York (HedgeCo.Net) – Elk Capital Advisors, LLC a self-managed & self-advised firm announced the launch of their new MBS Income and Performance Fund. The new fund seeks to capitalize on current dislocations in the U.S. residential mortgage market by […]
Hedge fund manager Ackman says mistakes made in JCPenney turnaround
(Reuters) – Hedge fund manager William Ackman is turning up the heat on the man he handpicked to turn around struggling retailer JCPenney. The “criticism is deserved,” Ackman said on Friday of Ron Johnson, the former Apple executive who has […]
Hedge funds are lapping up candidates with near-zero experience
Quartz – Ten years ago, hedge funds were relatively unknown entities. Often they were made up of Wall Street vets who had tired of the corporate culture at big investment banks and saw opportunities to make more money by going […]
How Hedge Funds Are Slowing JOBS Act Rules for Small Businesses
Business Week – 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 […]
Deer Park Launches A New Hedge Fund
New York (HedgeCo.Net) – Deer Park Road Corp. is launching a new mortgage/asset-backed hedge fund, Burgess Creek Fund, after closing its flagship fund, STS Partners Fund, with $750 million currently under management. The new fund’s strategy will be similar to […]
$14 Billion Hedge Fund Stark Investments Is Liquidating
New York (HedgeCo.Net) – A long, slow fight against a steadily eroding asset base is coming to a close for Stark Investments, which is winding down all of its once-$14.45 billion in hedge funds, Absolute Return reported. The St. Francis, […]
Banks gone bad: Our evolved morality has failed us
New Scientist – We seem to be unable to punish bankers for their scandalous behaviour. That’s because our moral instincts can’t cope, says a professor of biological sciences and anthropology. ROB a bank and you risk a long stretch in […]
Treasury Announces $8.9 Billion Increase In Small Business Lending By Participants In The Small Business Lending Fund
The U.S. Department of the Treasury today released a new report showing that participants receiving capital through the Small Business Lending Fund (SBLF) boosted lending for the seventh straight quarter. In total, SBLF participants have increased small business lending by […]
EDHEC-Risk Institute: UCITS hedge funds underperform their non-UCITS rivals, shows new study
Bobs Guide – This new research is drawn from the Newedge research chair on “Advanced Modelling for Alternative Investments” at EDHEC-Risk Institute. UCITS hedge funds are typically more volatile and underperform their non-UCITS hedge fund rivals, a new comprehensive comparative […]
How A Hedge Fund Could Get Into The Bitcoin Game
Business Insider – Alternative currency Bitcoin has seen a spectacular rise lately. The digital, decentralized currency that first emerged in 2009 is now trading above $141. It was trading around $35 in early march. Read Complete Article
Hedge Fund Survey Shows Misconduct Believed to be Widespread
Compliance Weekly – A recent survey of hedge fund professionals indicates that misconduct is widespread in the industry, and that a very large percentage of professionals in the industry are prepared to report wrongdoing under a program such as the […]
Hedge funds: Where rules are made to be broken
FierceFinance – CIOs and their tech teams often think that they are responsible solely for keeping the lights on and the systems humming. But what about what happens on the trading floor? Does an IT staffer have a role in […]