Monthly Archives: May 2015
“Bloody April” For Odey European Fund
New York (HedgeCoVest.Com) – Crispin Odey revealed that his main Odey European Fund experienced a loss of 19.3% during the month of April. The performance was disclosed in a letter to investors according to the Wall Street Journal.The loss marks […]
SEC: A “Fox In The Henhouse” Compliance Officer Stealing From His Own Hedge Fund
New York (HedgeCo.Net) – A Long Island man has been accused of stealing from hedge fund brokerage firm Trident Partners. While working as the director of compliance, the SEC alleges that William Quigley opened three brokerage accounts to misappropriate investor […]
These tech stocks unseated Apple in hedge-fund manager Daniel Benton’s portfolio
Market Watch – Daniel Benton’s Andor Capital Management has filed its 13F for the reporting period of March 31, with the investment manager boasting an equity portfolio of $1 billion as of the reporting date. One of the major moves […]
Billion-Dollar Hedge Fund Managers Command 92% of Fund Assets
Think Advisor – The global hedge fund sector grew to nearly $3.2 trillion in the first quarter, managed by 5,122 single managers, according to a new report from Preqin, the alternative investment data provider. But just 11% of those managers […]
Ex-Hedge Fund Trader Martoma Tries New Tack to Overturn Conviction
India West – Mathew Martoma, an Indian American former hedge fund trader who is serving nine years in prison for carrying out the most lucrative insider trading scheme in history, said he should be freed after an appeals court tossed […]
All Six Mock Portfolios Outpace Overall Market
New York (HedgeCoVest.Com) – The S&P gained 0.16% last week and that was the fourth straight week of gains for the index. The portfolios on the HedgeCoVest platform did well last week as well as all six of the mock […]
HedgeCoVest Model Takes Advantage of Oil Rally
New York (HedgeCoVest.Com) – One of the biggest stories within the investment industry over the past year has been the tremendous decline in oil prices. From the high last June to the low in March, the price per barrel of […]
Wall Street & Democrats: A Love/Hate Relationship
New York (HedgeCoVest.Com) – In a feud that seems to have been going on as long as the feud between the Hatfields and McCoys, several major Democratic politicians have taken up the next battle between Wall Street and the Democratic […]
Wealth Concentration Exists In Health Fund Industry As Well
New York (HedgeCoVest.Com) – One of the hottest topics among the political crowd is income inequality or wealth concentration. It has already become a rallying cry for several of the candidates in the 2016 Presidential election. The discrepancy between what […]
Goldman Releases List Of Most Commonly Shorted Stocks
New York (HedgeCoVest.Com) – Goldman Sachs released its list of most commonly shorted stocks by the hedge funds that are clients of Goldman. The list was part of the Hedge Fund Trend Monitor that the company produces. As of March […]
Hedge Fund Philanthropy: Hungarian Novelist Wins Man Booker Award
New York (HedgeCo.Net) – Innovative Hungarian writer László Krasznahorkai has won the sixth Man Booker International Prize for his novel “The Melancholy of Resistance”. The award ceremony took place at the Victoria and Albert Museum in London. “We are very […]
Macro strategies in favor with largest hedge fund investors
Pensions & Investments – Preqin says nearly half of hedge fund searches among the largest investors in such vehicles are currently focused on macro strategies. The research provider says political tensions and significant economic events (such as the end of […]