Monthly Archives: May 2015
Annual Barron’s Hedge Fund List
New York (HedgeCo.net)- The annual Barron’s Hedge Fund List was released over the weekend and for the second straight year, Glenview Offshore Opportunity Fund came in at number one. The fund managed by Larry Robbins accumulated a three-year annualized gain […]
Hedge Funds Reach Nearly $2.2 Trillion
New York (HedgeCo.Net) – Hedge funds returned $59.5 billion in performance-based gains for the first quarter of 2015, their highest Q1 gains on record since 2006 which brings the total industry AUM to a record high of nearly $2.2 trillion, […]
Barclays’ Hedge-Fund Financing Unit Feels Executive Churn
WSJ – Several executives in Barclays PLC’s hedge-fund financing unit are leaving to join other firms, the latest sign of churn in global prime-brokerage ranks as banks realign their businesses under new regulatory constraints. Mark Bailey, the global head of […]
Blackstone Said to Sell 25% of Eircom to Hedge Fund Anchorage
Bloomberg – Anchorage Capital Group LLC, a New York-based hedge fund, bought most of Blackstone Group LP’s stake in Eircom Group amid the Irish phone company’s rejection of a multibillion-dollar buyout offer. Blackstone sold a stake of about 25 percent […]
Prudential Starts Retail Hedge-Fund Wager at Quantitative Unit
Bloomberg – Prudential Financial Inc. the second-largest U.S. life insurer, is introducing a product to allow retail investors to bet with strategies favored by hedge-fund managers. The Global Tactical Allocation Fund can invest in commodities and currencies in addition to […]
Who Else Spilled Secrets at Hedge-Fund Party?
Bloomberg – On Monday evening, European Central Bank board member Benoit Coeure told a closed-door reception for hedge-fund traders, economists and fellow central bankers that the bank would probably accelerate bond-buying this month and next, ahead of an anticipated summer […]
Hedge Fund Diners Get ECB’s Market-Moving News Hours Early
Bloomberg – On Monday evening, Benoit Coeure told a room of bankers and hedge-fund managers in London that the European Central Bank will front load its asset-buying program before a summer lull. The next day, the rest of the market […]
High Fees? HedgeCoVest Has The Solution
New York (HedgeCo.Net) – One of the best things about the fee comparison tool is that it allows you to adjust the GAR to show the difference in fees at different return levels. Because of the incentive fee of 20%, […]
New Models On HedgeCoVest
New York (HedgeCo.Net) – HedgeCoVest is always looking for new models to add to the platform. We want investors to have as many options as possible, but we also want the models to be the best available. As a result, […]
Poisoning Suspected In Death Of Second Hedge Fund Lawyer
New York (HedgeCo.Net) – Alexander Perepilichnyy, a Russian whistleblower who died in 2012 of “natural causes,” has been found to have “traces of a rare plant poison in his stomach,” a pre-inquest hearing reported. Perepilichnyy had received death treats after reporting that money […]
A $200 Million Hedge-Fund Trade in Your Bond ETF Is Normal Now
Bloomberg – Don’t be surprised if you see a huge chunk of cash simply evaporate one day from your exchange-traded bond fund. There’s a good chance it’s just a hedge fund cashing in on a bet. An example of this […]
Billionaire hedge-fund manager says Uber told him it might cut driver pay ‘because we can’
Business Insider – Some of Wall Street’s hedge-fund community is becoming increasingly vocal about a serious problem with corporate America. Mike Novogratz, president of $70 billion investment fund Fortress Investments, gave a perfect illustration of this problem on Sunday’s episode […]