Monthly Archives: May 2015
Active vs. Passive vs. Hedge Funds
New York (HedgeCo.Net) – As the prominence of low-cost mutual funds and ETFs has grown over the last 30 to 40 years, so has the debate over whether passive management is better than active management heated up. Study after study […]
New York hedge fund buys RadioShack name, data for $26.2M
Biz Journals – New York hedge fund Standard General LP has been declared the winner in an auction for RadioShack’s name and other intellectual property. Standard General agreed to pay $26.2 million for the Fort Worth retailer’s trademark and customer […]
Santa Barbara-Based Hedge Fund Advisers Charged With Misconduct
New York (HedgeCo.Net) -California hedge fund adviser Alpha Titans LLC and two executives have been involved in improper allocations of fund assets to pay undisclosed operating expenses, the SEC said. Also charged was an accountant who conducted the outside audit […]
Northern Trust Hedge Fund Services Calls for Industry Standards in Reporting
New York (HedgeCo.Net) – Northern Trust Hedge Fund Services has issued a call to the hedge fund industry to adopt standards in reporting to better address demands from both investors and regulators. The recommendation follows a key finding from a […]
SS&C GlobeOp Hedge Fund Performance Index: April performance 0.34%
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2015 measured 0.34%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.92% in May. “May 2015 saw the […]
Hedge-Fund Manager’s Credibility Questioned in Russian Laundering Case
WSJ – Hedge-fund manager William Browder has long portrayed himself as a crusading financier seeking justice for the death of his associate Sergei Magnitsky, who was allegedly beaten to death in a Russian prison in 2009 after exposing a tax […]
Billionaire Paulson Said to Score Hedge Fund Wins in April
Bloomberg – Billionaire John Paulson’s hedge funds gained in April after successful wagers on energy, mergers and Greek banks. Paulson & Co.’s merger strategy, which comprises more than half of the firm’s $19.5 billion in assets, profited on potential takeovers […]
Obama Says Rich Hedge Fund Managers Should Pay Fair Share Of Taxes
ValueWalk – President Obama has been keeping the media spotlight on the plight of the poor in the U.S. over the last few weeks, and he again focused on the theme of income inequality at a panel discussion on poverty […]
Hedge Fund Manager’s Reputation (For Backyard Sex Parties) Precedes Him
DealBreaker – Marc Leder: the fun-loving Sun Capital Partners honcho also known as the “Hugh Hefner of the Hamptons” — has already scared some Sagaponack neighbors over the parties he’s planning at a massive, new, 8,000-square-foot mansion this summer. Hamptons […]
Hedge Funds Out Perform Market in April
New York (HedgeCo.Net) – After taking flack from investors as well as the press for a lackluster performance in 2014, the hedge fund industry seems intent on reversing that in 2015. So far in 2015, hedge funds are turning the […]
Thaler To Turn His $1.7 Billion Hedge Fund Into A Family Office
New York (HedgeCo.Net) – JAT Capital Management, a multi-billion-dollar global equity investment firm founded by John Thaler in 2007 is returning client money in order to turn his $1.7 billion hedge fund firm into a family office. “As I approach […]
Activist Hedge Funds: H Partners Wins Mattress Wars
New York (Hedgeco.Net) – The world’s largest bedding provider, Tempur Sealy, has acquiesced to pressure from Rehan Jaffer’s hedge fund, to remove Mark Sarvary as the Company’s President and CEO. Tempur Sealy also appointed one of Jaffer’s senior partners, Usman […]