Monthly Archives: May 2014
India-focused hedge fund backed by Goldman exec hits $500 million in assets
Reuters – Steadview, an India-focused hedge fund seeded by Goldman Sachs (Asia) chairman Mark Schwartz, has made 12 times the returns of peers with bets on consumer and tech stocks, helping the fund grow its assets to $500 million in […]
Grandma Gets to Play Hedge Fund With New Credit Swap ETFs
Bloomberg – If your grandmother wants to bet her savings on a bundle of credit derivatives, it’ll be easy for her to do so through a new swath of exchange-traded funds. The ETFs may not have been created with her […]
Financial Fads-Hedge Funds Anyone?
Forbes – Fads are nothing new—they come and they go. We’re drawn to THE new trendy and hot restaurant, bar, travel destination, fashion—whatever is of the moment. And this extends to the right place to invest our money. Financial fads […]
Andrew J. Bowden: Spreading Sunshine in Private Equity
Since the beginning of the millennium, the private equity industry’s assets under management, defined as the uncalled capital commitments plus the market value of portfolio assets, have increased year after year. With the industry-wide portfolio value increasing steadily, and dry […]
Hedge Fund Compliance: SEC Speaks on Private Equity Violations
New York (HedgeCo.Net) – Andrew Bowden, Director of OCIE (the SEC Office of Compliance Inspections and Examinations), recently shared some examination findings in a presentation to the PEI Private Fund Compliance Forum, hedge fund industry expert FrontLine Compliance reports. This was […]
No, Hedge Funds Aren’t Hijacking Peer To Peer Loans, Says Lending Club CEO
Forbes – Are the pros pushing the peers out of peer to peer lending? These hot marketplaces that let people act like banks, lending extra cash to people who need it, have been growing in popularity over the last few […]
Coin Capital Management: New Bitcoin Hedge Fund To Launch This Week
Coin Report – This week, a new bitcoin hedge fund called Coin Capital Management will be launching. The fund will buy and hold onto the digital currency in a grade A institutional environment. Managing partner and founder of the New […]
Hedge Fund Returns Are Falling Because Hedge Fund Returns Used To Be Just Great
Forbes – Dam McCrum over at FT Alphaville has a look at why the top hedge fund managers are making so much darn money. I don’t disagree with anything he says I just want to pick up on a point […]
Hedge fund faithful and Tony Blair head to Vegas
Gulf News – Tony Blair, Francis Ford Coppola and Mary Schapiro are just a few of the many high-profile names descending on Salt this week, the Las Vegas conference billed as the must-attend hedge fund event of the year. The […]
JPMorgan flagship hedge fund stalls
CNBC – One of the world’s largest hedge fund firms inside one of the world’s largest banks is stalling, underscoring the challenges faced by other increasingly large money managers. JPMorgan Chase’s asset management unit’s majority purchase of Highbridge Capital Management in […]
Growth ETFs Redeem $5.6 Billion since Start of April, while Value ETFs Issue $3.9 Billion
TrimTabs Investment Research reported today that there has been a massive rotation out of growth and into value this spring. Growth-oriented U.S. equity exchange-traded funds have redeemed $5.6 billion (4.6% of assets) since the start of April, while value-oriented U.S. […]
Hennessee Hedge Fund Index lost -0.64% in April (+0.79% YTD)
The Hennessee Arbitrage/Event Driven Index increased +0.11 % in April (+2.26% YTD). The Barclays Aggregate Bond Index gained +0.84% (+2.81% YTD) as interest rates were slightly lower for the month. High yield increased as the Merrill Lynch High Yield Master […]