Monthly Archives: May 2012
Facebook’s Hedge Fund Friend
Forbes – Mark Zuckerberg is making the rounds on Wall Street and as Facebook goes public he will increasingly be confronted with the fast-money hedge funds he appears to have tried to avoid. Hedge funds will play a big role in Facebook’s stock […]
Fund of hedge fund managers pushed out by schemes’ direct investment
Professional Pensions – Increasing direct hedge fund investment by UK schemes is driving fund of fund managers to become more like consultants, industry figures say. Campion Capital – a fund research and distribution firm – said the increasing number of schemes […]
HSBC names Melvyn Ford prime services head for Asia
Reuters – HSBC Holdings PLC named Melvyn Ford as head of prime services in Asia on Thursday, part of a plan to expand offerings to the region’s $141 billion hedge fund industry. The bank rolled out its prime business, which […]
Hedge funds seek big win in Vegas
Hedge funds had one of their worst years ever in 2011, but that hasn’t fazed the pied piper of the industry: Anthony Scaramucci. NYP – “The Mooch” is the founder of $6.2 billion SkyBridge Capital and the annual SALT conference […]
Ex-Deutsche Securities Banker Plans Commodities Hedge Fund
Bloomberg – Ryo Ishiyama, a former Deutsche Securities Inc. banker, plans to start a hedge fund investing in global commodities futures as early as July using a strategy he employed on his own personal investments. The hedge fund will employ […]
Facebook’s Hedge Fund Friend
Forbes- Mark Zuckerberg is making the rounds on Wall Street and as Facebook goes public he will increasingly be confronted with the fast-money hedge funds he appears to have tried to avoid. Hedge funds will play a big role in Facebook’s stock after […]
Hedge funds may be allowed direct access to China markets
Money Control – A proposed plan by China’s regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia’s biggest capital markets to the USD 2 trillion industry. China […]
Hedge Funds Experience Pull Back as Concerns about Euro Zone Grow
New York (HedgeCo.net)– Hennessee Group LLC, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index declined -0.38% in April (+4.02% YTD), while the S&P 500 fell -0.75% (+11.16% YTD), the Dow Jones Industrial Average increased […]
Robin Hood Foundation Looks at Returning Veterans
eVestment – The usually reclusive Steven Cohen appeared at an event Monday that looked at the problems facing military veterans returning to civilian life. The head of hedge fund SAC Capital Advisors spoke at the Robin Hood Foundation’s Veterans Summit, […]
D.E. Shaw to Start Fund to Buy Europe Bank Loans, Mortgages
Bloomberg – D.E. Shaw & Co., the $26 billion New York-based hedge fund that uses computer models to pick trades, plans a fund whose investments will include European loans. The Alkali Fund, which will start in July, will invest in […]
Merger-Arbitrage Hedge Funds Declined In April Despite M&A
Dow Jones – April was the most active month for U.S. mergers and acquisitions since October, but hedge fund managers failed to take advantage of the increase in deal activity. Managers who trade on deal news, and other corporate developments […]