Monthly Archives: June 2016
Commodity Hedge Funds Get $5 Billion Embrace on Oil Gain
(Bloomberg) The rally in oil has given a fillip to long-suffering commodities hedge funds. After four years of hemorrhaging cash and clients, managers are once again making money and winning back investors. About $5 billion has coursed into the funds […]
Samsung Asset Management Plans Global Macro Hedge Fund
(Bloomberg) Samsung Asset Management, the South Korean manager that oversees $1 billion in hedge fund assets, will start a global macro fund next quarter as it seeks to diversify outside of its home market. The fund, yet to be named, […]
Nashville Firm Allegedly Schemed to Collect Extra Fees From Hedge Funds
(HedgeCo.Net) — The Securities and Exchange Commission today charged a Nashville, Tenn.-based investment advisory firm and its owner with scheming to collect extra monthly fees from a pair of hedge funds they managed. Examiners in the SEC’s Atlanta office detected […]
Managing SEC Examination Exit Interviews: How to Minimize the Impact of a Deficiency Letter
(Hedge Fund LCD) By all accounts—press releases issued by the Securities and Exchange Commission, speeches given by its commissioners and various department heads, along with the agency’s most recent performance reports—registered investment advisers are in the SEC’s examination crosshairs. The […]
Puerto Rico Creditors Said To Be Drawing Battle Lines As Default Looms
(Bloomberg) A group of more than 35 hedge funds has gone from standing ready to pour more than a billion dollars into cash-strapped Puerto Rico to preparing for battle against the island territory — and one another — in a […]
Wilbur Ross, Hedge Fund Greenlight Capital Still Holds Greek Exposure
(Reuters) Contrarian investor Wilbur Ross was sanguine about the situation in Greece, where he has invested heavily in one of the country’s largest banks. “We think eventually it comes around,” Ross said on CNBC Monday morning. Asked if that could […]
Advisors, Brokers Plan To Maintain Allocations To Alternatives
New York (HedgeCo.Net)The alternative investment industry seems to be in good standing with broker-dealer representatives and registered investment advisors, at least based on a recent survey from Pershing and Beacon Strategies, LLC. The survey polled 1,200 advisors about alternative investments […]
Are Investors Prepared For a Market Correction
New York (HedgeCo.net) – A recent Bank of America Merrill Lynch survey of the company’s money management clients indicates that fund managers are optimistic, but they are also the most cautious they have been in years. • 31% of those […]
Jim Rogers is Extremely Pessimistic
New York (HedgeCo.Net) Jim Rogers is a legend in the hedge fund industry, having cofounded the Quantum Fund with George Soros. Mr. Rogers also seems to have a different way of looking at things. He displayed that with his best-selling […]
Alternative Investment Growth To Boom In The Next Five Years
(Reuters) The alternative investment industry, which includes hedge funds, private equity and real assets, is expected to grow fivefold to at least $13.6 trillion in the next half decade, professional services firm PwC said in a report released on Sunday. […]
Jim Rogers Is Extremely Pessimistic
New York (HedgeCo.Net) Jim Rogers is a legend in the hedge fund industry, having cofounded the Quantum Fund with George Soros. Mr. Rogers also seems to have a different way of looking at things. He displayed that with his best-selling […]
U.S. Probes $12.7 Trillion Treasury Market
(Bloomberg) The U.S. federal probe that ended last month with guilty pleas and $6 billion in fines from global banks began with an open secret — that currency traders there could talk to each other to coordinate trades. Now, the […]