Monthly Archives: June 2015
Panic Sets In Among Hedge Fund Investors Remaining in Greece
(New York Times) For investors around the world looking at Greece, there was but one question Sunday: What is going to happen when the markets open? On Sunday night, the prime minister, Alexis Tsipras, said in a televised address that […]
Industry Survey Suggests Blended Portfolios On The Rise
New York (HedgeCo.net) – Citigroup recently released its sixth annual Industry Evolution Survey and the results showed that investment managers are working on portfolios that make use of new products and attempt to build dynamic portfolios that blend different asset […]
Baupost Betting Big On Energy
New York (HedgeCo.net) – Hedge fund manager Seth Klarman pointed out in a year-end letter to investors in the Baupost Group’s fund that he wasn’t seeing many bargains in the stock market with the exception of the energy sector. With […]
Greek Debt Crisis: Banks TO Remain Shut All Week
(BBC) The Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding.In a decree, it cited the “extremely urgent” need to protect the financial system due […]
Qbasis Gets $200 Million-Plus Investment in Black Swan Hedge Fund
(Reuters) A hedge fund that more than doubled clients’ money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment […]
Private Equity Firms Get Cybersecurity Wake Up Call
(Buyouts Insider) Private equity professionals who thought they had cybersecurity risks under control may be in for a jolt after this week’s release of the summer 2015 edition of Connections in the Middle Market, produced in partnership by law firm […]
Why A Hedge Fund Manager Is Betting Big On Fannie Mae And Freddie Mac
(Motley Fool) Over the past year and a half, famed activist investor Bill Ackman has built a massive long position in two of the most derided companies in the U.S.: Fannie Mae and Freddie Mac . These two government-sponsored entities […]
Elliot Continues Criticism of Cheil Industries Samsung Deal
(Reuters) U.S. activist hedge fund Elliott continued its public campaign against the proposed $8 billion merger of two Samsung Group companies on Friday, questioning the basis for the projected financial performance of the combined entity. To See this Article: www.reuters.com
Hedge Funds Seek Meeting With Puerto Rico Over Oil Tax Bond Deal
(Bloomberg) A group of hedge funds headed by Fir Tree Partners is seeking a meeting with Puerto Rico Governor Alejandro Garcia Padilla and senior officials at the Government Development Bank for Puerto Rico to discuss the potential sale of $2.9 […]
Four Newly Added HedgeCoVest Models Spark Changes In Portfolios
New York (HedgeCo.Net) Over the last month, there have been four new single-strategy models added to the platform the Maxwell Thacher US Equity Yield model, the Maxwell Thacher Global Opportunity model, the Ashbury Behavioral Long Short model and the Innovative […]
After A Closer Look Its Clear Not All Chinese Stocks Are Rallying
New York (HedgeCo.Net) The Chinese stock market has been all the rage for several months now and with good reason. Over the last year, the Shanghai Composite Index (SSEC) is up almost 150% over the last 12 months. This information […]
Legislation Proposed To End Tax Break For Hedge Funds
New York (HedgeCo.net) – With all the political rhetoric from the Democratic Party, you knew it was coming. On Thursday, Senator Tammy Baldwin, D-Wis. and House Ways and Means Committee ranking member Sander Levin, D-Mich, introduced legislation that would end […]