Monthly Archives: July 2013
Activist investors target UK oil and gas companies
Reuters – UK-listed oil and gas companies that have lost favour with mainstream shareholders are attracting investors who want to push bosses out, access their cash and force asset sales. The trend took root in the United States last year […]
Facebook’s Hedge Fund Problem
TheStreet – Facebook is in desperate need of a hedge fund spokesperson as the company’s shares remain mired well below a $100 billion valuation given to the social network in its May 2012 initial public offering. For the ordinary investor, or even a […]
For financial geeks, a do-it-yourself hedge fund site
Reuters – In the secretive world of hedge funds, algorithms are not shared because they provide the juice behind market-beating returns, and are a key reason why hedge funds charge their clients “two and twenty” – an annual fee equivalent […]
FRM leader in disposing of illiquid hedge fund assets
Risk.Net – Disposing of illiquid hedge fund assets is never an easy task. FRM’s transitions, workout and secondaries team has made a name for itself, successfully selling off over $1 billion of client assets. Who are you going to call […]
Investment Banks Eye ‘Hedge Funds for the Masses’
CNBC – Several investment banks are said to be eyeing the launch of hedge funds for retail investors with minimum investments as low as $1,000 following the launch of a Goldman Sachs fund in May that raised $58 million in […]
Prosecution Asks Judge To Hold Hedge Fund Manager’s $2 Million Tax Refund
New York (HedgeCo.Net) – A prosecutor has asked a federal judge to hold a convicted hedge fund manager’s $2 million tax refund in escrow pending his September sentencing for operating the largest Ponzi scheme ever investigated in Connecticut. “A federal […]
Local hedge fund offers investment workshops
Utah – The chaotic scene of the Wall Street trading floor usually enters the mind when thinking of high-dollar investors. Walking into the Sax Angle Investment Partners office, a long-short equity hedge fund, the lounging chocolate lab, Lola, greats you […]
A Hedge Fund Has Taken A Position In Billabong As A Lot Of Big Names Sell Out Of It
BusinessInsider – Reported by the Australian Financial Review, hedge fund Centerbridge Partners has bought $80 million worth of Billabong debt from Westpac and HSBC. According to sources quoted in the article, it is likely to be an opportunistic purchase, and […]
Anand outlines current state of play in hedge fund merger and acquisition activity
Opalesque – Speaking at the London Emerging Manager Forum, Ravi Anand, head of corporate finance at Dexion Capital said that the hedge fund industry has been evolving and changing a great deal over recent years, running in parallel with private equity. Anand said that […]
Hedge Funds Cut Gold Bets as Goldman Lowers Outlook: Commodities
Bloomberg – Hedge funds cut wagers on a gold rally to a five-year low as a record quarterly drop drove prices below $1,200 an ounce for the first time since 2010 and Goldman Sachs Group Inc. forecast more declines. Money […]
Ex-UBS Trader’s MST Turns to Wealthy Investors for Hedge Fund
Bloomberg – MST Capital Pty, run by Sydney-based former UBS AG (UBSN) trader Gerard Satur, raised A$10 million ($9.1 million) from wealthy investors for a global macro strategy that will start today. The strategy, Baruch Global Macro Fund, will shadow the strategy […]
Hedge Funds: How They Invest Their $2.4 Trillion War Chest
Forbes – A well-balanced investment portfolio might contain a mix of stocks, bonds, cash, real estate and what are known in financial circles as “alternative investments.” This last mysterious category includes (among other exotica) 10,000 hedge funds now wielding nearly […]