Monthly Archives: August 2015
BlueCrest Sued in U.S. as Libor Fallout Ensnares Hedge Fund
(Bloomberg) – BlueCrest Capital Management was sued by a group of investment firms over claims an employee at the hedge fund run by billionaire Michael Platt conspired with banks to rig the Swiss franc Libor rate. The allegations closely follow […]
Hedge Funds Foiled By Europe’s Distorted Debt Market
(Reuters) Ultra-easy European Central Bank monetary policy is protecting the debts of some of the bloc’s weakest countries from attack by speculative hedge funds. Through a combination of low rates and bond purchases over the last four months, the ECB […]
Activist Hedge Fund ValueAct Takes Stake in AMEX
(Reuters) – Activist hedge fund ValueAct Capital Management LP has taken a stake in credit card issuer American Express Co (AXP.N), which is struggling with the loss of several co-branded tie-ups amid intense competition. Related Stories. The company’s shares jumped […]
Behind Enemy Lines: Foreign Hedge Funds Thrive In China
(Reuters) – Hundreds of foreign hedge funds and traders are working in a regulatory grey area in China, using speculative trading strategies that are complicating regulators’ efforts to calm the country’s turbulent stock markets. Interviews with more than a dozen […]
How Liquid Are Liquid Alternatives?
New York (HedgeCo.net) Liquid alternative mutual funds have seen explosive growth over the last five years and with good reason. The idea behind liquid alts is to offer the benefits of hedge fund strategies while eliminating some of the issues […]
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 […]
Big Difference in Commitment Of Traders For S&P and NASDAQ
New York (HedgeCo.net) – The latest commitment of trader’s reports on Friday showed that large speculators have differing opinions on two of the three main indices at this time. The mini S&P futures show a net short position of 116,649 […]
Madoff Criminal Case Finally Comes To An End
(HITC Business) In 1964, Irwin Lipkin became one of the first employees at a small New York trading firm called Bernard L. Madoff Investment Securities. Reuters reports that five decades later, Lipkin, 77, is set to be sentenced on Wednesday […]
This Brazilian Billionaire Could Make or Break Bill Ackman’s Latest Big Investment
(Business Insider) Activist investor Bill Ackman has made the food and beverage multinational Mondelez International his newest target. The hedge fund manager is likely to push for the company to cut costs or sell itself to a rival, according to […]
Billionaire Ken Griffin Might Bring Back The Hedge Fund IPO
(Forbes) Billionaire Ken Griffin has rebuilt his Citadel, the Chicago hedge fund firm that nearly collapsed during the financial crisis and now manages $26 billion. Now, Griffin is once again thinking about taking his hedge fund firm public. The Wall […]
Bank of America Tells Advisers To Exit Paulson Hedge Fund
(Reuters) Bank of America Merrill Lynch is telling its financial advisers to pull clients’ money from billionaire hedge fund manager John Paulson’s Advantage fund and said they are not permitted to put new money into one of his other portfolios. […]
Fund of Hedge Funds Outperforming Individual Hedge Funds
New York (HedgeCo.net) We have featured several articles about how the HedgeCoVest platform can be used to build a portfolio of hedge fund strategies, kind of like building your own fund of hedge funds. The benefits of building a fund […]