Monthly Archives: August 2014
Goldman Sachs’ 50 Stocks That Matter Most to Hedge Funds
The Street – Recently, Goldman Sachs released their quarterly Hedge Fund Trend Monitor report. To compile the report, Goldman analyzed 775 hedge funds with $1.9 trillion of gross equity positions ($1.4 trillion long and $666 billion short) at the start […]
Brazil Candidate Neves Wants Hedge Fund Manager as His Finance Minister
Telesur – Conservative Brazilian presidential candidate Aecio Neves announced on Wednesday that he would tap a former hedge fund manager as his finance minister should he win the country’s upcoming election. Neves said during Wednesday night’s televised presidential debate with President […]
BNY Mellon Loses Argentina Trustee Role, Sued by Hedge Funds
Zacks – The Bank of New York Mellon Corporation (BK – Analyst Report), the center of legal dispute that pushed Argentina to default for the second time in 13 years, is no longer authorized to operate in the country. The […]
Hedge funds investing in India turn top performers
Singapore: Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third- largest economy. The funds investing in the South Asian nation have returned 26% this year […]
Illinois Teachers maps out 2015 real estate, hedge fund deployments
P&I – Illinois Teachers’ Retirement System, Springfield, plans to deploy a total of at least $1 billion with real estate and hedge fund managers in the fiscal year ending June 30, 2015. Trustees of the $45.3 billion pension fund approved […]
Top Hedge Funds In Q2: Citadel, Renaissance & Millennium Management
New York (HedgeCo.Net) – A review of 2014 Q2 13F filings by US-based pure play hedge funds show that information technology and healthcare stocks saw the largest growth in new hedge fund buying activity during Q2 2014, with Allergan and […]
Hedge Fund Mergers: Kanaly Trust Partners With Meritage Capital
New York (HedgeCo.Net) – $2 billion adviser and wealth management firm Kanaly Trust has partnered with Meritage Capital, a $1.1 billion SEC-registered investment adviser specializing in differentiated hedge fund solutions. “As Kanaly sees itself as a firm that listens to […]
Star trader Rokos slugs it out with hedge fund he co-founded
Reuters – Former Brevan Howard star trader Chris Rokos has stepped up his legal challenge to a partnership agreement imposing a five-year ban on him setting up in competition against the hedge fund firm he co-founded. The contractual dispute offers […]
CME says trading halt linked to software reconfigurations
Reuters – CME Group Inc., the world’s largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday [Aug. 25] because of a technical issue resulting from planned software reconfigurations. CME, which owns the […]
India Hedge Funds Perform Best Globally on ‘Modi, the Hero’
Bloomberg – Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. The funds investing in the South Asian nation have returned 26 percent this […]
Hedge fund riding to rescue of RadioShack
USA Today – RadioShack shares soared Tuesday when it appeared that the electronic retailers may be plugging into a lifeline. The electronics retailer is talking to a shareholder, hedge fund Standard General, about a rescue package that could prevent a […]
Retail investors pay price as hedge funds dominate ETFs
Hedge World – Junk-bond ETFs created for retail investors have been hijacked by hedge funds using them to make broad bets on bond prices, causing roller-coaster distortions in the high-yield market. Funds designed for retail investors have morphed into hedging […]