Monthly Archives: August 2013
Fiduciary Duty Claims Against Hedge Fund Managers and How to Avoid Them
New York (HedgeCo.Net) – On Wednesday, Zachary Newman and Jonathan Proman, from Hahn & Hessen’s Litigation Department released a white paper which provides an overview of what every hedge fund manager should know about Fiduciary Duty case history. Using recent […]
Hedge fund Karsch Capital to shut down after 13 years: letter
Reuters – Hedge fund manager Michael Karsch is shutting down his 13-year-old firm, Karsch Capital Management, in order to “think about the next chapter” of his career. “I have decided to return capital to investors at the end of the […]
Timothy Geithner To Speak At Asia Hedge Fund Event
New York (HedgeCo.net) – Hedge fund giant SkyBridge Capital is hosting the second annual SkyBridge Alternatives “SALT” Asia Conference. Timothy Geithner , 75th United States Secretary of the Treasury, will be speaking at the event along with other hedge fund luminaries. The conference will take place at […]
Franklin Templeton Investments announces new currency hedged global bond fund for Canadians
Franklin Templeton Investments Corp. today announced the launch of Templeton Global Bond Fund (Hedged) for investors looking to minimize the effects of currency fluctuations on their global fixed income investments. “Canadians are looking for yield and diversification in their fixed […]
Hedge fund group forms advisory board
Stamford Advocate – The Hedge Fund Association, a global booster for the exclusive corner of high finance, announced Wednesday it had launched an academic advisory board designed to drum up support for the industry across this country’s university campuses. The five-person […]
Legal Giants Wage War Over Role Of Activist Investors (A.K.A. Hedge Funds)
Forbes – In one corner there is the brilliant octogenarian Martin Lipton, founder of one of the nation’s most powerful and influential law firms, Wachtell, Lipton, which made it’s name in the giant merger and acquisition battles of the past […]
Hedge Funds: Great with small caps, not shorts
MarketWatch – So far this year, the 30 most widely shorted stocks from the beginning of 2013 — as measured by the number of shares short as a percentage of the float — have returned 34%, outperforming the S&P 500 […]
In N.Y. Mayoral Race, Small Checks From Hedge Fund Giants
NYT – Hedge fund titans are making a $170,336 bet that Christine C. Quinn is the best candidate to run New York. Ms. Quinn, a Democrat and the City Council speaker, has received that amount in donations from the hedge fund industry. […]
Morningstar Hedge Fund database, rose 1.1% in July
Morningstar, Inc., a leading provider of independent investment research, today reported preliminary hedge fund performance for July 2013 as well as estimated asset flows through June. The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge […]
People Moves: Investcorp Hires Former Lehman, Goldman, Credit and Equity Hedge Fund Specialist
New York (HedgeCo.Net) – Investcorp’s US-based hedge fund business has hired Elena Ranguelova as Head of Credit and Equity Strategies, the WSJ reports. “Ms. Ranguelova will be responsible for supporting the growth of both investments in emerging managers and the […]
Five Ways Hedge Funds Brace for a Stock Market Crash
24/7 Wall St – Investors almost always worry about a stock market crash, but when headwinds start to look stronger than the positive forces, they really start to worry that the rug can get yanked right out from under them. Perhaps […]
Hedge Funders Are All a Little Nuts
WSJ – Hedge funders are in the news. Carl Icahn tweets about his dinner with Apple’s Tim Cook. Dan Loeb tussles with George Clooney. Bill Ackman says Herbalife is a pyramid and shorts the stock; George Soros goes long. If […]