Monthly Archives: August 2013
CoPiloted launches to bring hedge fund techniques to your 401(k)
Biz Journal – Boston startup CoPiloted has launched a new service which aims to provide sophisticated investing advice — the sort typically reserved for the most wealthy — to people of more average means that are saving for their retirements. Using technology […]
Man Shuts Down Offerings Linked to Hedge Fund AHL
New York (HedgeCo.Net) – The world’s largest publicly traded hedge fund manager, Man Group Plc, has decided to shut down offerings that have connections to it’s largest hedge fund, AHL, Bloomberg reports. “The company decided this month to shut Man Vision […]
Merkel Wants G20 To Regualate Hedge Funds
Market Pulse FX – German Chancellor Angela Merkel told voters at an election rally that she’ll push for greater regulation of hedge funds at next month’s Group of Twenty meeting. Addressing a crowd of about 2,000 in the Rhine city […]
EM currency turmoil reflected in hedge fund performance and flows
Risk.net – Institutional investors may start pulling back from emerging market-focused hedge funds as performance figures in July show a mixed story for the sector as a whole. Flows have slowed significantly Turmoil in emerging market currency markets is reflected […]
Loeb’s Activist Hedge Fund Acquires 5.7% Stake in Sotheby’s
New York (HedgeCo.net) – A new filing with the SEC shows that Daniel Loeb’s $14 billion hedge fund Third Point LLC spent over $156 million on the acquisition of a 5.7% stake in Sotheby’s. The well known activist hedge fund Third […]
Tips For Investors: Rapoport on Hedge Fund Advertising
New York (HedgeCo.Net) – Dian Vujovich at the Palm Beach Daily News writes about the recent changes to the Securities Act of 1933, which allows hedge funds to raise money through general solicitation and advertising to the public. US hedge funds are, for […]
Hedge funds’ interest in reinsurance roils markets
Pensions & Investments – A small increase in allocations from institutional investors — mostly through hedge funds — is playing havoc with the property-catastrophe reinsurance markets. “Fifteen years ago, the catastrophic reinsurance market was close to 100% dominated by traditional […]
Mixed picture emerges on hedge fund fee structures
Risk.Net – Hedge fund management fees on average are rising while incentive fees fall. However, FoHF performance fees are rising as management fees drop, according to a fee structure study by eVestment Average hedge fund management fees have increased due […]
Hedge Fund Chief Dumps JCPenney for $490M Loss
Newser – After buying a huge stake in JCPenney and backing a disastrous revamp that has left the chain floundering, Bill Ackman has decided he’s done with the company. The Pershing Square hedge fund Ackman runs has announced its intention […]
Hedge Fund 75-Cent Aussie Call Draws Investors: Australia Credit
Bloomberg – European investors are backing Excalibur Funds Management Pty’s call for the Australian dollar to slump to 75 U.S. cents, reflecting record bets from speculators on declines in the currency. Institutional investors placed $200 million with the Sydney-based hedge fund’s Australian […]
IndexUniverse and Brown Brothers Harriman Launches an “Annual Advisor Survey”
IndexUniverse—the leading independent authority on exchange-traded funds (ETFs), indexes, and index funds—and Brown Brothers Harriman—one of the market leading ETF custodians and administrators with $170 billion in ETF assets—announced today that it will publish its first “Annual Advisor Survey” in […]
“Vulture” Hedge Funds Getting Ready to Swoop On Detroit
New York (HedgeCo.Net) – Some major hedge funds are focusing on Detroit, looking for ways to profit from the city’s distressed debt, according to an article from the Detroit Free press. Vulture fund is a term commonly used to refer to a private […]