Monthly Archives: August 2013
Why hedge-fund middlemen must adapt or die
Crain’s – Firms that invest in hedge funds on behalf of large institutions and wealthy individuals—an industry that got its U.S. start in Chicago more than 40 years ago—are recasting their businesses as clients unhappy with an extra layer of […]
20 Stocks Under The Control Of Hedge Funds
Business Insider – Goldman Sachs recently released its new “Hedge Fund Trend Monitor,” giving clients a glimpse into the investment moves and strategies by 708 of the world’s biggest funds. In the report, Goldman lays out the 20 most “concentrated” […]
Top Hedge Funds Using Exchange Traded Funds to Boost Gains and Lower Costs
24/7 Wall St. – The hedge fund industry sure seems and looks different now when compared to a decade or two ago. We recently wrote about how the 2% and 20% pricing strategy long imposed on hedge fund investors may […]
Hedge Funds Make Apple Top Pick as Main Street Sticks with Google
TheStreet – Hedge funds have made Apple (AAPL_) their top stock holding, surpassing Priceline (PCLN_), and Google (GOOG_) remains the top holding among mutual funds. Apple narrowly beat out Priceline and iPhone supplier Qualcomm (QCOM_) for first place among hedge […]
Hedge Fund Gold Bets Reach Six-Month High After Rally
Bloomberg – Hedge funds and other speculators raised bets on higher gold prices to the most in six months as signs of slowing U.S. growth drove bullion above $1,400 an ounce for the first time since June. The net-long position increased 29 percent […]
Hedge Fund Adviser Under Fire For Faking Algorithmic Currency Trading
New York (HedgeCo.Net) – A North Carolina-based investment adviser and its former owner are being looked at by the SEC after they were accused of misleading an investment fund’s board of directors in order to get approval to manage their fund. […]
Hedge Fund Veteran Goodridge Joins Phillip Futures
New York (HedgeCoNet) – Janet Goodridge has joined the Chicago office of Phillip Futures Inc., a member of the Singapore-based PhillipCapital, as Chief Compliance Officer. Launched in Chicago in 2010, PFI is the first U.S. entity for the privately owned PhillipCapital. Goodridge brings 26 years of […]
ThyssenKrupp talks with hedge funds on share issue
Reuters – German steelmaker ThyssenKrupp, which has said it risks breaching loan covenants, is in talks with hedge funds to persuade them to buy into an issue of new shares, two people familiar with the matter said. One of the […]
Hedge fund trackers shooting the lights out
Investment News – A pair of funds that track hedge fund filings are turning out to be much better at producing alpha than the real McCoys, but questions remain about how they will do if stocks head south. The $117 […]
Ex-Citi Emerging Markets Research Head Plans Hedge Fund
Bloomberg – Citigroup Inc’s former global head of emerging markets equity research, Rhys Summerton, plans to start his own hedge fund in September with at least $20 million of assets. Milkwood Capital Ltd. will be a global equity long and short […]
Family Offices Are Increasingly Cautious Of Hedge Funds
Hedge funds as well as pretty much all investment managers are recognizing the wealth – the liquid assets – controlled by family offices. Additionally, there’s a boom in the number of family offices making this cohort all the more attractive and […]
SEC gets tougher on Wall Street
CCTV – The hedge fund industry has been in the limelight recently—for all the wrong reasons. In a landmark deal, hedge fund billionaire Phil Falcone admitted he improperly used investor funds to pay his personal taxes in his settlement with […]