Monthly Archives: September 2012
Study: Hedge Funds Could Contribute to Disruptions of the U.S. Financial System
New York (HedgeCo.Net) – According to a new study from the RAND Corporation, “Hedge Funds and Systemic Risk,” hedge funds were not a leading cause of the recent financial crisis, but they do have the potential to contribute to disruptions of […]
Highbridge hedge fund’s chief risk officer to step down
Reuters – The chief risk officer for Highbridge Capital Management’s hedge fund business is leaving the firm, two people with knowledge of the departure said on Wednesday. Subramanyam Venkataraman, who has worked at the $28 billion investment manager for nine […]
America’s Richest Hedge Fund Managers
Forbes – The hedge fund industry is going through tough times. The average hedge fund manager has been unable to beat the market for the last 20 months. But the rewards for those traders who make it in this business […]
Franklin Resources buys prominent hedge fund firm K2
Reuters – K2 Advisors became the latest fund of hedge funds to sell out to a much bigger rival, with a deal announced on Wednesday to sell a majority stake to Franklin Resources as investors’ appetite for alternative assets continues […]
Hedge funds face trial by market
FN – Hedge Fund Research’s benchmark composite index was up just 3.52% in the year to August 31, lagging far behind returns of 13.5% for the S&P 500 and not that far ahead of the 2.1% recorded by global government […]
Australia: BlackRock Wins Hedge Fund of the Year
New York (HedgeCo.Net) – Last night at the annual Cure Our Kids Australian Hedge Fund Awards in Sydney, BlackRock Australian Equity Market Neutral Fund received double honors winning the 2012 Australian Hedge Fund of the Year and Best Market Neutral Fund. […]
News Corp shareholders in US want to sue over phone hacking scandal
Guardian – Shareholders in Rupert Murdoch’s News Corp are asking a US court for permission to sue the firm’s board for failing to stop the phone hacking scandal. The shareholders asked Delaware judge John Noble on Wednesday to proceed with their case […]
Goldman’s Quants Court Advisors After Shutting Hedge Fund
Advisor One – A year after shutting its fallen-star hedge fund and replacing its quantitative investment strategies group head, Goldman Sachs Asset Management is back on track with a successful risk-management fund that targets RIAs as investors. The Goldman Sachs […]
eVestment|HFN Hedge Fund Survey: Consolidation A Key Trend
New York (HedgeCo.Net) – European economic challenges continue to weigh negatively on an otherwise positive year for hedge fund administrators, according to a new survey by eVestment|HFN. “The administration industry is feeling the effects of the European crisis,” said Peter […]
Hedge Fund People: Stephen Dedyo Joins Pyxis Capital
New York (HedgeCo.Net) – Stephen Dedyo has been hired as Managing Director and Head of National Accounts for hedge fund advisor Pyxis Capital’s distribution team. He will report to Brad Ross, President of the Dallas based company. Dedyo joins from Janus Capital […]
City Kills Plan to End Hedge Fund Tax Break
New York Observer – The New York City Department of Finance is backing off a proposed policy change that would have increased the tax liability of hedge funds and private equity firms, according to an article published by Tax Analysts. The […]