Monthly Archives: November 2013
Report on U.S. Portfolio Holdings of Foreign Securities at End-Year 2012
This survey measured the value of U.S. portfolio holdings of foreign securities at year-end 2012 as approximately $7.9 trillion, with $5.3 trillion held in foreign equity, $2.3 trillion held in foreign long-term debt securities (original term-to-maturity in excess of one […]
Hedge Fund compensation rises on record industry assets
Commodities – Hedge fund industry compensation rose for the 3rd consecutive year, as trends of increased investor visibility, organizational transparency, increased reporting requirements and role evolution accelerated on record industry assets. Average compensation rose between five and ten percent in […]
Hedge Funds Are Making Their Move Into Puerto Rico
New York (HedgeCo.Net) – After a huge plunge in Puerto Rico’s bond prices over the summer, hedge funds are desperate to get their foot in the door. Hedge fund investor Fairbridge Capital Partners has purchased the Puerto Rico based brokerage […]
ResCap Securities in Mongolia is the First Client to Use the Joint Offering
TOKYO – November 1, 2013 – Nomura Research Institute (NRI), Ltd., a leading provider of consulting services and system solutions, today announced that its subsidiary Nomura Research Institute Financial Technologies India Pvt. Ltd. (NRI FT India) has entered into a […]
Despite 22% Losses, Many Short Sellers Stick To Their Guns
ValueWalk – – This year has been a difficult one for shortsellers, but that has been the state of affairs for bearish investors for a long time. Following through with short bets to get to profits takes more patience than […]
Pimco’s Gross urges ‘privileged 1 percent’ to pay more tax
Reuters – Bill Gross, manager of the world’s largest bond fund, urged fellow members of the “privileged 1 percent,” earning the highest incomes, to support higher U.S. taxes on carried interest and capital gains to help the economy. Gross, co-founder […]
Hedge Fund Compensation On The Rise In 2013
FIN – As hedge fund industry assets have risen, so have paychecks: average compensation is up between 5% and 10% to date in 2013, according to new research from HFR and Glocap. The 2014 Glocap Hedge Fund Compensation Report found […]
Is Puerto Rico the next Detroit?
CNN – Puerto Rico has been called the next Detroit and the next Greece. It’s buried in debt and possibly teetering on the edge of bankruptcy. But that isn’t scaring away hedge funds. So-called vulture investors that buy the bonds […]
SAC Hedge Fund Insider Trading Professor Resigns
New York (HedgeCo.Net) – The Neurologist linked to the Alzheimer drug tests/hedge fund insider trading case, has resigned from his position at the University of Michigan. Professor Sid Gilman is accused of leaking data to SAC hedge fund trader Mathew Martoma. Gilman was paid […]
Porsche Seeks to Reverse Hedge Fund Suit Ruling in New York
BusinessWeek – Porsche SE is seeking to reverse a ruling that the carmaker must face a lawsuit by hedge funds accusing it of hiding a plan to corner the market in Volkswagen AG shares. Porsche today asked the New York […]
Swiss fear role as haven for secretive resource traders will cost the country
Guardian – There are no oil rigs on Lake Geneva but each year enough oil to meet Swiss needs 75 times over is traded electronically in the nondescript offices that hug the shore of the largest lake in the Alps. […]
Hedge Funds Find Tech Stocks in the Bargain Bin
BusinessWeek – Fans of tech stocks and train wrecks got to combine their interests in 2012, as several high-profile companies endured an awful year: Shares of Facebook are off 31 percent, Zynga is down 73 percent, and Groupon is at […]