Author Archives: the HedgeCo News Team
Hedge Funds Racing Oil Refiners to $100 a Barrel: Energy Markets
Bloomberg: Hedge funds and refiners vied to buy oil futures last month, pushing crude to the highest level since September, as the U.S. added jobs and expanded manufacturing while the government said fuel demand will rebound this year. Money managers […]
‘Wall St.’ flees NY for tax-free Fla.
NY Post – The city’s hedge-fund executives are flying south — and it’s not for vacation. An increasing number of financial firms, especially private equity and hedge funds, are fed up with New York’s sky-high city and state tax rates […]
Hedge Funds Are Buying These 8 Rallying Technology Stocks
Seeking Alpha – Do you like to follow smart money buying trends? If so, you may be interested in a screen we ran for a look at stocks currently favored by smart money institutional investors. We began by screening the […]
Hedge fund managers forecast stock market gains at conference
CNBC Business News – BOCA RATON, Florida Jan 22 (Reuters) – After years of favoring fixed income, investors are ready to put their money back into equities and they might be rewarded with strong returns, especially in U.S. stocks, hedge […]
New Jersey hedge fund manager Tepper says U.S. on ‘verge of greatness’
Bloomberg News – David Tepper, the hedge-fund manager who runs the $15 billion Appaloosa Management LP, said he’s bullish on U.S. stocks as the economy is set to grow by as much as 3 percent this year. “This country is […]
News Ex-Citadel managing director’s structured credit hedge fund secures seed deal
Hedge Funds Review – Grosvenor Capital Management has committed $85 million in seed capital for a structured credit hedge fund started by a group of former Citadel executives. Continuum Investment Management expects to launch its maiden hedge fund on February […]
Galena Energy Hedge Fund Chief Lixi Said to Leave Company
Bloomberg – Claude Lixi, the head of Galena Asset Management Ltd.’s energy hedge fund, left the London-based company, according to two people with direct knowledge of the departure. The people didn’t say whether he resigned or was fired, and asked […]
New hedge fund bucks trend with fees cut
Financial Times – One of the UK’s fastest-growing hedge funds is slashing its fees, in a move that it hopes will spark a rethink of the industry’s notoriously high charges. The new Core Macro fund being set up by Cambridge-based […]
Hedge Funds Raise Brent Crude Net-Longs to Nine-Month High
(Business Week) Hedge funds and other money managers raised bullish bets on Brent crude to the highest level in nine months, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered […]
Hedge Funds Are Buying Arena Pharmaceuticals, Should You?
(Seeking Alpha) The biotechnology industry can be a difficult space to consistently pick winners. With so many companies claiming to have found the next best medical treatment, investors must look closely at the science and the underlying fundamentals of the […]
Hedge funds to see brighter opportunities in 2013
(Pension and Investments) The new year is expected to be one of changes that will provide hedge fund managers with opportunity for better performance and new inflows from fresh sources. But lower revenues might result as institutional investors successfully push […]