Author Archives: the HedgeCo News Team
Hedge Funds Max Out on China Short Plays
WSJ Blog: Shorting U.S.-listed Chinese companies is so yesterday. That’s the opinion of some hedge fund managers who’ve made money and are struggling to place fresh bets. Chinese firms listed in the U.S. have made headlines in recent months amid […]
NY Teachers fund puts hedge funds on hold
HFMWeek: The $42.3bn Teachers’ Retirement System of New York has shelved plans to invest in the hedge fund space, HFMWeek has learned. The investment board, which has been discussing potential changes to the retirement system’s asset mix, had previously been […]
Brevan Howard Bets Against Euro as Greece Comes to Pivot Point
Wall Street Journal: Brevan Howard Asset Management LLP, one of Europe’s biggest hedge funds, is betting against the euro as Greece’s debt crisis nears a boiling point. The London-based firm, which manages over $32 billion in assets, recently purchased put […]
SEC recovers millions in hedge fund Ponzi case
WASHINGTON (Reuters) -U.S. securities regulators said they have recovered $229.4 million from an offshore fund held by a Connecticut-based hedge fund whose manager pleaded guilty this year to running a Ponzi scheme. The Securities and Exchange Commission said in a […]
Judge approves Dodgers’ hedge fund loan
MBL.com: LOS ANGELES — A bankruptcy judge on Tuesday granted interim approval of $150 million of hedge fund financing arranged by Dodgers owner Frank McCourt so the team can cover this week’s player payroll and all financial obligations through the […]
Alpha Is About Much More Than Just Generating Returns
When people use the term “Alternative Investments”, they generally refer to hedge funds and private equity. A hedge fund is loosely defined as a pooled vehicle which purports to deliver returns which do not follow the traditional asset classes such […]
Pictet offers long/short Asian equity Ucits hedge fund
Pictet Funds, the fund distribution arm of Swiss private bank Pictet & Cie, is launching the Pictet Total Return-Mandarin Fund, a Luxembourg-domiciled Ucits III long/short Asian equity hedge fund. The fund will be managed by Lan Wang Simond, who has […]
SEC sets its sights on Vision Capital
(Reuters) – Vision Capital Advisors, a $600 million hedge fund led by two visually impaired managers, is under investigation by U.S. securities regulators, according to a confidential document reviewed by Reuters. In a wide-ranging investigation, the Securities and Exchange Commission […]
Former ACPI Officer Sues U.K. Hedge Fund for Underpaying Bonus, Bullying
Bloomberg – The former chief investment officer of ACPI Investments Ltd.’s fund-of-hedge-funds business sued the firm for underpaying his bonus and claimed he was bullied by management. Stephen Greene, who joined ACPI’s predecessor in early 2008 as a partner, said […]
Hedge fund boss bags Hollywood role in Gekko sequel
LONDON, Sept 22 – Hedge fund managers are well known for extracting huge fees from their wealthy investors. Relatively few have landed a role in a client’s Hollywood blockbuster. However, Christian Baha, head of $1.2 billon hedge fund group Superfund, […]
Hedge Funds Need to Register With SEC
Wall Street Journal: Hedge funds are about to come out of the regulatory shadows. The Senate and House versions of the bill require all hedge-fund advisers over a certain size to register with the Securities and Exchange Commission. That would […]