Author Archives: the HedgeCo News Team
Hedge fund Hayman Capital takes stake in GM
(Reuters) – Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker’s stock could rise more than 40 percent over the next 12-18 months after the U.S. Treasury sells its stake in the […]
European banks lean on hedge funds as recap gathers momentum
Reuters – European banks have turned to hedge funds to help them raise deeply subordinated hybrid capital in 2013, but the high risk nature of the asset class and potentially higher rates could pose problems further down the line. Hedge […]
Voices: Jeffrey Clark, Jr., on Protecting Clients from Hedge-Fund Pitches
Voices is an occasional column that allows wealth managers to address issues of interest to the advisory community. Jeffrey B. Clark, Jr. is managing director at Sendero Wealth Management in San Antonio, Texas. In September of this year, the SEC […]
Class-action suit seeks $50M from hedge fund manager
Cincinnati.com – A longtime Cincinnati money manager already targeted in several civil suits is also being sued in federal court on allegations he bilked about 200 investors out of more than $50 million. The class-action suit, filed Tuesday in U.S. […]
CGI Group falls as hedge fund manager takes short position
Financial Post – Shares of CGI Group Inc , the parent of CGI Federal – the main contractor behind the glitch-plagued Healthcare.gov – slid on Wednesday after prominent short-seller Jim Chanos placed a major short position, citing among various reasons […]
A Second Act for a Top Wall Street Strategist
NYTimes – J. Tomilson Hill was a well-known Wall Street deal maker in the 1980s, a skilled merger tactician whose work on the bidding war for RJR Nabisco earned him a role in the book “Barbarians at the Gate,” which […]
Critic Siedle asks SEC to investigate R.I. pension fund’s hedge fund investments
PROVIDENCE Journal — Following up on a scathing 105-page report, financial industry critic Edward “Ted” Siedle called on the U.S. Securities and Exchange Commission Monday to investigate “soaring investment fees” and possibly illegal investment practices that the state Employees Retirement […]
Hedge fund Taconic Capital co-founder Brody to retire
Dec 3 (Reuters) – Kenneth Brody, who co-founded Taconic Capital Advisors LP after spending decades at Goldman Sachs, told clients on Tuesday that he plans to retire from day-to-day management at the $8.2 billion hedge fund at the end of […]
‘Quant’ Hedge Funds: Computer Says No
Business Insider: Hedge funds looking to spot and ride market trends are hoping for a fresh start IF SOMETHING has not worked for five years, most people would conclude that it was broken. Tell that to the geeks managing “quant” […]
Hedge funds turn to “long-only” investing in bid to grow
(Reuters) – Half of hedge funds now sell products traditionally the preserve of mainstream asset managers such as “long-only” strategies, a study shows, reflecting how conservative investors have come to dominate the industry’s client base. Hedge funds have made their […]
Asset Alliance will co-host breakfast focused on Middle East Challenges for the United States
New York (Hedgeco.Net) – Asset Alliance along with First Wall Street and The Rand Corporation will host an intimate breakfast focused on the Middle East and the challenges for the United States. We will bring together regional experts to discuss […]
HedgeCo Networks Continues its National Growth with Three Additions to the Corporate Management Team
New York (HedgeCo.Net) – HedgeCo Networks, and the pioneering hedge fund data base (HedgeCo.net) are continuing to experience accelerated growth and expansion in naming Anthony Minissale as Corporate Director of Operations, David Schroeder as Chief Marketing Officer, and David Cabrera […]
