Author Archives: Editor
The Hedge Fund Deluge 2015?
Forbes – Many hedge fund managers received some gloomy news at the end of 2014. Apparently, the party was over. “Reputable sources” revealed that some unhealthy combination of pension fund withdrawals, lackluster performance, regulatory burdens or the advance of liquid […]
Hedge funds show appetite for Burger King/Tim Hortons merger
HedgeWeek – The financial and industrials sectors saw the largest amount of hedge fund buying activity in Q4 2014, with Industrials always being a net buy throughout the calendar year. That’s according to S&P Capital IQ’s latest Quarterly Hedge Fund […]
Former Tudor Partner Plans Asia Hedge Fund Backed by Temasek
Bloomberg – Allen Chu, a former partner of Paul Tudor Jones’s Tudor Investment Corp., plans to start his own hedge fund in Singapore in April, betting on rising and falling stocks in Asia. Aventia Master Fund, of which Chu is […]
More hedge fund investors head for the exits
CNBC – Investor requests to withdraw money from hedge funds rose this month compared with February 2014, data from SS&C portfolios showed on Friday. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal requests expressed as a percentage of […]
Man Group Expands GLG Hedge Fund Arm In Japan
New York (HedgeCo.Net) – Man Group is adding to its portfolio by acquiring the Tokyo based Japan Long Short Equity Strategy fund, the investment management business of NewSmith LLP, an equity investment manager with $1.2 billion of funds under management. […]
Hedge Fund Manager Sentenced To 5 Years For Scamming Veterans, Retirees, Hurricane Katrina Victims
New York (HedgeCo.Net) – A Louisiana hedge fund manager has been sentenced to sixty months’ imprisonment as a result of a mail fraud scheme in which he defrauded investors out of millions of dollars, the DOJ reports. Zachary Holdman was […]
PE jostles over Citi’s hedge fund admin unit
PE Hub – Citigroup’s decision to exit its hedge fund administration unit is drawing interest from private equity. Citi is advising on the sale of the hedge fund admin unit, several sources said. Interested bidders could include PE firms such […]
What tragedy? Hedge funds look to score on Greek recovery
HS – Greece is once again a bet reserved for the bravest of investors. After two years of relative calm, the election of the anti-austerity Syriza party in late January caused renewed volatility in local stock and bond markets. New […]
Hedge fund BlueMountain sends second default notice to Ocwen affiliate
Reuters – Hedge fund BlueMountain Capital Management LLC sent a second default notice to an affiliate of mortgage servicer Ocwen Financial Corp over certain notes it holds. HLSS Servicer Advance Receivables Trust, a key funding source for Ocwen and a […]
Euro-Hedged Fund Poised to Dethrone Biggest European Stock ETF
Bloomberg – The slump in the euro is reshaping the landscape for exchange-traded funds that buy stocks in the region, catapulting one with built-in currency hedges to the verge of becoming Europe’s biggest equity ETF. The WisdomTree Europe Hedged Equity […]
More hedge fund investors head for the exits
CNBC – Investor requests to withdraw money from hedge funds rose this month compared with February 2014, data from SS&C portfolios showed on Friday. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal requests expressed as a percentage of assets […]
Skënderbeg Funds AGmvK expands range with launch of four new sub-funds
User Contributed News – Skënderbeg Funds AGmvK, an investment fund for qualified investors under Liechtenstein law (umbrella fund), is pleased to announce the expansion of its range of funds with the launch of four traditional single-manager funds in partnership with Your Wealth […]