Author Archives: Editor
Hennessee: Hedge Funds Outperform in January
New York (HedgeCo.Net) – The Hennessee Hedge Fund Index gained +0.30% in January (+0.30% YTD), while the S&P 500 lost -3.10% (-3.10% YTD), the Dow Jones Industrial Average lost -3.69% (-3.69% YTD), and the NASDAQ Composite Index sunk -2.13% (-2.13% […]
The queen of hedge funds is killing it
Business Insider – Hedge fund manager Leda Braga took the reins of BlueCrest Capital’s spinoff computer-driven firm, Systematica Investments, last month and she’s already killing it. Braga, who, when she was president of BlueCrest, held the title of lady hedge fund […]
S.F. pension system votes to invest 5% in hedge funds
SF Gate – The board of the San Francisco Employees’ Retirement voted 6-1 Wednesday to sink 5 percent of its $20 billion portfolio in hedge funds, a much smaller investment than its staff recommended last year. In June, the staff […]
Hedge Funds Focused on Currencies Get Big Payoff
WSJ – Currency markets are finally giving hedge funds some bang for their buck. Thanks to a consistently soaring dollar—and plunging euro—investment funds focused on currencies had the best month in years in January. Read Complete Article
The Hedge Fund Agent In The Boardroom
Forbes – In October, Harry J. Wilson walked up to General Motors Chief Financial Officer Chuck Stevens at the company’s investor day meeting after Stevens indicated during a presentation that GM would not be able to conduct a stock buyback […]
UK Hedge Funds Pay $4 Billion In Tax Revenue
New York (HedgeCo.Net) – The hedge fund sector in the UK last year produced profits and income that have generated an estimated $4 billion in tax receipts to HM Revenue and Customs, up from about $1.7 billion in 2009, according […]
Hedge fund managers Goodwood and GuestLogix go mano a mano
Financial Post – Round one between hedge fund managers Goodwood Inc. and GuestLogix Inc. is over. Both sides have returned to their corners preparing for round two in a battle that may go to 15 and occupy the combatants’ attention […]
Hedge Funds Exit Housing Securities as Prices Rise
(Bloomberg) — Hedge funds that profited on residential mortgage debt after the financial crisis such as Pine River Capital Management and Canyon Partners are trimming their bets as prices rise. Gorelick Brothers Capital is also exiting investments in both uninsured […]
Man GLG macro hedge fund lost 9 percent in January, to shut – sources
(Reuters) – A macro hedge fund managed by the GLG unit of Man Group lost 9 percent in January and is closing, sources said. The performance contrasts with gains in the group’s hedge funds which use computer programs to drive […]
Hedge Funds Appaloosa & Hayman Capital back Harry J. Wilson quest for seat on GM Board
New York (HedgeCo.net) – Stating that GM has not done a good job bringing returns to it’s investors, Harry J. Wilson, is vying for a seat on the GM board. At his back are four hedge funds investors who own […]
San Francisco Pension Board to Weigh 10% Hedge Fund Investment
Bloomberg – The San Francisco Employees’ Retirement System staff is recommending its board consider investing 10 percent of assets in hedge funds, five months after the largest U.S. pension, the California Public Employees’ Retirement System, decided to get out of […]
Hedge Fund Fraud: $10 Billion Recovered For Madoff Victims
New York (HedgeCo.net) – Approximately $355 million is being released to victims of the Madoff hedge fund Ponzi scheme, the Securities Investor Protection Corporation (SIPC) announced today. A separate settlement involving $497 million with “feeder funds” Herald Fund and Primeo Fund, will bring […]