Author Archives: Editor
Venezuelan hedge fund manager to be sentenced in huge fraud
AP – Nearly four years after he confessed to running a massive fraud scheme, a former hedge fund manager is expected to be sentenced in a Connecticut case that had its biggest fallout in Venezuela, where the state oil company […]
Bill Ackman on Receiving End of Hedge Fund Selling
WSJ – Hedge fund activist Bill Ackman is used to calling the shots at the listed companies he frequently targets. So there is a certain irony in the fact that it is other hedge funds, he says, who are responsible […]
Hedge fund Barington proceeds with proxy contest at OMNOVA
Reuters – Hedge fund Barington Capital Group filed preliminary proxy statements with the U.S. Securities and Exchange Commission and is proceeding with a proxy contest to elect three alternative directors to the board of OMNOVA Solutions, the documents show. New […]
Stock Picking, Large-Cap Rally Boosts Top Japan Hedge Funds
Bloomberg – Pickers of small company shares and money managers who anticipated a year-end rally in large-capitalization stocks were the best performers among Japan-focused hedge funds last year. Hayate Partners Pte’s Japan Equity Long Short Fund returned 19.4 percent in […]
This Hedge Fund Manager Says ‘Stay Away’ From Alibaba
Benzinga – Lemelson Capital Management Chief Investment Officer Rev. Emmanuel Lemelson warned investors to “stay away from new issues” including Alibaba Group Holding Ltd BABA. Lemelson told Benzinga that the sellers, which includes insiders and investment banks, “have a vested […]
Hedge Fund Manager Gets 21 Years For Black Diamond Fraud, 10 Conspirators Get Jail Time
New York (HedgeCo.Net) – Ohio-based hedge fund manager Jonathan D. Davey has been sentenced to 21 years in prison for his role in Ponzi scheme that defrauded victims of more than $40 million, the FBI reports. All federal sentences are […]
Hedge funds earned $1.5 trillion for investors in last 10 years
Reuters – Hedge funds earned $1.5 trillion for their investors over the last ten years and more pension funds are increasing the amount of money they allocate to them, trade body Alternative Investment Management Association (AIMA) said on Wednesday. The […]
AIMA: Helping Trustees Navigate The Hedge Fund Sector
New York – (HedgeCo.Net) – The Alternative Investment Management Association (AIMA), the global hedge fund association, and the CAIA Association, the global leader in alternative investment education, have jointly published the first of a series of educational papers about hedge […]
KNOP attracts hedge fund
TradeWinds – OppenheimerFunds has become the latest hedge fund to take a sizeable position in KNOT Offshore Partners (KNOP). It has acquired just over 1m shares in the shuttle tanker focused master limited partnership (MLP), or nearly 8% of the […]
Hedge Funds, Private Equity Win Big at TARP Auctions
WSJ – A government program to rid itself of TARP investments in small banks has proved a boon to hedge funds, private-equity and other private investors, according to a new watchdog report. As the Treasury Department looks to exit from […]
Hedge Fund Replication: A Model Combination Approach
ValueWalk – Recent years have seen increased demand from institutional investors for passive replication products that track the performance of hedge fund strategies. These “clones” offer the diversification benefits of hedge-fund-like investments, while simultaneously providing superior fee structures, scalability, transparency, […]