Author Archives: Editor
Hedge Funds Close Doors, Facing Low Returns and Investor Scrutiny
NYT – For decades, nearly everything that the billionaire Julian Robertson touched turned to gold. Mr. Robertson, founder of the hedge fund Tiger Management, seeded a network of hugely successful “Tiger Cubs” — companies that in turn seeded more talent. […]
Centaur Marks Five Year Anniversary
User Contributed News – Centaur has achieved a significant milestone by reaching its five year anniversary. In this time, Centaur has achieved exceptional growth in client numbers, employees and revenues. Highlights from the past 5 years include: · An original […]
CNBC skipped the biggest hedge fund conference of the year, and Wall Street barely noticed
Wall Street barely noticed that CNBC didn’t cover SALT, the biggest hedge fund conference of the year held in Las Vegas last week. “Don’t know if CNBC really made a difference,” said one hedge fund executive. “Right now it’s all […]
Hedge fund manager Andurand sees drop in Brent crude by year-end
Reuters – Oil-focused hedge fund manager Pierre Andurand said on Thursday that he expected benchmark Brent crude to drop to about $50 a barrel by year-end due to higher production and market volatility. “I don’t think the market is ready […]
An eye-popping figure about hedge fund managers
CBS – One group of workers charges hefty fees for managing the assets of wealthy patrons. The other group educates almost 4 million U.S. kindergarten students annually in reading, writing and arithmetic. Which group provides more value to America? While […]
New York hedge fund buys RadioShack name, data for $26.2M
Biz Journals – New York hedge fund Standard General LP has been declared the winner in an auction for RadioShack’s name and other intellectual property. Standard General agreed to pay $26.2 million for the Fort Worth retailer’s trademark and customer […]
Santa Barbara-Based Hedge Fund Advisers Charged With Misconduct
New York (HedgeCo.Net) -California hedge fund adviser Alpha Titans LLC and two executives have been involved in improper allocations of fund assets to pay undisclosed operating expenses, the SEC said. Also charged was an accountant who conducted the outside audit […]
Northern Trust Hedge Fund Services Calls for Industry Standards in Reporting
New York (HedgeCo.Net) – Northern Trust Hedge Fund Services has issued a call to the hedge fund industry to adopt standards in reporting to better address demands from both investors and regulators. The recommendation follows a key finding from a […]
SS&C GlobeOp Hedge Fund Performance Index: April performance 0.34%
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2015 measured 0.34%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.92% in May. “May 2015 saw the […]
Hedge-Fund Manager’s Credibility Questioned in Russian Laundering Case
WSJ – Hedge-fund manager William Browder has long portrayed himself as a crusading financier seeking justice for the death of his associate Sergei Magnitsky, who was allegedly beaten to death in a Russian prison in 2009 after exposing a tax […]
Billionaire Paulson Said to Score Hedge Fund Wins in April
Bloomberg – Billionaire John Paulson’s hedge funds gained in April after successful wagers on energy, mergers and Greek banks. Paulson & Co.’s merger strategy, which comprises more than half of the firm’s $19.5 billion in assets, profited on potential takeovers […]
Obama Says Rich Hedge Fund Managers Should Pay Fair Share Of Taxes
ValueWalk – President Obama has been keeping the media spotlight on the plight of the poor in the U.S. over the last few weeks, and he again focused on the theme of income inequality at a panel discussion on poverty […]
