Author Archives: Editor
White: SEC To Focus On Asset Management Risks In 2015
New York (HedgeCo.Net) – SEC Chair Mary Jo White announced in a speech at The New York Times DealBook Opportunities for Tomorrow Conference, that she has chosen to focus on the regulation of funds and their advisers. “We are now embarking on […]
Man Group Acquires Silvermine Capital Management For $45 Million
New York (HedgeCo.Net) – Hedge fund giant Man Group plc announced plans to integrate $3.8 billion Connecticut-based leveraged loan manager, Silvermine Capital Management LLC, into Man GLG during the first quarter of 2015. Man will pay $23.5 million in cash upfront, […]
Goldman Gives Hedge Funds Advice On Sharpe Ratio Portfolio
ValueWalk – Goldman Sachs thinks considering the top stocks based on its Sharpe ratio portfolio could help their hedge fund clients in making appropriate decisions, a recent Kickstart strategy report dated December 12 said. If it were ranked, the Goldman […]
No more hedging on hedge-fund fees
Crain’s – Bet you didn’t know the city paid more than a half-billion dollars last fiscal year to Wall Streeters who manage pension funds for teachers, police, firefighters and other municipal workers. Bet you also didn’t know the fees have […]
Hedge Funds, Past and Future
Bloomberg View – This has turned out to be a year of milestones for the hedge-fund industry. It is a tale we have chronicled all year. As markets barrel into the end of the fourth quarter, it’s worth reviewing the […]
SEC Adopts Recommendations For Changing Accredited Investor Definition
Sadis & Goldberg – The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 mandates that the United States Securities and Exchange Commission (the “Commission”) review and update the definition of an “Accredited Investor”. On October 9, 2014, the […]
Turmoil Boosts Hedge Funds That Bet Against Russia, Oil
Bloomberg – Randy Smith’s Alden Global Capital has been betting against the ruble for the past month and a half. Yesterday, it paid off when Russia’s currency fell as much as 19 percent. Alden, a $1.8 billion New York-based hedge […]
Boomers are finding easier access to hedge funds
MarketWatch – A generation of investors nearing retirement is increasingly looking at alternative investments, such as commodities, real estate, private equity and hedge funds, not only to reach for higher returns but also to provide a hedge against risk through […]
No hedging possibility of Staples merger now
Boston Globe – I stopped in at a Staples store over the weekend and saw lots of merchandise offered as doorbuster-style values: a $200 printer available for half price, an office chair discounted from $180 to $99.99, and the steal […]
Goldman Sachs plans smart-beta, hedge-fund-like ETFs
MarketWatch – Goldman Sachs GS, -1.20% has signaled it’s stepping up its efforts in the fast-growing, $2 trillion U.S. ETF industry. In a regulatory filing on Friday, the giant bank revealed plans for 11 exchange-traded funds that take smart-beta or […]
Hedge Fund Alden Said to Profit on Panic Shorting Russian Ruble
Bloomberg – Hedge fund Alden Global Capital is profiting from the turmoil sweeping across Russia’s financial markets. The $1.8 billion New York-based firm run by Randy Smith has been betting against the ruble for the past month and a half, […]
TrimTabs and BarclayHedge Report Hedge Funds Get $250 Million in October
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $250 million (0.01% of assets) in October, recovering from outflows of $6.8 billion (0.2% of assets) in September. “Hedge fund inflows have […]