Author Archives: Editor
TrimTabs and BarclayHedge Report Hedge Funds Get $250 Million in October
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research report that hedge funds received only $250 million and that inflows had slowed dramatically so far in the second half of the year, according to Barclay Hedge and TrimTabs investment Research. […]
Retirement target-date funds make hedge fund style bets
Reuters – A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets. BlackRock Inc (BLK.N), the world’s largest asset manager, and Manning & Napier are among the managers […]
Hedge Fund Pushes Madalena to Speed Argentine Shale Development
Bloomberg – Hedge fund Maglan Capital said it’s starting a campaign to shake up Madalena Energy Inc. (MVN)’s board and strategy after acquiring a stake of almost 10 percent in the Canadian oil and gas producer. New York-based Maglan said […]
These colleges feed alumni to elite hedge funds
CNBC – Many famous universities are known as springboards into finance careers. But when it comes to landing jobs at elite hedge funds, there are some surprise standouts. The top-ranked undergraduate programs for getting an investment-management job at a hedge […]
Hedge Fund Founder Steve Cohen Gave Big to Boost Republican Governors
WSJ – Steve Cohen, the founder of the now defunct hedge fund SAC Capital, plowed money into a late effort to help Republicans win state gubernatorial races this election, new campaign-finance report show. Mr. Cohen contributed $1.5 million to the American […]
Man Group Acquires Merrill Lynch’s Fund of Hedge Fund Portfolio
New York (HedgeCo.Net) – Man Group announced today the acquisition of Merrill Lynch Alternative Investments LLC’s fund of hedge funds portfolio. The portfolio includes 17 multi-strategy and strategy-focused fund of hedge funds with a total of $1.2 billion in AUM. […]
UBS renews push to increase advisers’ hedge fund use
Investment News – UBS Group AG is preparing to roll out new tools to increase hedge fund use by its financial advisers in the U.S., encouraging increased sales of the alternative investments to a sometimes-reluctant clientele. UBS is developing a […]
Hedge Fund APS Expects China Stock Market Rally to Continue
Bloomberg – APS Asset Management, which invests more than $2 billion in Chinese stocks, expects the country’s stock markets to extend this year’s rally even without extra government stimulus. The CSI 300 Index (SHSZ300) has increased 26 percent since the […]
Target-Date Funds Make Hedge Fund-Style Bets
Financial Adviser – BlackRock Inc., the world’s largest asset manager, and Manning & Napier are among the managers that use strategies such as shorting stocks and trading derivatives in their target-date funds. J.P. Morgan Asset Management and Voya Investment Management […]
Retirement target-date funds make hedge fund style bets
FA – A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets. BlackRock Inc, the world’s largest asset manager, and Manning & Napier are among the managers that […]
Accounts reveal huge dividends paid to hedge fund tycoon Michael Cohen
The Independent – The London hedge fund tycoon whose division is being investigated by the US authorities over alleged corruption in Africa was paid more than £5.5m in the year before he retired at 41, accounts show. Michael Cohen set […]