Author Archives: Editor
The 100 Most Influential People In Finance
New York (HedgeCo.Net) – Finance and lifestyle magazine for high net worth readers, Worth, has published its annual list of the 100 most powerful people in finance in its October/November 2014 issue. Highlights from the Worth Power 100 are below: […]
NRI Launches NRI Financial Technology Team in Mumbai
Nomura Research Institute, Ltd., (NRI) a leading provider of consulting services and system solutions, today announced the expansion of NRI Financial Technologies India Pvt. Ltd (NRI FinTech) through the establishment of a new team in Mumbai. NRI FinTech, an NRI […]
Alternative Assets Reach $5.7 Trillion In AUM
New York (HedgeCo.Net) – Total assets managed by the top 100 alternative investment managers globally reached $3.3 trillion in 2013 ($3.1 trillion in 2012), according to research produced by global professional services company Towers Watson, in conjunction with the Financial […]
Hedge Fund Dropped Some Hints About Its Big Short
Bloomberg View – Kerrisdale Capital, the self-promotin’-est hedge fund in the land, is out with its big billion-dollar short idea, and it’s Globalstar. Here is Kerrisdale’s report arguing that Globalstar is worth zero, and the 144-slide presentation of the thesis. […]
Advisers Turn To Private Equity as Hedge Funds Lag
WSJ – As hedge funds lose some of their cachet amid poor performance and an overabundance of offerings, some financial advisers are increasingly turning to private equity as a way to diversify clients’ portfolios. Much like hedge funds a decade […]
Largest U.S. hedge funds control more assets than ever, but one third lost assets in 2014: hedge fund news, week 41
Opalesque – In the week ending 03 October, 2014, the largest American-based hedge funds are controlling more assets than ever before: combined assets are at $1.84 trillion trillion as of July 1, according to the just-released biannual survey published by […]
F.B.I. Agents Took Inspiration From I Know What You Did Last Summer In SAC Capital Insider Trading Case
DealBreaker – Over at the New Yorker today, you will find a long piece exploring the coming undone of the hedge fund formerly known as SAC Capital, now Point72 Asset Management, at the hands of a trader formerly known as […]
Natural Resource Partners L.P. to Acquire Additional Williston Basin Oil and Gas Interests for $340 million
PRNewswire – Natural Resource Partners L.P. today reported that it has signed a definitive agreement to acquire non-operated working interests in oil and gas properties located in the Bakken/Three Forks play of the WillistonBasin from an affiliate of Kaiser-Francis Oil Company for $340 […]
The Empire Of Edge
The New Yorker – Dr. Sid Gilman approached the stage, the hotel ballroom quieted with anticipation. It was July 29, 2008, and a thousand people had gathered in Chicago for the International Conference on Alzheimer’s Disease. For decades, scientists had […]
Brevan Howard’s macro hedge fund gains 4.4 pct in Sept, best in 3 yrs
Reuters – Brevan Howard, one of the world’s biggest hedge fund managers, recorded a 4.4 percent gain in its main macro hedge fund in September, a letter to investors obtained by Reuters showed. The gain, the highest monthly return by […]
RadioShack Agrees to Financing Plan With Hedge Funds
WSJ – RadioShack Corp. struck a last-minute deal with hedge funds to stave off a bankruptcy filing, but the price could be control of the company. Hedge fund Standard General LP, the struggling electronics chain’s largest shareholder, has stepped in […]
How to Get Rich By Starting Your Own Hedge Fund
NASDAQ – George Soros has a net worth of $24 billion. Carl Icahn is worth $25.7 billion. John Paulson’s $13.7 billion net worth is downright paltry by comparison. What do these gentlemen have in common, other than being absurdly wealthy? […]