Author Archives: Editor
Tumbling Oil Prices Punish Hedge Funds Betting on Gains
Bloomberg – Hedge funds increased bets on rising oil prices just before crude futures tumbled to a 17-month low on signs that global supply is outstripping demand. Prices capped the biggest weekly decline in two months after money managers boosted net-long […]
Multi-millionaire mathematician faces an ‘astronomical’ £19m legal bill
MSN – A multi-millionaire mathematician turned hedge fund boss faces an “astronomical” £19 million pound legal bill after losing the latest round of a bitter and costly court battle with his estranged wife. In what is thought to be the […]
S&P Capital IQ, Kuberre Systems Launch Event Driven Alert Tool
New York (HedgeCo.Net) – S&P Capital IQ have announced the launch of a new tool for traders, market makers and portfolio managers, Event Fusion, which offers real-time alerts about relevant news and information affecting investment holdings. Recognizing investors’ growing needs […]
BarclayHedge – Most Hedge Fund Strategies Are Profitable in 2014
New York (HedgeCo.Net) – Hedge funds gained 1.28% in August, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is now up 4.44% in 2014. “The S&P 500 gained four percent in August, propelling the index into […]
A Leg To Stand On (ALTSO) Less Than One Week Away From 3rd Annual Rocktoberfest in Chicago on Wednesday, October 8
A Leg To Stand On (ALTSO) will hold its third annual Rocktoberfest-Chicago on Wednesday, October 8 at City Winery at 1200 W. Randolph Street in Chicago. Financial industry professionals will perform rock and roll music to raise funds for ALTSO, which provides […]
Dillon Eustace Expands Cayman And Dublin Offices With New Hires
Dillon Eustace, a leading international law firm, announces further expansion of its global practice, with the senior hire of Jonathan Law to its Cayman office, and the addition of Fionnán Gannon who has joined the firm’s Dublin office. Jonathan joins […]
Credit Suisse LAB Index was down 0.92% in September
New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished down 0.92% in September. The Managed Futures strategy was the strongest performer, finishing up 4.29% […]
Meet the hedge fund guy backing Hong Kong protests
CNNMoney – One of the most prominent leaders of Hong Kong’s democracy movement is not a student, academic or professional protester. He used to work for a hedge fund. Relatively few finance professionals have given public backing to the protesters […]
Huge U.S. securities database to cost about $255 million over 5 years
Reuters – The creation of a mammoth database that was ordered up in the wake of the Flash Crash will cost $255.6 million over five years to operate, according to the average cost estimate of six entities vying to build […]
Vonnegut: The Client Strikes Back at Hedge Funds
WSJ – The California Public Employees’ Retirement System is no longer a fan of hedge funds. I never was. But our reasons aren’t exactly the same. With $295 billion in assets, Calpers discovered the challenge of finding great hedge funds […]
Fed says hedge funds trimmed bets on interest-rate volatility
Reuters – Hedge funds have trimmed their bets on rising interest-rate volatility since the beginning of this year, according to the results of a quarterly survey of senior credit officers conducted by the Federal Reserve. About 25 percent of dealers […]
Review pension plan hedge funds
Times Tribune – Gov. Tom Corbett selected an apt metaphor for the impact of the state’s two big, underfunded public pension plans on the government and taxpayers. He described them as a “tapeworm” within the state budget, voraciously devouring hundreds […]