Author Archives: Editor
Humdrum ETFs Are Overtaking Racy Hedge Funds
TIME – It’s part of a gradual change in culture on Wall Street that’s encouraging low costs and long-term thinking. It’s like the INVESTMENT world’s version of the race between the tortoise and the hare. And the hare is losing […]
SEC Gives Million-Dollar Whistleblower Award to Compliance Officer
New York, HedgeCo.Net – The Securities and Exchange Commission today announced an award of more than a million dollars to a compliance professional who provided information that assisted the SEC in an enforcement action against the whistleblower’s company. The award […]
Merger Surge Tempts Hedge Funds to Make a Bet
WSJ – Hedge funds that bet on mergers have had scant success in recent years. Now some are pinning their moneymaking hopes on Royal Dutch Shell PLC’s $70 billion planned takeover of BG Group PLC. The deal was announced earlier […]
NY hedge fund buys Jacksonville lot for $6 M
Biz Journals – The parking lot next to the Omni Hotel was purchased last week, according to public records filed Friday. Och-Ziff Capital Management Group, a hedge fund and private equity firm based in New York, purchased the lot at […]
Millennium Hedge Fund, Quant Trader Plan Venture
WSJ – For two decades, Igor Tulchinsky and his team of quantitative traders have helped fatten the returns of New York hedge fund Millennium Management LLC. Now, the roughly $28.5 billion firm and Mr. Tulchinsky are forming a joint venture […]
Alliance Trust Strikes Late-Night Deal to End Hedge Fund Battle
Bloomberg – Alliance Trust Plc struck a late-night deal with its largest shareholder, Elliott Advisors, to expand the board in a bid to avoid a public showdown at its annual general meeting in Scotland. The deadline for shareholders to vote […]
Millennium Hedge Fund, Quant Trader Plan Venture
WSJ – For two decades, Igor Tulchinsky and his team of quantitative traders have helped fatten the returns of New York hedge fund Millennium Management LLC. Now, the roughly $28.5 billion firm and Mr. Tulchinsky are forming a joint venture […]
Elliott Advisors: The activist US hedge fund shaking up Britain
City AM – Advisors is the UK subsidiary of a much larger American group, which began life in 1977 when it was established by Paul Elliott Singer. Its British arm has a reputation for activism which is not always welcomed […]
Big Pharma Comes Under Attack From a New Hedge Fund Strategy
MotleyFool – Forget retail short-sellers and angry message board posters, Big Pharma has a much bigger concern on the horizon: hedge funds. I know what you’re probably thinking, “Haven’t various hedge funds already been betting against Big Pharma stocks from […]
Hedge Fund Billionaires Double as Platt Catches Up to Howard
Bloomberg – Seven U.K. hedge fund managers are now worth more than 1 billion pounds ($1.5 billion), up from four executives last year, an annual wealth ranking compiled by the Sunday Times showed. Alan Howard and Michael Platt, co-founders of […]
Treasury defends Lloyds against possible hedge fund attack on ‘Tell Sid’ share sale
Telegraph – The Government is planning a two-stage sale of Lloyds shares this year amid fears that short-sellers would target one of the largest retail offerings in decades at the taxpayer’s expense. Chancellor George Osborne last week unveiled plans to […]
