Author Archives: Editor
C-View taps ex-Standard Chartered exec to manage new currency fund
Reuters – Money manager C-View said it would launch a currency trading strategy later this month to be managed by former Standard Chartered Bank’s managing director Buford Scott. The C-View Stelrox Systematic Currency Strategy will invest in G10, emerging market, […]
Hedge Funds Underperform in August
New York (HedgeCo.net) – The Hennessee Hedge Fund Index gained +1.05% in August (+2.96% YTD), while the S&P 500 gained +3.77% (+8.39% YTD), the Dow Jones Industrial Average rose +3.23% (+3.15% YTD), and the NASDAQ Composite Index jumped +4.82% (+9.67% […]
City Financial seeks to double HK staff with new hedge fund-CEO
Reuters – UK independent fund manager City Financial is looking to double its Hong Kong staff in coming months, looking to benefit from an increase in investment flows to the region and launch a second hedge fund, Chief Executive Andrew […]
Adidas Shares Jump on Report of Hedge Funds’ Interest in Stakes
Bloomberg – Adidas AG rose the most in more than 10 months in Frankfurt trading on a report that hedge funds including Third Point LLC may take a stake and are pushing to remove Chief Executive Officer Herbert Hainer. The […]
Bad News for Hedge Funds Good for BlackRock Stock
Barron’s – The hedge fund industry is experiencing a Marie Antoinette moment. After years of stories about the massive houses, art collections, exotic autos, tax breaks, and fantastic life styles of hedge fund managers, some of the people who pay for […]
Stepson of the Blues LLC to Launch Alternative Investment Ad Campaign
PRNewswire – Title II of the Jobs Act removed the ban on general solicitation and created enormous opportunities for capital formation. Zacks Direct’s latest client leveraging this opportunity is Stepson of the Blues LLC as they seek capital from accredited […]
Investors still loving hedge funds even as CalPERS exits
Reuters – Despite the recent rebuke of hedge funds by the influential California Public Employees’ Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show. Research firm […]
SEC Sanctions 19 Hedge Fund Advisers, Private Equity Firms
New York (HedgeCo.Net) – The SEC has issued sanctions in an enforcement initiative uncovering certain hedge fund advisers and private equity firms that have illegally participated in an offering of a stock after short selling it during a restricted period. The SEC last […]
Allergan reaches truce with suitors on special shareholder meeting
Reuters – Allergan Inc. has agreed not to throw up any roadblocks to a special shareholder meeting on Dec. 18, giving Pershing Square Capital Management a chance to attempt its threatened replacement of Allergan board members. The battling parties late […]
Innovative Dealflow Platform Revolutionises Investor and Capital Raiser Relationships
The Commodities Investment Exchange (CoinVex) platform allows managers of Private Equity, Family Offices and Energy companies to identify global cross commodity/cross transaction investment opportunities and connect directly with Capital Raisers. In eliminating the need for Brokers, CoinVex is focused on […]
Newgate Compliance Successfully Completes First FCA Application
Newgate Compliance, the independent compliance consultancy firm co-founded by former FCA Regulators Martin Herriot and Aron Brown, has completed its first FCA application successfully without delays and beating all timing expectations. The application was submitted on behalf of global investment […]
Source Launches In The United States
PRNewswire – Source, a global investment firm and one of the fastest-growing Exchange Traded Fund (ETF) providers in Europe, is bringing its distinctive approach, established track record and considerable resources to the U.S. market. The firm’s U.S. launch is spearheaded […]