Author Archives: Editor
Labor pension adviser CtW seeks details from Walgreen
Hedge World – CtW Investment Group, an adviser to union pension funds, called on Walgreen Co. to provide more details about a change in projected earnings and questioned the U.S. drugstore chain operator’s appointment of an activist investor to its […]
Hedge fund a stumbling block for AngloGold share sale
Bloomberg – Billionaire investor John Paulson is getting in the way of AngloGold Ashanti’s plan to rid itself of debt. Following the biggest one-day bond rally in seven months, sparked by the gold producer’s announcement on Wednesday that it would […]
We’ve Just Witnessed The First True Masterpiece Of The Modern Hedge Fund Era
Business Insider – We’re living in a golden age for a certain kind of very-public investing strategy, where big-name hedge funders get up on stage, or produce PowerPoint presentations laying out their investment thesis on a given company. Bill Ackman […]
Hedging costs against sterling’s swings soar on Scottish vote worries
Reuters – The cost of hedging against near-term swings in the British pound jumped to four-year highs on Friday [Sept. 12] and investors added to unfavorable bets in the derivatives market, reflecting jitters about the result of the Scottish referendum. […]
Hedge Fund Index: August performance 1.10%, September net flows advance 0.58%
New York (HedgeCo.Net) – SS&C GlobeOp announced that its Hedge Fund Performance Index for August measured 1.10% and its Capital Movement Index showed net flows advance 0.58% in September. “Subscriptions were nearly double that of redemptions for September, although capital […]
Norm Champ’s Remarks to the Practicing Law Institute, Hedge Fund Management Seminar 2014
Norm Champ, SEC Director, Division of Investment Management – “I am joined here today by two of my Investment Management colleagues – Dan Townley, who will be discussing the Volcker Rule later this afternoon, and Aaron Schlaphoff, who will be participating […]
SEC Tightens Regulatory Oversight For Hedge Funds
New York (HedgeCo.Net) – The Securities and Exchange Commission is creating a new office within the Division of Economic and Risk Analysis (DERA) that will coordinate efforts to provide data-driven risk assessment tools and models to support a wide range […]
Top Celebrities Raise $12 Million In Support Of Charity Day
New York (HedgeCo.Net) – Jake Gyllenhaal, Ben Stiller, Michelle Williams, Ed Burns, Steve Buscemi and many others joined Cantor Fitzgerald and hedge fund brokerage firm BGC Partners yesterday, raising approximately $12 million for charities around the world. Founded to commemorate […]
Treasury Is Weighing Action on Hedge-Fund Tax ‘Loophole’
Bloomberg – The U.S. Treasury Department said it’s considering ways to end a “loophole” that allows hedge-fund managers to avoid taxes by routing their investments through an insurance company in low-tax countries like Bermuda. The Treasury, in an Aug. 9 […]
Carl Icahn And Hedge Funds Are Driving Hertz Now
Forbes – Carl Icahn and the hedge fund crowd have grabbed the wheel at Hertz Global Holdings and are calling the shots at the troubled car rental company. Hertz announced on Thursday afternoon that it had struck a deal with […]
JDS Uniphase pushed to split by activist hedge fund
CNBC – Network gear maker JDS Uniphase said it would split into two separate public companies as it looks to expand in the data communication market and strengthen its network business. Shares of JDS Uniphase, worth $2.78 billion as of […]