Category Archives: Fund of Funds
Two Different Hedge Funds Announce Stakes in YUM Brands
New York (HedgeCo.Net) Over the course of the last week, two different hedge fund/activist investors announced stakes in fast-food giant YUM Brands (NYSE: YUM). On Friday, it was announced that Third Point has bought in to YUM during the first […]
HK’s SAIL Advisors to manage three ING fund of hedge funds
SAIL Advisors, a Hong Kong-based fund of hedge funds operator, said on Monday it will take over the management of three ING (ING.AS) funds in a move that will see a senior ING executive join the Hong Kong firm. Under […]
Rupert Allan Hires Fund Of Hedge Fund Specialist
West Palm Beach (HedgeCo.net) – Established leader in the management of fund of hedge funds, Tremont Capital Management, has appointed Scott R. Metchick as Chief Investment Officer. Metchick brings to Tremont over 20 years of experience in the fund of […]
Odey launches funds of hedge funds operation
Wealth Bulletin- Odey Asset Management has created a fund of hedge funds subsidiary to broaden its offering to wealthy investors. It has hired two people from Credit Suisse to run the business from Guernsey. The business marks a new direction […]
Buffett bets on the S&P 500 to beat a fund-of-hedge-funds
Los Angeles Times – The hedge fund industry can only exist because investors believe their fund managers will deliver above-average returns over time, despite the portfolios’ hefty fees. Master investor Warren Buffett, who has long derided those fees, now has […]
Hedge fund plunders Lehman prime execs
Asian Investor – Hedge fund manager CQS has hired Michael Schulz and Laura Hui from the prime broking department of Lehman in Hong Kong. Schulz is taking the post of risk manager for Asia at CQS. In Lehman’s prime broking […]
