Category Archives: HedgeCo News
Hedge Funds Held Up Better than Most Asset Classes Last Week
New York (HedgeC0.net) – The selling that hit almost all asset classes last seek took a toll on investors, but hedge funds held up better than most other investment vehicles. According to the Lyxor Hedge Fund Index, the hedge fund […]
Credit Suisse Hedge Fund Index Up in November
New York (HedgeCo.net) – November was choppy for stocks as the S&P 500 gained in the first few days of the month, fell sharply from the third through the thirteenth, rallied back to move back in to positive territory and […]
Long/Short and Computer-Based Trading Funds Attract Most Assets in 2015
New York (HedgeCo.net) – With the world’s equity markets seeing an increase in volatility in the second half of the year and with the S&P going through a choppy period in the first half of the year, the two hedge […]
Oil Prices Keep Falling and Hedge Funds Keep Adding to Short Positions
New York (HedgeCo.net) – The price of crude oil closed last week at $35.36 per barrel and that is the lowest weekly closing price since February 2004. The selling deepened after OPEC failed to reach any sort of consensus on […]
High Yield Hedge Fund Blocks Investor Redemptions, Possible Bad Sign
New York (HedgeCo.net) – We reported on Friday that the Third Avenue Focused Credit Fund, a mutual fund focused on trading high-yield debt, has blocked investor redemptions in order to liquidate the fund in a more controlled manner. The blocking […]
Top-Performing Mutual Fund Takes Advantage of Flaws in ETFs
New York (HedgeCo.net) – One of the top performing mutual funds for 2015 is one that takes a page out of the hedge fund playbook. The Catalyst Macro Strategy fund, an actively traded alternative mutual fund, is producing very strong […]
MOVES-Man Group says plans to appoint former BT chief as chairman
LONDON, Dec 14 (Reuters) – British hedge fund Man Group (LSE:EMG.L – news) said on Monday it was appointing Ian Livingston, a former chief executive of BT and former British trade minister, as its chairman, subject to regulatory approval. Livingston […]
Hedge fund LionEye to shut after losses, redemptions -sources
BOSTON, Dec 11 (Reuters) – LionEye Capital, a $1.5 billion event-driven hedge fund, is closing its doors at the end of December after suffering double digit losses and heavy redemptions this year, two people familiar with the matter said. The […]
Hedge Funds Continue to Attract Assets
New York (HedgeCo.net) – The mainstream media has been more than willing to report the woes of hedge funds this year, but despite all of their reports about poor performance, high fees and closures, the industry continues to attract new […]
Hedge Funds Not The Only Funds That Can Face Redemption Issues
New York (HedgeCo.net) – Most mutual fund investors assume that they can get their money back at any time upon request, but investors in one high-yield mutual fund are finding out otherwise. According to an article in the Wall Street […]
Hedge fund manager Ken Griffin backing Rubio for president
(Reuters) — Hedge fund manager Ken Griffin of Citadel will support Republican U.S. Senator Marco Rubio of Florida for president in 2016, the billionaire said in a statement on Wednesday. “Senator Rubio is uniquely qualified to lead our nation with […]
Ackman plays big role in laying out Canadian Pacific rail deal
BOSTON (Reuters) – Billionaire investor William Ackman is playing an outsized role in railway Canadian Pacific’s <CP.TO> plan to buy rival Norfolk Southern <NSC.N>, underscoring his efforts to bring home a deal to salvage an otherwise awful 2015 for the […]