Category Archives: HedgeCo News
Looking Ahead to October and December Fed Meetings
New York (HedgeCo.net) – The September FOMC meeting passed and the Fed left rates alone, but for how long? There are two more meetings in 2015, one on October 27 and 28 and one on December 15 and 16. Could […]
Another Showdown Between a Hedge Fund and a South American Country Looms
New York (HedgeCo.net) – U.S.-based hedge fund Gramercy is threatening legal action against the South American country of Peru over $5.1 billion in defaulted bonds, but Peru doesn’t seem all that worried. Gramercy bought the bonds seven years ago at […]
Could Falling Commodity Prices Create Financial Crisis-Type Collapse?
New York (HedgeCo.net) – The slump in commodities has taken a toll on the hedge fund industry as a number of hedge fund firms have closed their commodity-based hedge funds in 2015 as the slump in commodity prices caused many […]
HFR Hedge Fund Index Fell in September
New York (HedgeCo.net) – The latest data released from Hedge Fund Research shows that the average hedge fund lost 1.07% in the month of September and is down 1.35% on the year. This loss is the fourth consecutive monthly loss […]
Kyle Bass Scores Partial Victory with Challenge of Shire Drug
New York (HedgeCo.net) – After filing dozens of patent challenges, Kyle Bass and his Coalition for Affordable Drugs scored their first partial victory on Wednesday when the US Patent Trial and Appeal Board gave Bass institution for the patent challenge […]
Hedge Fund Designed to Benefit from Volatility Blows Up Due to Volatility
New York (HedgeCo.net) – Spruce Alpha was a hedge fund that used a complicated strategy that was designed to benefit from volatility in the market, but in the end the extreme volatility experienced in August led to the collapse of […]
Luxembourg-Based Hedge Fund Continues Trend for 2015
New York (HedgeCo.net) – Luxembourg-based hedge fund Chenavari Investment Managers joined the ranks of some other highly regarded hedge funds by selling a stake in the company to alternative investment firms. In the case of Chenavari, they sold a 10% […]
Massive Sell-Off in Biotech Hits Hedge Funds
New York (HedgeCo.net) – Over the last eight trading sessions, the NYSE Arca Biotech Index has lost 18.74% which is an incredible short-term decline for an index. Yes the overall market is down over the same time period, but only […]
Bain Shutting Down Fund After Three Plus Years of Losses
New York (HedgeCo.net) – In what is becoming somewhat of a trend, a major firm is shutting down one of their hedge funds due to poor performance. Bloomberg reported yesterday that Bain Capital is shutting down its Absolute Return Capital […]
Aventis Names Head of Business Development
New York (HedgeCo.net) Aventis Asset Management, LLC (Aventis), a Chicago-based commodity hedge fund, has hired Keith Byers as Managing Director Business Development. Byers will responsible for the strategic planning and implementation of all Business Development efforts for Aventis. Byers brings […]
Fortress Warns of Emerging Market Bear
New York (HedgeCo.net) – Fortress Investment Group has been making a lot of news in recent months, but most of the news has been about the performance of their funds and departures of personnel, but they are making some news […]
Nelson Peltz and Trian Make $2.5 Billion Investment in GE
New York (HedgeCo.net) – One of the largest activist hedge funds in the world has taken a $2.5 billion stake in General Electric. The Trian Fund, which is run by Nelson Peltz, announced the deal on Monday and that sent […]