Tag Archives: investor
Ye Starts Own Fund After Leading Pinpoint Hedge Fund’s 71% Gain
Bloomberg – Fion Ye, who led the Pinpoint Rising China Fund to a 70.9 percent gain last year, has started a new asset management company aiming to profit from the country’s growing sway over global commodity markets. Ye and former […]
Ospraie’s Anderson to Give Commodities Hedge Funds Another Try
Bloomberg – Dwight Anderson, the commodities investor who liquidated his main Ospraie Fund last year after losing 39 percent, is planning a comeback with two new hedge funds set to open July 1. The Ospraie Equity Fund will buy and […]
Ex-Soros protégées said to be winding down hedge fund
Wealth Bulletin – Satellite Asset Management, a $2.8bn (€2.1bn) hedge fund established by former employees of billionaire George Soros, is winding down due to investor redemptions, Bloomberg said on its website late Friday, according to a Reuters report. The New […]
How Is the New Hedge Fund Strategy ETF Doing?
Seeking Alpha – The innovators were out with guns blasting as they introduced an ETF that acts like a hedge fund. How has it been doing since the March 25 launch? This new ETF, established by Index IQ analyzes publicly […]
Schultheis Says Leave Money in Index Funds, Ignore Wall Street
Bloomberg – Bill Schultheis, amateur mountaineer and investment adviser, says there’s more to life than staring at stock market screens. His new book, “The New Coffehouse Investor,” says the path to success consists of the following: Get a game plan […]
Nearly 20 pct of Asia hedge funds close since ’08
Forbes – Almost 20 percent of Asia’s hedge funds closed shop since the start of 2008 as a wave of investor redemptions and sharp losses amid the financial crisis took a heavy toll on the region’s once high-flying industry, a […]
Disgraced NY lawmaker joins hedge fund – report
Reuters – Vito Fossella, a former U.S. congressman representing sections of New York until a drunk driving conviction last year, has joined controversial hedge fund Superfund Investment Group, the Staten Island Advance reported this week. The community newspaper, citing unnamed […]
Moore Capital Said to Seek $500 Million for Coffey Hedge Funds
Bloomberg – Moore Capital Management LLC is seeking to raise as much as $500 million for two new hedge funds run by Greg Coffey, the top-ranked money manager who joined the company last year after quitting GLG Partners Inc., according […]
As prime brokerage firms pull services to hedge funds, the argument for exploring equity finance options grows
Opalesque – In the newly released research report by Massachusetts-based firm Finadium "Trends in US Equity Finance Costs for Hedge Funds and Other Borrowers" author Josh Galper notes that the current cost of securities borrowing has many funds looking at […]
Hedge funds set to be back in game
Zawya.com – The worst may be over for hedge funds with redemptions recording a decline for the third consecutive month in March and industry players expecting stability to return soon. Net investor redemptions and liquidations in March were an estimated […]
