Tag Archives: Not Categorized
DITMo Special Commentary 6/12
Portfolio Manager Commentary The June2012 report was delayed about a week to allow for commentary on Obamacare and EU election outcomes. SCOTUS delayed their decision until as late as 29June post the date of this report. The June Commentary will focus instead on our eristic speculation of certain geopolitical events potentially to occur imminently and considerations of these events on […]
Saving The State Of California: Reed Hastings
As a manager in Newport Beach, California, concerns over the state’s viability have never been so palpable in the face of an almost $16 billion budget deficit and rising taxes. The answer to a certain course of default is not just cost-cutting or raising taxes. The state needs creative entrepreneurs to rethink every process of providing services. If the focus […]
Two-Tiered Hedge Fund Market – Hedgebay
The October edition of Hedgebay Trading Corporation’s monthly index has shown that the purchase of hedge fund assets is being driven by two prevailing sentiments among investors, creating a two-tier hedge fund market. The Hedgebay Global Hedge Fund Secondary Market Index reveals a wide discrepancy between the highest and lowest prices at which secondary market users were willing to trade […]
Explaining Derivatives to Michael Moore
Documentarian Michael Moore’s latest project, Capitalism: A Love Story aimed at highlighting a number of flaws concerning the economic system upon which our country is built. In his film, Moore infiltrates Wall Street and Washington D.C. to “explore the root causes of the global economic meltdown.” In one scene, he attempts to make a citizens arrest of the AIG […]
Hedge Funds and Web 2.0 Strategies
Evan Rapoport, founder and managing partner of HedgeCo Networks, is an expert on marketing hedge funds to investors. On his blog, he has been doing a series on using the internet to market hedge funds to investors. In the first piece of the series, he discussed creating websites that draw investors in without stepping in to the area of […]
Some See Banking Failures When Others Eye Banking Opportunities
Lost in the shuffle of the recent economic crisis, American financial institutions now have the opportunity to service clients of their now-failed counterparts. No where has this been more evident than the world of hedge fund prime brokerage. When Lehman Brothers and Bear Stearns failed, the rest of the banking industry went into defense mode and began to cut […]
Fund of Hedge Funds Industry Shrinks But Still Strong
HedgeFund Intelligence’s Press Release from today states that the fund of funds industry shrank by $95 billion in the first half of 2009 but still manages $735 billion. This represents a decline of 11.4 percent in assets under management (AUM). Firms with more than $1 billion in AUM manage a combined $613 billion. According to HedgeFund Intelligence, 18 fund of […]
IFCA’s Global Awards Gala
At ICFA’s Global Awards 2009 gala dinner the Bank of New York Mellon took home 7 awards: * Custodian of The Year: Americas – BNY Mellon Asset Servicing * Hedge Fund Administrator – The Bank of New York Mellon AIS * Transition Management Provider – Mellon Transition Management * Transfer Agent – BNY Mellon Asset Servicing * Broker/Dealer Custody & […]
You say Taco Bell I say Chipotle
Executives at Chipotle are no doubt scratching their heads today, wondering what they did to cause $730 Million get sliced off of their market cap at 11:14 in Thursday morning trading. As the Wall Street Journal put it “You’ve been Einhorned.” Hedge Fund Manager, David Einhorn was speaking to Value Investing Congress, when he panned Chipotle stock suggesting that “Less […]