Monthly Archives: April 2015
The Wealthiest Women In Tech
User Contributed News – Hewlett-Packard chief executive Meg Whitman claimed the top spot on a Wealth-X list released today of the five wealthiest women in the technology sector. The 58-year-old boasts a US$1.3 billion fortune, the bulk of which is derived from […]
Clinton: Unfair that fund managers pay lower tax rate than truckers
Reuters – Democrat Hillary Clinton blasted executive pay and tax rates for hedge-fund managers on Tuesday, using the first stop of her low-key campaign rollout in Iowa to highlight her promise to help Americans struggling toward economic recovery. Clinton, who […]
Making Sure The Hedge Fund Survives Disaster When A General Partner Dies Or Is Disabled
Forbes – The death or disability of a hedge fund general partner can easily result in the collapse of the fund. While there are a number of ways to prepare if such unfortunate events occur, many hedge funds – especially […]
Goldman Has Some Tips for Hedge Funds That Can’t Short Straight
Bloomberg – Short selling stocks in the U.S. is sort of like playing the theremin — it’s not exactly a lost art form, but neither is it a very profitable one for many people these days. A six-year bull market […]
UCITS HFS Index slows down, still up 0.36% in March 2015
The UCITS HFS Index continues its positive run in 2015 with gains of 0.36% in March 2015, the third positive monthly result in a row. The broad index started slowly into the month, posting returns of 0.11% after the first […]
Hedge Funds Are Long The U.S. Dollar – Big Time
ValueValk – Hedge Funds are taking advantage of the rising value of the U.S. dollar, which they don’t seem to expect to reverse course anytime soon. New data indicates that funds are more bullish on the dollar than ever, as […]
Broadridge Launches Trade Expense Managed Service
User Contributed News – Broadridge Financial Solutions, Inc. (NYSE:BR) has launched a new managed service offering to help capital markets firms streamline and automate the costly and increasingly complex area of trade expense management. The company’s expanded managed service offering […]
Hedge-fund magnate backing Cruz is major investor in Breitbart News Network
Politico – The Long Island-based hedge-fund magnate who is helping bankroll Sen. Ted Cruz’s campaign for the Republican nomination is also one of the top investors in the Breitbart News Network, sources with knowledge of the matter told the On […]
Hedge fund cuts DryShips
Trade Winds – Hedge fund manager BlueMountain Capital Management has cut its stake in New York-listed DryShips to 5%, less than half the amount it owned in October. The Andrew Feldstein-led financial firm told the US Securities & Exchange Commission […]
US hedge fund snaps up Irish loans on back of brighter outlook
Irish times – Marathon Asset Management’s Bruce Richards says his firm is ramping up investment in Europe on bets that central-bank easing, a depreciating euro and the plunge in oil prices will buoy the region’s growth. The hedge fund, which […]
Hedge Fund Performance Down In April
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2015 measured 1.30%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.14% in April. “The negative CMI for […]