Monthly Archives: April 2014
This Is How Much The Average Person Can Make Working For A Hedge Fund
Business Insider – Last August SumZero, a social research site for investment professionals, launched a new feature dedicated to compensation trends within our buyside-only investment community. We (SumZero) have since collected thousands of salary reports sourced directly from analysts, associates, […]
Tech Hedge Fund To Return $2 Billion
New York (HedgeCo.Net) – Philippe Laffont, the founder of a $7 billion tech focused hedge fund has announced that he plans to return over $2 billion to investors in his flagship fund which was down 9% in March. Laffont’s hedge fund was seeded […]
Capstone’s Britton Foresees a $10 Billion Volatility Fund
Bloomberg – Capstone Investment Advisors LLC’s Paul Britton, whose volatility hedge-fund firm oversees $2.5 billion, predicts that within five years his small sector of the industry will produce a pool whose size rivals some of the biggest managers today. Britton […]
California hedge fund moving to Miami
World City Web – Universa Investments plans to set up in Miami’s Coconut Grove area, investing $800,000 in its office and increasing its staff from 14 to 25 people within three years, Florida Governor Rick Scott announced. Universa, founded in […]
Dark markets may be more harmful than high-frequency trading
Reuters – Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to allegations in a book by financial author Michael Lewis, but there may be a more serious threat to investors: the increasing amount of […]
Calamar joins with NYC hedge fund for senior housing venture
Biz Journals – In what may be a major expansion into the development of senior housing nationwide, Calamar Enterprises Inc. has created a joint venture with one of the country’s largest hedge fund operators. Kenneth Franasiak, Calamar president and CEO, […]
Hedge Fund Industry Growing With Pensions To Thank
ValueWalk – J.P. Morgan’s Prime Brokerage business indicated that hedge fund managers delivered a better performance in 2013 compared with the previous year in its 2014 Investor Sentiment Report released on March 28, a copy of which was reviewed by ValueWalk. The […]
Lone Star Value hedge fund plans to take its objection over Hilltop’s $7.88-a-share buyout of SWS Group directly to shareholders
Dallas News – Activist hedge fund investor Lone Star Value Management is vigorously objecting to Dallas-based Hilltop Holdings’ $7.88-per-share buyout of the parent of Southwest Securities Inc. and Southwest Securities FSB of Dallas. In a letter to SWS Group’s board of director, Connecticut-based […]
Survey: Hedge Funds Struggling to Meet SEF Regulatory Preparedness
New York (HedgeCo.Net) – With the Dodd-Frank rule becoming effective for certain swaps to be mandatory when traded on Swap Execution Facilities (SEFs), a new survey by IPC Systems finds that the hedge fund industry is underprepared to meet the requirements of these […]
Capstone’s Britton Foresees a $10 Billion Volatility Hedge Fund
Bloomberg – Capstone Investment Advisors LLC’s Paul Britton, whose volatility hedge-fund firm oversees $2.5 billion, predicts that within five years his small sector of the industry will produce a pool whose size rivals some of the biggest managers today. Britton […]
BlackRock, Schroders hiring in the U.S.; hedge funds adding staff in London
EFC – In this week’s hiring roundup, Schroders is building up its investment team, BlackRock stays hyper-active and two London hedge funds are adding staff. Former J.P. Morgan and UBS bankers are launching a new hedge fund in London and […]
Why Your Average Investor Is Crushing Big Hedge Funds These Days
Business Insider – Everyone’s talking about the stock market’s “internal correction”: investors have been dumping high-beta, momentum stocks for low-beta, value names. Facebook is among the stocks that are down more than 20% during the period. Read Complete Article