Monthly Archives: April 2014
Head of emerging market strategy at BNP Paribas to join hedge fund
eFinance – Bartosz Pawlowski, who joined BNP Paribas in 2009, is set to join emerging market-focused hedge fund Finisterre Capital as a portfolio manager in early May, according to two people familiar with the matter. Founded in 2002 and with around $1.7 billion under […]
New York Hedgie Convicted Of Theft
New York (HedgeCo.Net) – Hedge fund founder and adviser Fredrick Douglas Scott, one of Ebony magazine’s “Top 30 under 30,” was sentenced to more than five years in prison for stealing over $1 million from investors. He pleaded guilty to engaging in a wire […]
Hedge Fund Letters to Tell of Favorite Trades Unraveling
Bloomberg – Pity the poor folks who have to write letters to investors on behalf of equity-focused hedge funds this month. Various measures of performance indicate the alternative investment vehicles may have a lot of explaining to do in March. […]
March tech losses burn hedge funds
SEC – Betting on the growth of technology companies proved to be a dangerous game in March as sharp stock declines burned some prominent hedge fund investors. Hedge fund firms that suffered stinging losses last month included Viking Global Investors, […]
New York Hedge Funds Win Job Cuts In Silicon Valley
Forbes – The technology companies of Silicon Valley tend to be pretty generous with their employees, offering nice pay packages and perks. And if you wanted a plush job in Silicon Valley in recent years, Juniper Networks was a good […]
Buffett’s Edge on Hedge Funds
Morningstar – Fees count in investing. Just ask storied investor Warren Buffett, who is far ahead in his highly publicized wager with the hedge fund industry. His bet: Over 10 years, a simple index fund tracking the Standard & Poor’s 500 […]
Two Men Caught Trading on Confidential Information Gained Through Eavesdropping
New York (HedgeCo.Net) – A man is being charged with violating a duty of trust by trading during a blackout window after he overheard work calls made by his wife. “Spouses and other family members may gain access to highly […]
Hedge Fund Letters to Tell of Favorite Trades Unraveling
Bloomberg – Pity the poor folks who have to write letters to investors on behalf of equity-focused hedge funds this month. Various measures of performance indicate the alternative investment vehicles may have a lot of explaining to do in March. […]
Activist hedge fund bets outpace S&P 500 over last five years
P&I – The often noisy investors such as Carl Icahn, Bill Ackman and Nelson Peltz — who urge corporate leaders to rethink their strategies and expedite stock-boosting changes — generated a 48% average gain for shareholders of the companies they’ve […]
Hedge funds’ bets shouldn’t be allowed to steer housing policy
STL – Nature may abhor a vacuum, but Congress doesn’t seem to mind going for years with a giant void where the nation’s housing policy should be. The problem is that in politics, as in nature, something always rushes to fill […]
What A Hedge Fund Failure Looks Like
Seeking Alpha – The Twittersphere couldn’t get enough of the news today/yesterday that hedge fund legend Paul Tudor Jones was shutting down one of his eponymous funds, the Tudor Tensor Fund (try saying Tudor Tensor ten times fast). And critics […]
Why I Don’t Like Hedge Funds (But Made One Exception)
Forbes – Many super-star traders run hedge funds. George Soros, Julian Robertson, Ray Dalio, and John Paulson have all produced double digit annual returns as hedge fund managers. Hedge funds typically attract hot talent, as hedge funds can often pay top traders and investment […]