Monthly Archives: May 2015
$1.5 To $3.3 Billion Risk Gap: Deutsche Bank To Pay $55 Million Penalty
New York (HedgeCo.net) – The Securities and Exchange Commission yesterday charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to […]
Hedge fund aims algorithms at pharma patents to sink stocks
BioTech – Hedge fund manager Kyle Bass has outlined how he picks pharma patents to challenge for his new money-spinning project. The project is underpinned by two emerging assets commonly thought of as a potential boon for drug developers: large […]
Asian Hedge Funds Continue To Dominate HSBC Rankings
ValueWalk – Asian Hedge Funds continue to dominate the top listings of HSBC Holdings plc’s weekly hedge fund performance report, while systematic names that dominated last year’s rankings have been generally finding difficulty in May along with some top names. […]
Pimco and Hedge Funds Are Still Fighting Over Subprime Scraps
Bloomberg – Eight years after the bottom fell out of the U.S. housing market, investment giants including BlackRock Inc. are facing off against small hedge funds over the detritus of the subprime era. The issue: When does it stop making […]
Oil Majors Falling Out Favor With This Hedgefund Boss
OilPrice – Huge oil companies, among the largest businesses in the world, don’t excite hedge fund manager Jim Chanos because today they have to work harder and more inefficiently than ever to bring their products to market. “[W]e’re just seeing […]
Google Chairman Invests In Hedge Fund D. E. Shaw
New York, HedgeCo.Net – Google chairman Eric Schmidt, has bought a 20% equity share in the D. E. Shaw group, a global hedge fund investment and technology development firm with more than $36 billion in aggregate investment capital. “I’ve always […]
FAs at Wirehouses Slowly Increasing Alternative Allocations
New York (HedgeCoVest.com) – It may be at a snail’s pace, but the latest data suggests that financial advisors at wirehouse firms are slowly increasing their client allocations to alternative investments. In a report from the Money Management Institute and […]
S&P Capital IQ: Hedge Fund Are Diving Into Health Care Stocks, $4.8 Billion
New York (HedgeCoVest.Com) – S&P Capital IQ’s first quarter hedge fund analysis finds that the health care sector has driven the lion’s share of buying among the largest pure play hedge fund managers, with net buys of $4.8 billion in […]
Hedge Fund Strategy: Behringer Securities and Meritage Capital To Team Up
New York (HedgeCoVest.Com) – Hedge funds Behringer Securities LP and Meritage Capital, LLC have signed an agreement to work together to develop, manage and distribute a series of milti-strategy market volatility investment funds. Austin-based Meritage Capital has $1.2 billion in […]
SS&C GlobeOp Forward Redemption Indicator: May Notifications 4.68%
New York (HedgeCo.Net) – The SS&C GlobeOp Forward Redemption Indicator for May 2015 measured 4.68%, up from 3.36% in April. “SS&C GlobeOp’s Forward Redemption Indicator of 4.68% for May 2015 is up from 3.36% in April, reflecting mainly seasonality, as the […]
Charter Agrees to Buy Time Warner for $55 Billion
NBC – The broadband battle heated up on Tuesday when Charter Communications said it agreed to buy Time Warner Cable for $55 billion, in a deal that would combine the second- and third-largest U.S. cable providers and create a more […]
Hedge fund managers stung by ‘class warfare’ rhetoric
CNBC – Hedge fund investments are finally outperforming, but the public image of their managers is taking a beating. President Barack Obama called the group “society’s lottery winners” last week, noting that the top 25 earning hedge fund managers made […]