Monthly Archives: May 2015
Hedge Fund Diners Get ECB’s Market-Moving News Hours Early
Bloomberg – On Monday evening, Benoit Coeure told a room of bankers and hedge-fund managers in London that the European Central Bank will front load its asset-buying program before a summer lull. The next day, the rest of the market […]
High Fees? HedgeCoVest Has The Solution
New York (HedgeCo.Net) – One of the best things about the fee comparison tool is that it allows you to adjust the GAR to show the difference in fees at different return levels. Because of the incentive fee of 20%, […]
New Models On HedgeCoVest
New York (HedgeCo.Net) – HedgeCoVest is always looking for new models to add to the platform. We want investors to have as many options as possible, but we also want the models to be the best available. As a result, […]
Poisoning Suspected In Death Of Second Hedge Fund Lawyer
New York (HedgeCo.Net) – Alexander Perepilichnyy, a Russian whistleblower who died in 2012 of “natural causes,” has been found to have “traces of a rare plant poison in his stomach,” a pre-inquest hearing reported. Perepilichnyy had received death treats after reporting that money […]
A $200 Million Hedge-Fund Trade in Your Bond ETF Is Normal Now
Bloomberg – Don’t be surprised if you see a huge chunk of cash simply evaporate one day from your exchange-traded bond fund. There’s a good chance it’s just a hedge fund cashing in on a bet. An example of this […]
Billionaire hedge-fund manager says Uber told him it might cut driver pay ‘because we can’
Business Insider – Some of Wall Street’s hedge-fund community is becoming increasingly vocal about a serious problem with corporate America. Mike Novogratz, president of $70 billion investment fund Fortress Investments, gave a perfect illustration of this problem on Sunday’s episode […]
Tiger Cubs Lead Hedge-Fund Stampede Into China’s Red-Hot JD.com
Bloomberg – Tiger cubs including Lone Pine Capital, so-named because their founders worked for billionaire Julian Robertson’s Tiger Management, helped lead a rush into the Chinese online retailer’s American depositary shares in the first quarter. Hedge funds hold a record […]
Active Managers Up, Hedge Fund Managers Out
Bloomberg – Through the end of April, U.S. stock mutual funds that are actively managed rose 2.25%, including dividends and expenses, according to research firm Morningstar Inc. Mutual funds that track various stock indexes were up 2.2% in the same […]
Do something more creative than intern at Goldman Sachs
Business Insider – Hedge fund titan Michael Novogratz, the president of Fortress Investment Group, wants young people he hires to do more than just intern at Goldman Sachs or a top consulting firm. “We interview a lot of kids, and […]
Argon Raises $75 Million From Its Credit Hedge Fund
New York (HedgeCo.Net) – Argon, a leading provider of online consumer loans, today announced that it has successfully raised a total of $81 million from investors, highlighted most recently by a $75 million debt facility from a credit hedge fund. […]