Monthly Archives: May 2015
CNBC skipped the biggest hedge fund conference of the year, and Wall Street barely noticed
Wall Street barely noticed that CNBC didn’t cover SALT, the biggest hedge fund conference of the year held in Las Vegas last week. “Don’t know if CNBC really made a difference,” said one hedge fund executive. “Right now it’s all […]
Hedge fund manager Andurand sees drop in Brent crude by year-end
Reuters – Oil-focused hedge fund manager Pierre Andurand said on Thursday that he expected benchmark Brent crude to drop to about $50 a barrel by year-end due to higher production and market volatility. “I don’t think the market is ready […]
An eye-popping figure about hedge fund managers
CBS – One group of workers charges hefty fees for managing the assets of wealthy patrons. The other group educates almost 4 million U.S. kindergarten students annually in reading, writing and arithmetic. Which group provides more value to America? While […]
HedgeCoVest Mid-Quarter Report Card
New York (HedgeCo.NET) This coming Friday will mark the middle of the second quarter and the performances of some sectors have changed dramatically compared to the first quarter. At HedgeCo Vest during the first quarter, the healthcare sector (especially the […]
Despite Whipsaw Market, Models Continue to Outperform
New York (HedgeCo.Net) – Stocks had a strange week last week with big down days on Tuesday and Wednesday, but then the losses were erased on Thursday and Friday. Part of the reason for the whipsaw move was due to […]
Manager profile and insights: Trent May, Deer Creek Capital Partners
New York (HedgeCo.Net) – Deer Creek Capital Partners (“DCCP”) was founded in October 2002 and is a Colorado Registered Investment Advisor. DCCP is the investment manager for Deer Creek Long / Short Model. Recently we were able to speak with […]
Active vs. Passive vs. Hedge Funds
New York (HedgeCo.Net) – As the prominence of low-cost mutual funds and ETFs has grown over the last 30 to 40 years, so has the debate over whether passive management is better than active management heated up. Study after study […]
New York hedge fund buys RadioShack name, data for $26.2M
Biz Journals – New York hedge fund Standard General LP has been declared the winner in an auction for RadioShack’s name and other intellectual property. Standard General agreed to pay $26.2 million for the Fort Worth retailer’s trademark and customer […]
Santa Barbara-Based Hedge Fund Advisers Charged With Misconduct
New York (HedgeCo.Net) -California hedge fund adviser Alpha Titans LLC and two executives have been involved in improper allocations of fund assets to pay undisclosed operating expenses, the SEC said. Also charged was an accountant who conducted the outside audit […]
Northern Trust Hedge Fund Services Calls for Industry Standards in Reporting
New York (HedgeCo.Net) – Northern Trust Hedge Fund Services has issued a call to the hedge fund industry to adopt standards in reporting to better address demands from both investors and regulators. The recommendation follows a key finding from a […]
SS&C GlobeOp Hedge Fund Performance Index: April performance 0.34%
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2015 measured 0.34%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.92% in May. “May 2015 saw the […]
Hedge-Fund Manager’s Credibility Questioned in Russian Laundering Case
WSJ – Hedge-fund manager William Browder has long portrayed himself as a crusading financier seeking justice for the death of his associate Sergei Magnitsky, who was allegedly beaten to death in a Russian prison in 2009 after exposing a tax […]