Monthly Archives: May 2014
Coin Capital Management: New Bitcoin Hedge Fund To Launch This Week
Coin Report – This week, a new bitcoin hedge fund called Coin Capital Management will be launching. The fund will buy and hold onto the digital currency in a grade A institutional environment. Managing partner and founder of the New […]
Hedge Fund Returns Are Falling Because Hedge Fund Returns Used To Be Just Great
Forbes – Dam McCrum over at FT Alphaville has a look at why the top hedge fund managers are making so much darn money. I don’t disagree with anything he says I just want to pick up on a point […]
Hedge fund faithful and Tony Blair head to Vegas
Gulf News – Tony Blair, Francis Ford Coppola and Mary Schapiro are just a few of the many high-profile names descending on Salt this week, the Las Vegas conference billed as the must-attend hedge fund event of the year. The […]
JPMorgan flagship hedge fund stalls
CNBC – One of the world’s largest hedge fund firms inside one of the world’s largest banks is stalling, underscoring the challenges faced by other increasingly large money managers. JPMorgan Chase’s asset management unit’s majority purchase of Highbridge Capital Management in […]
Growth ETFs Redeem $5.6 Billion since Start of April, while Value ETFs Issue $3.9 Billion
TrimTabs Investment Research reported today that there has been a massive rotation out of growth and into value this spring. Growth-oriented U.S. equity exchange-traded funds have redeemed $5.6 billion (4.6% of assets) since the start of April, while value-oriented U.S. […]
Hennessee Hedge Fund Index lost -0.64% in April (+0.79% YTD)
The Hennessee Arbitrage/Event Driven Index increased +0.11 % in April (+2.26% YTD). The Barclays Aggregate Bond Index gained +0.84% (+2.81% YTD) as interest rates were slightly lower for the month. High yield increased as the Merrill Lynch High Yield Master […]
Hedge fund titans are testing the quality of US democracy
FT – John Paulson made his fortune by taking a massive short position against the US housing bubble. Today the hedge fund billionaire is betting that the US political system will fail. This time he has company. Other billionaires have […]
CalPERS chopping hedge fund allocation
CalPERS portfolio managers have begun cutting the system’s $5.3 billion hedge fund allocation in half, signaling a shift away from the asset class for the nation’s largest defined benefit plan, say multiple sources familiar with the pension plan’s operations. The […]
Oxford University wins best allocator to hedge funds
FN – Of the UK’s two oldest universities, it was Cambridge that set the trend towards a more sophisticated approach to managing its endowment – it hired Nick Cavalla from Man Group as its first chief investment officer in 2007, […]
Dymon gets $500 mln from Temasek to seed hedge funds
Reuters – Singapore-based asset manager Dymon Asia Capital has received commitment worth $500 million from Temasek Holdings to jointly invest in hedge funds, Dymon said in a statement on Monday. The first investment from the venture will be in Port […]
The Hedge Fund That Ate Chicago
HuffPo – There’s a battle royale raging in Chicago. It pits hedge funds, the Chicago financial exchanges, real estate interests and Mayor Rahm Emanuel on the one side, against public employee unions and community groups on the other. At issue […]
Man Group FUM At $55 Billion In Q1, Hedge Fund Inflows
New York (HedgeCo.Net) – Hedge fund investor Man Group reported funds under management (FUM) at 31 March 2014 standing at $55.0 billion (31 December 2013: $54.1 billion). The hedge fund giant also reported inflows in the quarter of $2.0 billion, comprising […]