Monthly Archives: May 2013
NYC Pension Chief Seeks $500,000 Managers Not Wall Street
Bloomberg – New York City’s $140 billion retirement system pays Wall Street money managers about $360 million a year, the only one of the 11 biggest U.S. public-worker pensions that refuses to manage any assets internally. Larry Schloss, the city’s […]
European Institutional investors shy away from Hedge Fund investments
New York (HedgeCo.net) – This month’s edition of Preqin’s Hedge Fund spotlight shines some light on a change in European investor’s appetite for Hedge Fund investments. Among allocators who invest more than $1 billion in Hedge Funds, 24% came from […]
Two Things You Should Know If You Want To Be Real About Hedge Funds
Hedge funds are known for being high powered, high performing financial firms that employ the smartest people and command the top of top dollar for their services. So it’s important to keep up with what they’re doing. This morning, two […]
Funds of hedge funds resurgent, says Optima founder Dixon Boardman
HedgeWeek – The fund of hedge fund business is strong and is regaining momentum and America is leading the way, says Dixon Boardman, founder of Optima Fund Management. Boardman cites figures from Hedge Fund Intelligence noting that in 2012 North […]
Risk Aversion Puts Hedge Funds Behind S&P 500
Bloomberg – Hedge funds are paying a price for being too hesitant to buy stocks in the midst of a four-year bull market, according to Barry Ritholtz, FusionIQ’s chief executive officer. As the CHART OF THE DAY shows, Hedge Fund […]
Here is What Hedge Funds Think About The Hershey Company (HSY)
Insider Monkey – Is The Hershey Company (NYSE:HSY) the right pick for your portfolio? Hedge funds are taking a pessimistic view. The number of long hedge fund positions were trimmed by 2 in recent months. If you’d ask most stock […]
HSBC Asia Prime-Finance Team Seeks to Double Hedge-Fund Assets
HSBC Holdings Plc (HSBA), the largest European bank by assets, plans to double its Asia-Pacific prime finance team’s cut of hedge-fund assets in the coming year, said Melvyn Ford, regional head of the business. It is part of a target […]
Hedge funds losing love for Fifth Third stock
Biz Journals – Hedge funds might be falling out of love with Fifth Third Bancorp’s stock just as it’s hitting a peak. A report from Insider Monkey, an oddly named website that tracks trading by insiders and hedge funds in […]
Hedge Funds Care Expands Reach By Becoming Help For Children: Prevent and Treat Child Abuse
New York (HedgeCo.net) – Hedge Funds Care was started as a dinner in New York City with one mission and two goals. The one mission was preventing and treating child abuse and the two goals: raising as much money as possible […]
Hedge Fund Activists Call For a Breakup Of RHJ International
New York (HedgeCo.net) – A group of hedge funds led by Geneva-based investor Equilibria Capital have called for the break-up of $5.1 billion financial services group RHJ International (RHJI). The move would stop RHJI from acquiring leading German investment bank BHF, and […]
Tourre Seeks to Keep SEC From Arguing CDO Added to Crisis
Bloomberg – Former Goldman Sachs Group Inc. (GS) executive Fabrice Tourre asked a judge to block the U.S. Securities and Exchange Commission from arguing at his fraud trial set for July that he contributed to the financial crisis. Tourre, who […]
Hedge Fund Investors Continue Leaving SAC
New York (HedgeCo.Net) – San Francisco-based fund of hedge funds Ironwood Capital Management is planning to pull about $100 million from hedge fund billionaire Steven Cohen’s SAC Capital Advisors, according to a Reuters report. Since the SEC insider trading investigation […]