Monthly Archives: June 2016
Adviser Steered Investor Money to His Own Companies
(HedgeCo.Net) The Securities and Exchange Commission today charged a North Carolina-based investment adviser with defrauding investors by secretly steering portions of real estate-related investments into deals with companies that he owned or operated himself. The SEC alleges that Richard W. […]
PIMCO Total Return Suffers Nearly $1B in Outflows in May
(Reuters) – Investors pulled approximately $1 billion from the PIMCO Total Return Fund, one of the world’s largest bond funds, in May following cash withdrawals of the same amount the previous month, the Newport Beach, California-based firm said on Thursday. […]
Identifying Hedge Fund Crowding
(Harvest) This piece follows the approach of our earlier articles on crowding: We processed regulatory filings of over 1,000 hedge funds and created a position-weighted portfolio (HF Aggregate) consisting of all tractable hedge fund long U.S. equity portfolios. We then […]
Investors Rush To Commodities Hedge Funds
(Valuewalk) The hedge fund industry just can’t seem to catch a break this year….However, there’s one section of the hedge fund world that seems to be doing better than others. After years of haemorrhaging clients and cash, commodities hedge funds […]
Calderwood Launch Brings New Independent Director Firm to Cayman Islands
(HedgeCo.Net) Ushering in a new benchmark for fund governance in the Cayman Islands, Calderwood has officially launched and is now open for business, providing experienced independent directors to a range of investment vehicles. Calderwood has been formed by Ronan Guilfoyle […]
Hedge Fund Marcato’s Main Fund up 1.2 Pct, Encore Fund up 4 Pct in May
(Reuters) Activist hedge fund Marcato Capital Management’s main portfolio climbed 1.2 percent in May as some of its biggest investments, Bank of New York Mellon and Sotheby’s, performed better.The May returns helped shrink the fund’s year-to-date decline to 8.7 percent […]
Gundlach’s Doubleline Reaches $100 Billion in Assets Under Management
(Reuters) Jeffrey Gundlach’s DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday. DoubleLine, founded in December 2009 and considered one of the fastest-growing asset managers in the United States, benefited from […]
Brokerage Firm Charged With Anti-Money Laundering Failures
(HedgeCo.Net)— The Securities and Exchange Commission today charged a Wall Street-based brokerage firm with failing to sufficiently evaluate or monitor customers’ trading for suspicious activity as required under the federal securities laws. An SEC investigation found that Albert Fried & […]
Goldman Says Hedge Funds Wedded to Top Picks Like Never Before
(Bloomberg) Hedge funds, who’ve seen their reputations take a beating in recent months, have not suffered a corresponding hit to their confidence, at least as far as stock-picking goes. So says research from Goldman Sachs Group Inc., which found that […]
Private Equity Fund Adviser Acted As Unregistered Broker
(HedgeCo.Net) The Securities and Exchange Commission today announced that a Maryland-based private equity fund advisory firm and its owner have agreed to pay more than $3.1 million to settle charges that they engaged in brokerage activity and charged fees without […]
Philadelphia Investment Partners Launches New Fund
(FinAlternatives) Philadelphia Investment Partners LLC (PIP) has launched a new investment vehicle that will focus on generating favorable risk-adjusted total returns through the combination of targeted, value-based equity positions and a managed derivatives strategy. The new fund, named the Dynamic […]
Still Afraid to Put Your Boat in the Water?
(Daily Alts) Don’t worry, you aren’t the only one. With the Fed getting more anxious to raise interest rates again and a Brexit vote in a few weeks, many investors are staying out of the water and waiting for those […]