Monthly Archives: June 2013
Hedge Funds Up 0.7% In May
New York (HedgeCo.Net) – The HFRX Global Hedge Fund index reports that hedge funds were up 0.7% for May and 4.6% year-to-date. Equity markets posted gains for the month despite paring gains in a late-month sell off as government bond […]
CQS plans equity hedge fund launch – source
Reuters – Hedge fund firm CQS is planning to launch its first so-called long-short equities fund, a source familiar with the plans said, as it looks to seize on a recovery in investor demand for managers who bet on shares […]
Hedge Fund Boss Preying on African-Americans Arrested
CNBC – “Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” Those were the words that Fredrick Douglas Scott attached to most of the emails sent to the clients of his boutique investment […]
Best 100 Hedge Funds
Barron’s – Hedge-fund manager Christian Zugel has made a mint in mortgage-backed securities, and he has also been wheeling and dealing in a lot of real estate. He has had to figure out how to fit a growing staff of […]
CQS Said to Plan Equity Hedge Fund With Ex-SAC Manager Morant
Bloomberg – CQS U.K. LLP, the $12 billion hedge-fund firm founded by Michael Hintze, is looking to start an equity fund as the company expands beyond its focus on credit investments, said two people familiar with the matter. The new hedge […]
Introducing the New Hedge Fund: The Family Office
NBC – For hundreds of years, family offices have been the financial equivalent of social registers—small, musty preserves of the rich that have little impact on the real world. But now, due to a giant regulatory loophole, family offices are […]
Bruce Lipnick Invited to The Champions of Change Ceremony at White House
New York (HedgeCo.Net) – Hedge fund pioneer, Bruce H. Lipnick, also the Founder and CEO of Crowd Alliance, has been invited to attend the Champions of Change Program on June 4, 2013 at the Eisenhower Executive Office Building at the White […]
New Orleans Firefighters File Suit Against Fletcher Hedge Fund
New York (HedgeCo.Net) – The U.S. Securities and Exchange Commission in 2011 opened a probe into New York hedge fund Fletcher Asset Management as three Louisiana pension systems raised questions about its liquidity. The firm received investments of $100 million from […]
Texas Investors Lose $215 Million Claim Against Hedge Fund Adviser
New York (HedgeCo.Net) – Hedge fund adviser Highland Capital Management won a summary judgment against a group of investors seeking more than $215 million. The judgment, which was granted in a Texas court, dismissed all claims by the investors. The […]
Tisch Says Hedge Funds Envy Him Amid Withdrawal Concerns
Bloomberg – James Tisch, who invests in hedge funds to boost returns at Loews Corp. (L), said he avoids managers with the largest pools of money and sleeps better at night knowing he doesn’t face the same prospect of client […]
South Carolina to overhaul $5.5 billion hedge fund portfolio
Pensions & Investments – South Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion South Carolina Retirement Systems. Under a new asset allocation effective July 1, […]
Hedge fund Man Group’s shares tumble after flagship fund loss
Reuters – Man Group’s shares fell more than 11 percent on Wednesday after it said its flagship hedge fund AHL had suffered one of its biggest weekly losses, wiping out its profits so far this year. The $14.1 billion computer-driven […]