Monthly Archives: June 2013
Hedge Funds in Japan Ride Small-Cap Rally on Abenomics Boost
Bloomberg – Japanese hedge funds investing in smaller companies are outperforming as trading in small-cap stocks more than doubled this year amid Prime Minister Shinzo Abe’s efforts to revive the world’s third-largest economy. Monterey Japan Equity Fund, which manages about $100 million, […]
After JPMorgan, Staley Sizes Up Banks for Hedge Funds
DealBook – As the head of JPMorgan Chase‘s investment bank, James E. Staley helped the company navigate the thicket of new regulations that emerged after the financial crisis. Now, he is betting that those regulations present an investment opportunity. Mr. Staley, […]
Attack of the Hedge Fund Clones
Bloomberg – In the investment world there are two kinds of people — those who want to beat the market, and those who want to be the market. Hedge fund managers are the former, while index fund managers are the latter. […]
Former trader offers sordid peek at world of hedge funds
Profit – Turney Duff, former stock trader, recovering cocaine user and first-time author, stepped out the front door of his new home, the ground floor of a modest split-level house in a sleepy Long Island neighborhood. “You want the grand […]
Sure, Go Ahead and Invest in Goldman Sachs’ Hedge Fund for Average Joes
TIME – Much attention has been paid lately to Goldman Sachs’ decision to “help” average folks (a.k.a. the 99% crowd) access the kind of high-stakes hedge funds once available only to the superrich (a.k.a. the 1%). And while all sorts of pundits and investor […]
RHJ Strategy and Pay Warrants Board Overhaul, Hedge Funds Say
Bloomberg – A group of hedge funds criticized RHJ International (RHJI) SA’s acquisition strategy as “erratic” and payments to managers as “egregious” as they repeated their call for a board overhaul and return of capital to investors. Several of the companies Brussels-based RHJ has […]
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, […]
SunTx Capital Partners Launches New Hedge Fund
New York (HedgeCo.Net) – The founding partners of SunTx Capital Partners, in collaboration with veteran senior portfolio manager Ron Dodson, have launched the Dallas based IXTHYS Capital Management, LLC (“IXTHYS”), a new hedge fund investment manager. Ron Dodson, a derivative […]
Gibraltar Campaigns To Attract Hedge Funds
New York (HedgeCo.Net) – Gibraltar has launched a campaign to bring London hedge funds to “the Rock,” the Guardian reports. Gibraltar Chief Minister Fabian Picardo has made attracting hedge funds one of the main goals of his administration, last week […]
Hedge Fund Fight Puts Women, Bankers in H.K. Boxing Ring
Bloomberg – I won my first boxing match and I’m hooked. It’s going to be days before I come down from this high. The rush of stepping out in front of 550 screaming friends, colleagues and work contacts, entering a […]
Hedge Fund People Moves: Guarino and Pingili Join Cordium
New York (HedgeCo.Net) – A global hedge fund compliance consultant has added two new members to it’s team. Cordium, the new new name for HedgeOp Compliance and The IMS Group, has hired Peter Guarino as Vice President at Cordium’s Boston office. Vivek […]
Will Smith and The Pursuit of Hedge Fund Happiness
WSJ – Who is activist investor Dan Loeb’s favorite action star? Probably not Will Smith, whose latest movie, After Earth, earned just $27 million at the box office in its opening weekend. That’s a disappointing showing for the Sony Pictures Entertainment offering. […]