Monthly Archives: June 2011
Michael Lipper: how I measure hedge funds’ shadows
CityWire – One of the ways that I try to give back to a society that has been very good to me and to my family is to volunteer at six non-profits. Often I sit on or chair investment and/or […]
Dow Jones’ Hedge Fund Index: Venture Capital Up 23% For 2010
New York (HedgeCo.net) – The estimated market value of venture capital-financed companies in the U.S. rose 19% in 2010’s fourth quarter and 23% for 2010, according to the Dow Jones U.S. Venture Capital Index. The index’s performance topped the Dow […]
Emerging Market Hedge Funds Up 6.5%
New York (HedgeCo.net) – Quarterly asset total increased by more than 6.5 percent as hedge fund investors raised exposure to emerging Asia and Russia, industry tracker Hedge Fund Research (HFR) said in a statement. Pharos Russia Funds said that, “The […]
Emerging market hedge fund assets at record $121 bln – HFR
Reuters – Assets managed by hedge funds betting on emerging markets rose to more than $121 billion in the first quarter of 2011, toppling the previous record of $117 billion set in 2007, according to data released by industry tracker […]
Billionaire Leon Cooperman Keeps Fighting With Controversial Hedge Fund Manager
Forbes – A fund of hedge funds connected to billionaire investor Leon Cooperman has sued embattled hedge fund manager Stephen Hicks for fraud, seeking $5 million in damages related to a bitter three-year battle over an investment redemption. Pine Street […]
Insider Trial Opens With Focus on Expert Networks
DealBook – As a consultant for an expert network, Winifred Jiau stood at the nexus of a scheme to leak the valuable secrets of companies to hedge funds for a sizable profit, a federal prosecutor said Thursday during opening statements […]
Asian hedge funds hit hard in May
Reuters – Asian hedge funds may have lost up to two-thirds of their year-to-date gains in May alone, with strategies such as macro and CTA, which bet on long-running market trends, hit hardest, said Matt Pecot, head of Credit Suisse’s […]
Cohen’s SAC said to receive $250 million in net deposits in 2011
Stamford Advocate – Investors have put $250 million into the main hedge fund of Steve Cohen’s SAC Capital Management LLC this year, even as prosecutors investigate accounts tied to two former portfolio managers who pleaded guilty to insider trading, according to two people […]
UCITS Hedge Fund Index – June 2011
New York (HedgeCo.net) – The UCITS Alternative Blue Chip Index is up 0.37% this week, thanks to a good overall performance of Long/Short Equity and Macro funds. Emerging Markets and CTA funds regain some ground after negative performances last two […]
Asia Rising Attracts Hedge Funds From Algebris to Soros Betting on Revival
Bloomberg – When a magnitude-9 earthquake struck Japan on March 11, Ivan Vatchkov, who moved to Singapore from London last year to run the Asian assets of Algebris Investments LLP, adjusted the hedge fund’s bets within minutes. “There have been a number […]
Jiau Jury to Hear Opening Statements in Expert Networker’s Trial
BusinessWeek – Prosecutors and lawyers for Winifred Jiau, an ex-Primary Global Research LLC consultant accused of passing nonpublic information to hedge fund managers, will present their opening arguments to jurors today, a judge said. Jiau is charged in a five-count […]