Monthly Archives: August 2015
Madoff Criminal Case Finally Comes To An End
(HITC Business) In 1964, Irwin Lipkin became one of the first employees at a small New York trading firm called Bernard L. Madoff Investment Securities. Reuters reports that five decades later, Lipkin, 77, is set to be sentenced on Wednesday […]
This Brazilian Billionaire Could Make or Break Bill Ackman’s Latest Big Investment
(Business Insider) Activist investor Bill Ackman has made the food and beverage multinational Mondelez International his newest target. The hedge fund manager is likely to push for the company to cut costs or sell itself to a rival, according to […]
Billionaire Ken Griffin Might Bring Back The Hedge Fund IPO
(Forbes) Billionaire Ken Griffin has rebuilt his Citadel, the Chicago hedge fund firm that nearly collapsed during the financial crisis and now manages $26 billion. Now, Griffin is once again thinking about taking his hedge fund firm public. The Wall […]
Bank of America Tells Advisers To Exit Paulson Hedge Fund
(Reuters) Bank of America Merrill Lynch is telling its financial advisers to pull clients’ money from billionaire hedge fund manager John Paulson’s Advantage fund and said they are not permitted to put new money into one of his other portfolios. […]
Fund of Hedge Funds Outperforming Individual Hedge Funds
New York (HedgeCo.net) We have featured several articles about how the HedgeCoVest platform can be used to build a portfolio of hedge fund strategies, kind of like building your own fund of hedge funds. The benefits of building a fund […]
Oil Decline Hurting Futures Funds and Causing Closings
New York (HedgeCo.net) – With oil resuming its slide that started over a year ago, hedge funds that trade oil futures are getting killed. Oil did manage a small bounce from mid-March to mid-May, but over the last month and […]
July Produced Mixed Results For Big Name Fund Managers
New York (HedgeCo.net) – July wasn’t a bad month for the market as the indices tried to bounce back from the losses in June, but the results turned in by some of the biggest names in the hedge fund industry […]
Big Gains in Short-Only Models Over Last 30-Days
New York (HedgeCo.net) – Scrolling the HedgeCoVest platform Friday afternoon there was something that stood out about the 30-day returns and the top five performing models during this time period—three of the five were short-only models and two were long/short […]
How Liquid are Liquid Alternatives?
New York (HedgeCo.net) – Liquid alternative mutual funds have seen explosive growth over the last five years and with good reason. The idea behind liquid alts is to offer the benefits of hedge fund strategies while eliminating some of the […]
Model Spotlight: HedgeCoVest Industrial Short-Only
New York (HedgeCo.net) – The last two months have been somewhat tough for the overall market. With May 27 as a starting date and continuing through July 27, the S&P 500 has only been in positive territory for four days. […]
Discovery Capital Management Enjoys Big July
New York (HedgeCo.net) – After getting caught on the wrong side of the selloff in China, Robert Citrone’s Discovery Capital Management bounced back with gain of 5.88% on July and that moved the fund in to positive territory on the […]
Credit Suisse Liquid Alternative Index Up in July
New York (HedgeCo.net) – The Credit Suisse Liquid Alternative Beta Index was up 1.38% in July which was a nice recovery from the 2.05% loss for the month of June. The index, which was designed to represent the overall hedge […]