Monthly Archives: August 2012
Ralcorp shares gain; hedge fund presses for action
MarketWatch – An activist hedge fund on Thursday called on Ralcorp Holdings Inc. to sell itself or explore other strategic options, voicing displeasure over the private-label food maker’s performance since rejecting a $5.2 billion buyout offer from ConAgra Foods Inc. […]
HedgeCo™ (HCN) Hedge Fund Indices Through July 2012 [UPDATED]
New York – (HedgeCo.Net) – [UPDATED] The HedgeCo.Net Hedge Fund Aggregate Index showed an average annual return of 1.09% through July 2012. The HCN Long/Short Index ranked highest at 5.58%. “Most of the industry decided to sit tight and ride […]
Hedge Fund Tech: Indus Expands Global Offices With 50 New Employees
New York (HedgeCo.Net) – Hedge Fund tech provider Indus Valley Partners (IVP) is expanding its New York City and Noida, India offices in order to accommodate the expanding needs of its hedge fund clients. Year-to-date, IVP has added 12 new hedge […]
In 2012, oil a boon to Boone Pickens fund
Reuters – T. Boone Pickens, the billionaire Texas hedge-fund manager, said on Wednesday that oil, the commodity that brought him fame and fortune, has again been a boon for his main portfolio this year. “We’ve done well in the oil […]
Hedge Funds: The New Dumb Money
Oil Price – Much of the fury in this morning’s nearly 60 point “melt up” opening in the Dow was generated by hedge funds panicking to cover shorts. Convinced of the imminent collapse of Europe, the impotence of governments, and […]
Plural Investments hedge fund founded by SAC alum to shutter
Reuters – Plural Investments, a New York-based hedge fund founded by the former chief investment officer at SAC Capital’s CR Intrinsic division, will shutter his firm by the end of September, according to people familiar with the decision. Plural was […]
Hedge fund wants Spokane’s Clearwater Paper sold in parts
Seattle Times – Hedge fund titan Steven A. Cohen wants the board of Clearwater Paper to separate the Spokane-based company’s consumer products from its pulp and paper operations so either or both can be sold off, according to a regulatory […]
Hedge funds expand presence in fixed-income market
Reuters – U.S. hedge funds accounted for nearly a quarter of bond trading in the U.S. between April 2011 and April 2012, the most in five years and highlighting the greater presence of hedge funds in the U.S. bond industry, […]
Hedge Fund People: KPMG Expands with Five New Additions to Team
New York (HedgeCo.Net) – Hedge fund audit, tax and advisory firm, KPMG, announced today that it is continuing its investment in its Alternative Investment Funds practice by bringing on board several new partners and managing directors to bolster the firm’s initiative […]
SEC Further Delays Repeal of Hedge Fund Advertising Restrictions
New York (HedgeCo.Net) – The SEC was expected today to repeal the ban on advertising, Title II of the JOBS Act, that was signed in to law by Obama on April 5th 2012. However the SEC has rescheduled it for a week […]
Citadel to U.S. SEC: Approve Nasdaq’s Facebook Compensation Plan
Reuter – Citadel LLC urged regulators to approve Nasdaq OMX Group’s $62 million compensation plan for firms harmed by Facebook’s May 18 glitch-ridden initial public offering. Citadel’s market making unit bought and sold over $3.8 billion worth of Facebook stock during […]
Hedge Funds, Grimacing, Open the Kimono
BusinessWeek – It’s late August. And they’re groaning about a stack of homework that is causing an early, cruel end to beach season. High schoolers? Nope—the managers of America’s largest private investment funds, who on Aug. 29 must file a […]