Monthly Archives: September 2015
Tough August For Two Prominent Fund Managers
New York (HedgeCo.net) – August came to a close yesterday and after all the gyrations and increased volatility, the final result for the month was a loss of 6.26% for the S&P 500. That is the worst monthly loss for […]
Low Correlation Models Shine As Market Falls
New York (HedgeCo.net) Last week was brutal for stocks as the S&P lost 5.77% for its worst weekly performance since September 2011. While the overall market was getting hit, several models on the HedgeCoVest platform performed very well. Of course […]
Model Spotlight: Cornerstone US Long/Short Alpha Model
New York (Hedgeco.net) On a year to date basis, the top fund manager model on the HedgeCoVest platform is the Cornerstone US Long/Short Alpha model with a return of 9.53% through last Thursday, and the model was up 2.81% in […]
Hedge Funds Boost Bullish Oil Bets and Gain From Late-Week Rally
(Bloomberg) Hedge funds couldn’t have timed an increase in bullish oil positions better, just before improving prospects for U.S. growth sent crude on its biggest two-day rally in six years. Money managers boosted their net-long position in West Texas Intermediate […]
Hedge Fund People: New Edition of AIMA Journal, 3 Added To AIMA Council
New York (HedgeCo.Net) – The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the formation of a new AIMA Council, AIMA’s global board of directors. The 100th edition of the AIMA Journal has also been […]
Argentina Asks Judge to Deny Hedge Funds’ Contempt Bid
Bloomberg – Argentina told a U.S. judge that holding it in contempt for disobeying his orders in a bond-payment fight with hedge funds would violate international law. A contempt ruling, sought by Paul Singer’s Elliott Management Corp. and other investment […]
Hedge Funds Must Ramp Up Infrastructure to Accommodate Liquid Alts
Forbes – Pressures have been mounting on hedge fund managers to hedge their own businesses and diversify away from the hedge fund model itself. Lackluster performance, difficult markets, fees that are perceived as too high, scandals and conflicts of interests […]
Hedge fund strategies meet bond mutual funds
CNBC – For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of “unconstrained bond funds” has been thrust […]
Bill Gross, Calpers and the End of the Investment Guru
NYT – There were two big developments last week that seemed unrelated but are really part of the same big story of how finance is changing. First, Calpers, the gargantuan California public employees pension agency, said it would no longer […]
GreenDust in talks with hedge funds like Falcon Edge to raise over $100M
VC Circle – Delhi-based Reverse Logistics Company Pvt Ltd (RLC), which operates under the brand GreenDust, an e-commerce platform for refurbished goods, is in talks to raise over $100 million in its Series B round of funding, sources close to […]
Texas Tycoon To Pay Up To $4 Million In Fines
New York (HedgeCo.Net) – Defendant Sam Wyly and the estate of his now deceased brother Charles Wyly, have been ordered to pay disgorgements that could reach $400 million, potentially bankrupting the Texas “entrepreneur.” The Wylys’ scheme defrauded the investing public […]
Regulators Take A Closer Look At Hedge Fund “Dividend Arbitrage” Strategy
New York (HedgeCo.Net) – Banks that are helping hedge funds avoid taxes through a strategy known as “dividend arbitrage,” are being questioned by US regulators, the WSJ reports. The strategy can help clients cut taxes from as much as 30% […]