Author Archives: the HedgeCo News Team
Here is What Hedge Funds Think About The Hershey Company (HSY)
Insider Monkey – Is The Hershey Company (NYSE:HSY) the right pick for your portfolio? Hedge funds are taking a pessimistic view. The number of long hedge fund positions were trimmed by 2 in recent months. If you’d ask most stock […]
HSBC Asia Prime-Finance Team Seeks to Double Hedge-Fund Assets
HSBC Holdings Plc (HSBA), the largest European bank by assets, plans to double its Asia-Pacific prime finance team’s cut of hedge-fund assets in the coming year, said Melvyn Ford, regional head of the business. It is part of a target […]
Hedge funds losing love for Fifth Third stock
Biz Journals – Hedge funds might be falling out of love with Fifth Third Bancorp’s stock just as it’s hitting a peak. A report from Insider Monkey, an oddly named website that tracks trading by insiders and hedge funds in […]
Hedge Funds Care Expands Reach By Becoming Help For Children: Prevent and Treat Child Abuse
New York (HedgeCo.net) – Hedge Funds Care was started as a dinner in New York City with one mission and two goals. The one mission was preventing and treating child abuse and the two goals: raising as much money as possible […]
SALT 2013 – A review of the SkyBridge Annual Hedge Fund Conference in Vegas
New York (HedgeCo.Net) – SALT is Skybridge’s annual hedge fund conference held in Las Vegas each year. This May marked my fourth SALT conference. Now 2 weeks after it ended I’ve finally caught up with all my emails, and it’s time to digest […]
Beware of that hedge fund in the window
FORTUNE — Hedge funds soon will be allowed to advertise their wares to potential clients, thanks to a provision in last year’s JOBS Act (which had no direct relation to actual jobs). As will private equity funds, venture capital funds […]
Hedge Fund Baskets Are Full of Apple
Wall St. Cheat Sheet – Is Apple (NASDAQ:AAPL) the must-have stock for hedge funds in 2013? Just like most people think of an apple when asked to think of a fruit, it turns out that most hedge fund managers think […]
Hedge Funds Aren’t Crazy About MetroPCS Communications Inc (PCS) Anymore
MetroPCS Communications Inc (NYSE:PCS) investors should be aware of a decrease in hedge fund interest in recent months. In today’s marketplace, there are plenty of gauges market participants can use to track the equity markets. A duo of the best […]
Hedge Fund Administration firm Northern Trust wins Custody Risk Magazine Award
New York (HedgeCo.Net) – For the second consecutive year, Northern Trust has been recognized for both transition management and hedge fund administration by Custody Risk magazine, which recognizes outstanding achievement in the securities services industry with its Americas Awards 2013. “These […]
More Evidence Hedge Funds Are an Expensive Way to Trail the S&P 500
Bloomberg Businessweek – For those who take delight in the so-called “smart money” underperforming the “dumb money,” here are some enjoyable new data points that show hedge funds continue to be an overpriced, middling asset class. Goldman Sachs’s (GS) quarterly […]
Goldman’s Mutual Fund of Hedge Funds targets 401(k) and individual portfolios
New York (HedgeCo.Net) – Goldman Sachs announced it was launching the Goldman Sachs Multi-Manager Alternatives Fund. This new mutual will invest directly in hedge funds which up until now have been only available to Accredited Investors. The fact sheet states […]
Citi to boost Assets Under Administration with $4.2 billion mandate from NWI Management
New York (HedgeCo.Net) – Citi has been awarded a new mandate to provide hedge fund administration services to NWI Management LP (“NWI”), a New York-based investment adviser. The mandate covers private investment funds totaling over $3.1 billion in assets as […]
