Author Archives: the HedgeCo News Team
Big Hedge Funds Suddenly Bullish
Barrons – Be bullish. That’s the overarching message from the options market as it fills with talk of two major developments that suggest the stock market will keep rallying to new record highs. Major hedge funds are reportedly buying, or have […]
Google Is The New Hedge Fund Hotel, Boeing The Market Darling, And Apple’s Looking Rotten
Forbes – The 50 largest hedge funds in the world decided to sell Apple in the first quarter, replacing it with Boeing and, interestingly, Norwegian Cruise Holdings which went public in January, according to a report by FactSet. The group […]
Sony mulls hedge fund’s entertainment sale idea
TOKYO (AP) — Sony’s CEO Kazuo Hirai says the company’s board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about […]
Steven Cohen reported to close up SAC Capital in Insider Trading deal
New York (HedgeCo.Net) – We have reported the ongoing trouble that SAC’s Steven Cohen with Insider Trading allegations against traders at his firm SAC Capital. In January, 2011 after the first slate of investigations, Steven Cohen consoled his investors with […]
SEC’s Walter suggests agency may move forward on hedge fund ad rule
A commissioner on the Securities and Exchange Commission on Monday said she supports allowing hedge funds to publicly advertise, but she also raised concerns about how a proposal under consideration by the agency doesn’t seem to consider a number of […]
Russia asks Interpol to monitor movements of British hedge fund boss Bill Browder
The Independent – Russia has applied to Interpol to monitor the travel and whereabouts of a British hedge fund boss wanted by Moscow who is at the heart of a diplomatic stand-off over the alleged killing of whistle-blowing lawyer Sergei […]
Hedge Funds Boost ICE Brent Crude Net-Longs to Six-Week High
Bloomberg – Hedge funds and other money managers raised bullish bets on Brent crude to their highest level in six weeks, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered […]
Did AIG Just Lose Its Title As Top Hedge Fund Darling?
The Motley Fool – One of the big headlines earlier this year involved American International Group’s ascension to the top spot among hedge fund holdings. Knocking the reigning darling (Apple) from its top spot, the insurer was put back in […]
The 49 Stocks That The Biggest Hedge Funds Love Most
Business Insider – After thumbing through the latest quarterly filings from the world’s 50 biggest hedge funds, Factset has published its Q1 Hedge Fund Ownership Report. “The 50 largest hedge funds increased their equity exposure by over 5% in Q1 […]
Pershing and BNY Mellon Combine Bank and Brokerage Custody into a Single Service Offering
New York (HedgeCo.Net) – Pershing LLC, a BNY Mellon company, today announced that Pershing Advisor Solutions and BNY Mellon’s Wealth Management Advisor Custody Group, will now deliver a single-service integrated bank and brokerage custody offering. Advisors will no longer have […]
Hedge funds find salvation in Japan’s Abenomics
Financial Times – If hedge fund managers believed in salvation, then Japanese prime minister Shinzo Abe would be a prime candidate for saviour. For a $2.4tn industry whose returns for the past four years have been disappointing at best, and […]
5 takeover rumors hedge funds are betting on
Marketwatch – Publicly traded companies are often acquired at a large premium to their market price pre-announcement, and so rumored takeovers—whether or not they turn out to be true—can cause speculators to pile into the stock. These stocks aren’t necessarily […]