Author Archives: the HedgeCo News Team
Hedge Fund Compensation Trends Revealed in the 2013 Report
West Palm Beach (HedgeCo.Net) – Hedge fund professionals are enjoying fat wallets once again. Their average cash compensation rose 15 percent to $314,000, according to the 2013 Hedge Fund Compensation Report. In addition to analyzing the salaries and bonuses of […]
Gun Investments By Hedge Funds Continued In Period That Includes Sandy Hook Shootings
WASHINGTON — Financial firms and hedge funds invested roughly $79 million in gun manufacturers during the last quarter of 2012 — a period that includes the Sandy Hook Elementary School massacre in Newtown, Conn. The purchases are the focal point […]
Hedge-Fund Liquidations Jumped in 2012 on European Crisis
Hedge-fund liquidations rose to a three-year high in 2012 as the European debt crisis and concerns about global economic growth hurt performance for the $2.3 trillion industry, according to Hedge Fund Research Inc. The number of firms shut jumped to […]
Ex-gov, hedge fund target Mont. mining company
Business Week – BILLINGS, Mont. (AP) — Montana’s bolo tie-wearing former governor teamed up Monday with an unlikely ally — a New York hedge fund — to launch a fight for control of a precious metals mining company that sunk […]
Emerging market hedge funds boom with billions more assets
CityAM – EMERGING market (EM) hedge funds boomed in the fourth quarter of last year, led by a surge in macro strategies and India-focused hedge funds, according to new figures. EM hedge funds across the world reached 1,100 by the […]
Investors See Hedge Fund Growth, Settle For Lower Returns
Finalternatives – Alternative investment assets will return to their all-time high this year, according to an investor survey. The 11th Deutsche Bank Alternative Investor Survey shows that those investors expect industry assets to take in $123 billion in new capital […]
‘Captain Magic’ conjures up hedge launch
Financial Times – The glory days of the hedge fund launch may not be entirely over. Raffaele Costa, a flamboyant former GLG partner and self-styled “Captain Magic”, will this week unveil the first fund at his new firm Tyndaris, in […]
US hedge funds sour on Apple, favouring dollar stores instead
Reuters – Hedge fund heavyweights from Leon Cooperman’s Omega Advisors to Barry Rosenstein’s Jana Partners threw in the towel on Apple in the fourth quarter, while other managers found discount retailers Dollar General and Dollar Tree attractive, regulatory filings have […]
Danish pension fund overhauls hedge unit
Financial Times – Just weeks after closing its internal hedge fund arm, ATP, Denmark’s largest pension fund, says it will now integrate its hedge fund investment platform – or what it calls its “alpha” strategies – into its main investment […]
Hedge Funds Cut ICE Brent Crude Net-Longs From Two-Year High
Bloomberg – Hedge funds and other money managers reduced bullish bets on Brent crude from their highest level in more than two years, the first cut in a month, according to data from ICE Futures Europe. Speculative bets that prices […]
Man Group Combines Hedge Fund Units, Names Ellis as President
Bloomberg – Man Group Plc, the biggest publicly traded hedge fund manager, combined two computer-driven hedge fund units and made management changes in recent weeks before Emmanuel Roman takes over as chief executive officer next week. Luke Ellis, who has […]
Pressure exposes hedge fund within Hess
Financial Times – A campaign to break up the Hess oil group has exposed for the first time one of the world’s least known – and until recently, most successful – energy trading outfits to outside scrutiny. Hetco, as the […]
