Author Archives: Editor
BTIG Launches Chicago-based FX Desk
BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, announced today that it has opened a new Chicago-based FX desk with the hires of Michael Artim, Brandon Walsh and Chris Karabelas. Since […]
Carne launches new edition of UCITS guide for fund managers
Carne Group has published a new edition of its popular UCITS Guide for Investment Managers. The A5 booklet has proved popular with product development teams seeking practical guidance on distributing funds under the UCITS IV Directive. The new edition of […]
‘Smart money’ hedge funds flunk performance test
USA Today – If grades were given out to hedge funds, often dubbed the “smart money,” for their recent investment performance, they’d probably get a “C.” Indeed, these secretive investments favored by the wealthy and institutional investors have trailed the […]
Asia’s Best-Performing Macro Hedge Fund Hits $1 Billion Mark
Bloomberg – Quantedge Global Fund, Asia’s best-performing macro hedge fund, said it has increased its assets to more than $1 billion, joining the ranks of the region’s biggest funds. Quantedge, which started with $3 million in October 2006, has increased […]
U.S. hedge funds hunting for value in Canada’s oil patch
Financial Post – Hedge funds, mostly American, seem to have their fingerprints all over the Canadian oil patch these days. They are hunting for value in the Canadian sector, where stocks are on the rebound after lagging their U.S. counterparts […]
Aston Martin ‘Myth’ Tested as Hedge-Fund Pay Slumps
Bloomberg – Bonuses for hedge-fund employees in London have dropped by 94 percent since 2012 as returns in the industry declined, according to a salary-data provider. The average bonus for directors, or mid-level employees, plummeted to 8,000 pounds ($13,300) this […]
SEC Releases Hedge Fund Data From Dodd-Frank PF Filings
New York (HedgeCo.Net) – The release of an annual report by the SEC to Congress under the new Dodd-Frank regulatory reform legislation shows the results of the data collected from private funds in 2014. Private Fund Regulatory Assets Under Management […]
Wedbush Charged BY FINRA For Systemic Market Access Violations, Anti-Money Laundering and Supervisory Deficiencies
New York (HedgeCo.Net) – The Financial Industry Regulatory Authority (FINRA) on Friday filed a complaint against Los Angeles-based Wedbush Securities Inc. for systemic supervisory and anti-money laundering (AML) violations in connection with providing direct market access and sponsored access to […]
Former SAC Capital Advisors President Conheeney leaves firm
Reuters – Thomas Conheeney, who was president of Steven A. Cohen’s SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down from the position at successor organization Point72 Asset Management, Point72 said […]
Hedge Fund Assets Up By $62.6 Billion In 2014
New York (HedgeCo.Net) – US hedge fund AUM went past the $1.4 trillion mark, with assets growing by $62.6 billion in 2014, new data from independent data provider and research house Eurekahedge shows. Long/short equity, fixed income and multi-strategy funds retained the top […]
Bridgewater Associates Looks Aggressive Towards The Coca-Cola Company
Wall Street PR – Sometimes 13F filings can tell a lot of things that are otherwise not possible for one to know. The latest example of it is the move of Bridgewater Associates. The 13F filing clearly shows that Bridgewater […]
Hedge funds love…Carl Icahn and Bill Ackman
HITC – Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions. Bill Ackman and Carl Icahn are famously on opposite sides of the Herbalife trade, but other hedge fund […]