Author Archives: Editor
A look at 5 hedge fund stars of the future
HITC – While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor. They bet right on subprime, poached high-profile talent and helped shore up AOL when […]
The Epic Story Of How A ‘Genius’ Hedge Fund Almost Caused A Global Financial Meltdown
Business Insider – Twenty years ago, one bond-trading hedge fund grew from launch to over $US100 billion in assets in less than three years. It saw yearly returns of over 40 per cent. It was run by finance veterans, PhDs, […]
OCBC in face-off with hedge fund manager over Wing Hang Bank
Malaymail – Billionaire hedge-fund manager Paul Singer may have met his match. His Elliott Capital Advisors LP is in a face-off with Singapore’s Oversea-Chinese Banking Corp. over a family-owned Hong Kong bank. OCBC is trying to buy Wing Hang Bank […]
Hedge Funds: January-May Inflow of $72.2 Billion Highest since 2007
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $16.9 billion (0.7% of assets) in May, down slightly from $19.1 billion (0.8% of assets) in April. “Hedge funds raked in $72.2 […]
Hedge Fund Expert George Schultze Gave Market Insights at GAIM Conference
New York (HedgeCo.Net) – George Schultze, Founder and Managing Member of hedge fund Schultze Asset Management, LLC (“SAM”), was a key speaker during the recent 20th Annual GAIM Alternative Investment Conference in Monaco. During GAIM’s “Opportunities in Fixed Income Investments” […]
American Apparel gets hedge fund bailout
USA Today – American Apparel (APP), the struggling maker of clothes until recently led by controversial founder and former CEO Dov Charney, got a new thread of life after hedge fund Standard General said it will give $25 million in […]
Billionaire Hedge Fund Manager Ray Dalio Is Back, All Weather Fund Up 11%
Forbes – Billionaire hedge fund manager Ray Dalio is the king of the rich hedge fund industry. He runs the biggest hedge fund outfit in the world, Bridgewater Associates, a firm with $150 billion under management that Dalio founded in […]
City Diary: Hedge fund joins the dots between Blinkx and Gowex attacks
Telegraph – Diary spots an interesting link between the short-selling attacks on Blinkx, sparked by a report by Harvard professor Ben Edelman, and Let’s Gowex, sparked by a report by Gotham City Research. A unifying thread running through the two […]
‘Activist’ hedge funds agitate their way to gains
America’s Markets – Hedge funds whose M.O., or modus operandi, is to use their deep pockets and financial acumen to agitate for change at underperforming companies are at the top of the hedge fund performance charts this year. So-called “activist” […]
Smart Biotech Hedge Fund Worth Watching Had Therapeutics MD Before Pop
Forbes – Biotech stock Therapeutics MD (TXMD) was up 32.5% on Tuesday, lifted by brokerage house FBR Capital initiating coverage with an incredible $34 price target. Based on TXMD’s Tuesday closing price of $5.47, the FBR price target would mean […]
Two Executives and A Hedge Fund Portfolio Manager Sentenced To Federal Prison
New York (HedgeCo.Net) – Eric M. Martin, Mark Megalli, and Richard T. Posey have been sentenced to federal prison for their roles in a multi-million-dollar insider trading conspiracy involving childrens clothing company Carter’s, Inc. stock. Mark Megalli worked at New […]
Jury Acquits Rajaratnam Brother Of Hedge Fund Conspiracy Charges
New York (HedgeCo.Net) – U.S. attorney Preet Bharara lost his first hedge fund insider trading case when Rengan Rajaratnam was acquitted by a jury in New York of the charges that he was conspiring with his older brother, the imprisoned […]