Author Archives: Editor
SAC Affiliate Settles SEC Insider Trading Charges
New York (HedgeCo.Net) – Ronald Dennis, who worked at Steven A. Cohen’s SAC affiliated CR Intrinsic Investors has settled with the SEC on insider trading charges, Reuters reports. Ronald Dennis agreed to be barred from the securities industry and pay more than $200,000 […]
Hedge Fund Sues Major Banks Over Market Manipulation
ValueWalk – Managed futures hedge funds typically cannot find success in markets that are manipulated. AIS Capital Management, a Wilton, CT-based hedge fund known to utilize algorithmic trend following is doing something about it. The hedge fund, which has a […]
Ex-Goldman Sachs Traders’ Asia Hedge Fund Said to Return 38%
Bloomberg – A Japan-focused multistrategy hedge fund run by three former Goldman Sachs Group Inc. managing directors returned 38 percent in its first two months, according to two people with knowledge of the matter. The Golvis Asia Opportunities Fund, which […]
Apple Wins With Hedge Funds While Google Is Top Choice For Mutual Funds
Forbes – If you want your portfolio to amass returns resembling those of the country’s top mutual fund or hedge fund managers, there are two ways to attempt to replicate their earnings without actually investing in their funds: you could […]
Trader kills self in finance world’s latest suicide
A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train, marking at least the seventh suicide of a financial professional this year. Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, jumped in […]
Hedge fund directors lack credibility, says survey
Risk.Net – Hedge fund directors have come in for criticism from investors and operational due diligence officials for a lack of scrutiny of the funds they represent. Many say directorships should be capped at 15. Hedge fund directors continue to […]
Hedge funds’ secret to making money
Yahoo – Between February 2013 and January 2014, the market benchmark S&P 500 index gained 21.5% but hedge funds gained a measly 8.2% for investors during that time period. That’s according to a survey by TrimTabs Investment Research and BarclayHedge […]
Hedge funds look to put strategies into ETFs to lure more investors
Reuters – More client-hungry hedge fund managers are looking to put their investment strategies to work in exchange-traded funds, a move that could exponentially expand their pool of investors but requires them to slash investment management fees. That is a […]
Global X Launches Two More Hedge Fund Tracking ETFs
ETF News And Commentary – Thanks to the market’s surge over the past twelve months, many retail investors have begun to once again look at market gurus and their portfolios in order to find the next slate of outperforming stocks. While […]
Shares of Fannie And Freddie Tumble Amid Blow To Hedge Fund Hopes
Forbes – Billionaire William Ackman’s Pershing Square hedge fund owns big equity stakes in Fannie Mae and Freddie Mac as part of a bet that efforts in Washington could yield massive returns from the two government-sponsored entities. But on Tuesday, […]
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for February 2014 measured 2.20%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.91% in March. “Net flows were positive […]