Author Archives: Editor
Deutsche Bank hedge fund spinout targets $250m
FN – A former quantitative trading chief at Deutsche Bank is hoping to raise as much as $250 million for a managed futures hedge fund that he will begin marketing in earnest this year. Philippe Azoulay, who spent six years […]
Supreme Court To Rule On Hedge Funds Targeting Foreign Assets
New York (HedgeCo.Net) – The Supreme Court has decided to review whether or not it is legal for predatory hedge funds to target assets outside of US jurisdiction, Jubilee USA Network reports. “This is good news for countries around the world. The […]
Eurekahedge: Hedge Funds up 8% in 2013
New York (HedgeCo.Net) – Hedge funds delivered their fourth consecutive month of positive returns as global markets ended the year on a strong note of optimism. The Eurekahedge Hedge Fund Index was up 0.99% during the month. The MSCI World […]
Rothstein Kass Study: Not Enough Women in Hedge Funds
New York (HedgeCo.Net) – For the six and a half years ending June 2013, the Rothstein Kass Women in Alternative Investments Hedge Fund Index outperformed other indices, returning 6%. The S&P 500 gained 4.2% and the HFRX Global Hedge Fund Index dropped -1.1%during the […]
Greenwich hedge fund hands back $1 billion to clients
Greenwich Time – QFS Asset Management, the Greenwich hedge fund firm founded by celebrated economist Sanford “Sandy” Grossman, announced the closing of its currency trading fund Tuesday and said it will return nearly $1 billion in client assets. The currency […]
The HedgeCo January Hedge Fund Networking Event in NYC
New York (HedgeCo.Net) – Brrr… It’s one of the coldest winters in centuries, come warm up at the Armani Restaurant for the The HedgeCo January Networking Event on Thursday, January 16, 2014 at 5:00 PM (EST). A chance for investors, hedge […]
Academic study uncovers ageing hedge fund traders’ pursuit of ‘warrior physique’
EFC – Beware ageing male hedge fund traders. A new study of a London fund has found that older men in hedge funds are prone to enthusiastic exercise in an attempt to achieve a hyper-masculine, super-fit, warrior-style physique. The study* was […]
World Energy under pressure from activist shareholder
Telegram – A hedge fund that holds a large stake in World Energy Solutions Inc. is pushing the company to appoint new directors, get rid of one business and maybe even sell the company. Ardsley Partners of Stamford, Conn., wrote […]
JPMorgan profit hit by Madoff, weaker investment banking
Reuters – JPMorgan Chase & Co. posted a 7.3 percent decline in quarterly profit on Tuesday [Jan. 14], as legal woes and weak demand for investment banking services capped off a tough year for Chief Executive Jamie Dimon. The largest […]
Google Acquires Nest For $3.2 Billion
Geek Beat – Just when you thought the end of CES meant you had a bit of breathing room, Google drops a bombshell on the tech community. They’ve come to an agreement to acquire Nest, of elegant thermostat fame. They’re […]
Activist Hedge Fund Wants Changes At Juniper
New York (HedgeCo.Net) – Tech company Juniper Networks saw its stock rise nearly 10% yesterday when Paul Singer’s hedge fund, Elliot Management, sent the board of directors suggestions on how to boost their share price and increase profits. The $23 billion hedge fund holds 6.2% […]