Author Archives: Editor
Dexion hedge fund on ‘edge of viability’ as assets shrink
CityWire – The future of the Dexion Trading hedge fund has been called into question after the triggering of a share buyback offer. Structured as an investment trust that feeds into its parent Permal Macro Holdings fund, Dexion Trading’s discount control mechanism […]
The Top 100 Hedge Funds In 2013
New York (HedgeCo.Net) – Bloomberg Markets Magazine has compiled a list of the top hedge funds in 2013 with three lists of top performers: 100 funds with assets greater than $1 billion; 25 funds with assets of $250 million to $1 billion; […]
Hedge Fund Regulation: SEC Names New Chief of Complex Financial Instruments Enforcement Unit
New York (HedgeCo.net) – The SEC today announced that Michael J. Osnato, Jr. has been named chief of the Enforcement Division unit that conducts investigations into complex financial instruments. “I am honored and gratified to have this opportunity to lead […]
Area Hedge Fund Manager Lets His Scalps Talk For Him
DealBreaker – How does an activist hedge fund manager express to executives at the subject of of his activism that they’re in his world now? That proposed changes to the company will happen with or without management? That we can […]
Aussie hedge fund manager raves about Xero’s potential
NZ Herald – An Australian hedge fund manager has raved about the potential for accountancy software company Xero and accused New Zealand fund managers of being “precious petals” for wanting the stock removed from the sharemarket’s NZX 50 index. Writing […]
Hedge Funds Trail Stocks for Fifth Year With 7.4% Return
Bloomberg – Hedge funds trailed the Standard & Poor’s 500 Index (SPX) for the fifth straight year as U.S. markets rallied to record levels. Hedge funds returned an average of 7.4 percent in 2013, after a gain of less than 0.1 percent […]
Insider trading trial puts SAC hedge fund under further pressure
Guardian – A trial starting this week over what US prosecutors say is the most lucrative insider trading scheme ever is expected to bring further pressure on Steven A Cohen, the founder of the SAC Capital Advisors hedge fund. Mathew […]
Glenview’s Robbins Tops Hedge-Fund Ranking
Bloomberg – When Larry Robbins was a boy in the Chicago suburbs, his father, Sheldon, worked two jobs and wasn’t around much. If the young Robbins wanted to see him on weekends, he had to travel to Arlington Park, a […]
Hedge Fund Trader Mathew Martoma Denied “Consciousness Of Guilt” Defense
New York (HedgeCo.Net) – The trial against former SAC Capital trader Mathew Martoma for insider trading during an Alzheimer disease drug trial has started this week in that is being called the most lucrative hedge fund insider trading cases ever prosecuted. CBS […]
ETFGI: ETFs Close to Surpassing Hedge Funds in Size
ETF Trends – A hedge fund is a fund that can take both long and short positions, use arbitrage, buy and sell undervalued securities, trade futures and options, and invest in almost any asset class or market where it sees […]
Oak Hill Advisors And OHorizons Global Acquire Assets Of DGH-Group
Oak Hill Advisors, L.P. and OHorizons Global, Inc. announced today the acquisition of Druckguss Heidenau GmbH, Druckguss Hof GmbH, and Zerspanungs-und Industrie-technik Dohna GmbH from insolvency administrator Dr. Franz-Ludwig Danko. The assets have been acquired by newly formed entities DGH Heidenau […]
EU bank trading plan stops short of U.S. Volcker rule
Reuters – Banks in the European Union face limits on taking market bets with their own money under a draft EU proposal that represents a central plank of attempts to prevent a repeat of the financial crisis of 2007 to […]