Author Archives: Editor
Great year for bread and butter strategies on Wall Street
UPI – Bread-and-butter mutual funds beat the bells-and-whistles hedge fund portfolios on Wall Street this year, data show. They may be drab, but the basic, across-the-board stocks handily out-performed those complex bets that hedge funds can’t seem to get enough […]
Home arrow News arrow ETFs ETFs to overtake hedge fund AUM in 2014 – S&P Dow Jones Indices
Investment Europe – Projections from S&P Dow Jones Indices suggest that if current trends continue, then the total amount of capital invested in ETFs will overtake the total invested in hedge funds in 2014. Tim Edwards, director of Index Investment […]
Hedge fund adds parks to portfolio
Yorkshire Post – James Caird Asset Management (JCAM), the hedge fund founded by City trader and racehorse owner Tim Leslie, has acquired business parks in Leeds and Birmingham after agreeing a £43m funding facility with Royal Bank of Scotland. A […]
Cohen’s SAC Capital hedge fund gains 20% for year: Source
CNBC – Billionaire investor Steven A. Cohen’s SAC Capital Advisors returned 20.1 percent this year, delivering some of the industry’s best returns, even as his hedge fund pleaded guilty to insider trading charges and prepared to return outside capital. The […]
Warren Buffet Acquires Phillips 66 Affiliate
New York (HedgeCo.Net) – Business magnate and philanthropist Warren Buffet announced plans to buy an affiliate of energy manufacturing and logistics company Philips 66. Phillips Specialty Products Inc. (PSPI), develops polymers that reduce drag help improve flow potential in pipelines. “I have […]
Commodity hedge fund Higgs Capital to wind down -founders
Reuters – Commodity hedge fund Higgs Capital Management, founded by two former bank commodity executives, will wind down and return money to investors as it faces headwinds raising money, joining other commodity funds that closed this year. The fund will […]
Hedge fund top brass pocket £317m
Sunday Times – Staff at one of Britain’s top hedge funds have shared a £317m payout despite a bust-up that led to the departure of one of its star managers and co-founders. Jeremy Hosking is believed to have pocketed about […]
Chinese Funds Look to Hedge Their Bets
WSJ – Chinese funds focused on the nation’s domestic stocks are increasingly looking to hedge their bets. While short selling, or betting that a stock’s price will fall, remains uncommon in China because of the high cost of borrowing stocks, […]
Build Your Own Hedge Fund
Kiplinger – If you’re looking for double-digit income, Pakistan has a deal for you. A model of geopolitical instability and down to its last $4 billion or so in foreign reserves, the sanctuary of the late Osama bin Laden has […]
Hedge Fund Crude Wagers Climb to Highest Since September: Energy
Bloomberg – Hedge funds increased bullish bets on crude oil to the highest in three months as stockpiles dropped and the U.S. economy expanded more than forecast. Money managers raised net-long positions, or wagers on rising prices for West Texas Intermediate crude, by […]
Hedge Fund Investor Blackstone Buys Up $200 Million In Crocs Shares
New York (HedgeCo.Net) – An affiliate of hedge fund investor giant Blackstone has acquired $200 million in newly issued series A convertible preferred stock in innovative casual footwear company Crocs, Inc. In connection with the investment, Crocs announced that it intends to revise its capital structure […]
Hedge Fund Regulation: Banks Want CDO Exception To Volcker Rule
New York (HedgeCo.Net) – The SEC and other federal regulars are reviewing whether or not certain CDOs backed by trust preferred securities should be subjected to new regulation under the final Volcker rules. Reuters reports that this would be the […]