Author Archives: Editor
A Massive Hedge Fund Gradually Shifts Its Largest Bet
Motley Fool – Bridgewater Associates, the hedge fund founded by Ray Dalio, has a fascinating composition. It mixes concentrated investments in macroeconomic categories (usually through large, liquid ETFs) with a plethora of smaller positions. The fund’s equity holdings disclosed on […]
The Credit Suisse Hedge Fund Index Finished up 1.31% in November
Index Nov-13 Oct-13 YTD 2013 Broad Index 1.31% 1.59% 8.43% Convertible Arbitrage -0.20% 0.92% 5.47% Dedicated Short Bias -1.49% -1.65% -24.36% Emerging Markets 1.08% 2.01% 7.44% Equity Market Neutral 2.59% 1.17% 7.87% Event Driven 1.68% 1.45% 13.64% Distressed 1.55% […]
No letup on risk for hedge funds this December
CNBC – A long-held perception is that hedge funds, especially those up big for the year, like to take it easy in December. Why keep risk on, the thinking goes, when you can guarantee a fat, marketing-friendly return for the […]
Hedge-fund star Arki in multi-billion-dollar merger
London Evening Standard – Arpad “Arki” Busson, one of London’s best-known hedge-fund managers, is merging his $3 billion (£1.83 billion) EIM Group with Switzerland’s listed Gottex Fund Management to create a business managing $10 billion by the middle of next […]
Indian banks make most of RBI’s FCNR deposit scheme, HDFC Bank emerges biggest player
Financial Express – In the three-month period between September and November when the Reserve Bank of India announced a special concessional dollar swap window to attract FCNR (B) deposits and foreign currency borrowings through which it raised $34 billion, thereby […]
Indian banks make most of RBI’s FCNR deposit scheme, HDFC Bank emerges biggest player
Business Standard – In the three-month period between September and November when the Reserve Bank of India announced a special concessional dollar swap window to attract FCNR (B) deposits and foreign currency borrowings through which it raised $34 billion, thereby […]
HDFC Mutual Fund unwavered by recent failures
Money Control – HDFC Top 200 is the biggest fund in the country with a size of around Rs 9,765 crore as of August 2013. It has been one of the best-performing funds over the long term, managing to beat […]
Hedge Fund Fraud, JP Morgan, Merrill Lynch, Kaupthing Bank
New York (HedgeCo.Net) – Also in the news today, the Guardian reports that JP Morgan is facing a $2 billion fine for involvement in the Bernard Madoff hedge fund ponzi scheme. The paper reports that the banking giant has tentatively […]
Hedge Fund Regulation: Final Implementation Of The Volcker Rule
New York (HedgeCo.Net) – Coming into effect April 1, 2014, the final rules implementing the new Volcker regulations prohibit banking entities (and their investments in hedge funds) from making risky bets that solely benefit the banks and not the investor. The […]
Man Hedge Fund to Pay $9 Million In Overvaluation Case
New York (HedgeCo.Net) – One of Man Group’s hedge funds, GLG Partners L.P., and its former holding company GLG Partners Inc. agreed to pay nearly $9 million to settle SEC charges over internal failures that led to the overvaluation of fund […]
Falcone’s Fidelity & Guaranty Prices IPO at Low End of Range
Bloomberg – Fidelity & Guaranty Life, the insurer controlled by billionaire Philip Falcone’s Harbinger Group Inc., raised $165.75 million in its initial public offering, pricing the shares at the low end of the range. Fidelity sold 9.75 million shares for […]
Hedge Fund Owner Has Bought Taos Ski Valley in NM
ABC News – Taos Ski Valley officials announced Wednesday that wealthy conservationist and hedge fund owner Louis Bacon has agreed to buy the ski area. The sale price wasn’t disclosed. Taos Ski Valley CEO Mickey Blake says the ski area […]