Author Archives: Editor
Global hedge fund AUM declined by more than $6 billion in August
New York (HedgeCo.Net) – Hedge funds witnessed slightly negative returns in August amid increased risk aversion in global markets during the month. The Eurekahedge Hedge Fund Index was down 0.32% during the month, outperforming global stock indices as the MSCI […]
Hedge fund urges breakup of Barrick Gold to boost its stock
CBC – A small, U.S. hedge fund wants to break up Canadian mining giant Barrick Gold, saying its collection of mining assets is spread out over too broad of a geographic area, which has led to a disappointing shareholder return. […]
A hedge fund manager’s unexpected, second act in cosmetics
CNBC – It took a TSA run-in gone wrong for former hedge fund manager Julie Macklowe to take the leap and join the cosmetics world after leaving the financial industry. After spending more than a decade in finance, at companies […]
Hedge Funds Lease More Space in London’s West End as Rents Climb
Bloomberg – Hedge funds agreed to lease out more than twice as much office space in London’s West End this year as in the whole of 2012 as firms including BlueBay Asset Management LLP and Elliot Management Corp. expanded, U.S. […]
Hedge Fund Gold Bets Climb to Highest Since January: Commodities
Bloomberg – Hedge funds’ combined holdings in gold futures increased to the most bullish since January on mounting concern that conflict in the Middle East will boost crude-oil prices, slowing economic growth and stoking inflation. The net-long position rose 3.6 percent to […]
KEELING EXPANDS RWC GLOBAL HORIZON TEAM WITH HIRE
RWC today announces Mark Walker is joining Louise Keeling as an analyst to work on its Luxembourg domiciled RWC Global Horizon Fund. Walker joins RWC from the Global Investment Research division of Goldman Sachs where he was an equity analyst […]
Setter Capital Liquidity Rating
Setter Capital covers over 7000 institutional investors in alternative investment funds, over 900 buyers of funds, more than 2000 opportunistic sellers, and their buy and sell interest in more than 3000 fund families. In the course of monitoring this secondary […]
Cincinnati Pension Fund Drops Disgraced Hedge Fund
New York (HedgeCo.Net) – Portland-based fund of hedge funds Common Sense Investment Management has been dropped by the Cincinnati Retirement System after the firm’s CEO, Jim Bisenius, was arrested in a prostitution sting. Tigard (Oregon) police arrested nine men who responded to an online advertisement […]
Hedge Fund Elliott Boosts Kabel Shares Before Vodafone Deadline
Bloomberg – Paul Singer, the billionaire hedge-fund manager, boosted his stake in Kabel Deutschland Holding AG (KD8) to become one of its biggest shareholders days before a deadline for investors to decide whether they’d accept Vodafone Group Plc (VOD)’s takeover bid. Singer and […]
ValueAct Hedge Fund’s Huge Microsoft Victory
Forbes – Microsoft called it a cooperation agreement and made the announcement late on Friday, just prior to the Labor Day weekend and some pretty big deal making news, but there is no masking the huge victory that hedge fund […]
Hedge fund chief says Japan needs another ‘big round’ of stimulus
Reuters – Paul Singer, the billionaire hedge-fund manager, boosted his stake in Kabel Deutschland Holding AG (KD8) to become one of its biggest shareholders days before a deadline for investors to decide whether they’d accept Vodafone Group Plc (VOD)’s takeover […]