Author Archives: Editor
Hedge Fund Vs. Index Fund: A Comparison
Forbes – Hedge fund investing promises a very simple outcome: Give your money to a manager and he or she will do whatever it takes to make your assets rise in all markets. Stocks down? Covered. Bond crash? Covered. Neither? […]
US Supreme Court gives hedge funds another 30 days to contest Argentina’s appeal
MP – The news which only became public last Friday means that hedge funds NML, Aurelius and Olifant have an additional thirty days to contest the ‘writ of certiorari’ (appeal) from Argentina until August 26, instead of July 26. Last […]
WTI Crude Gains a Fourth Day as Funds Boost Bullish Bets
Bloomberg – West Texas Intermediate rose for a fourth day after hedge funds increased bullish bets on the U.S. benchmark crude amid declining stockpiles. Futures climbed as much as 0.6 percent in New York after capping a fourth weekly advance. […]
Hedge Fund Adviser Steven Cohen Charged With Oversight
New York (HedgeCo.Net) – The SEC has finally found a way to go after Steven Cohen, the new case alleges that Cohen received highly suspicious information that any reasonable hedge fund manager would investigate, yet he did not. The SEC […]
Hedge Funds Bolster Brent Crude Net-Longs to One-Month High
Bloomberg – Hedge funds and other money managers raised bullish bets on Brent crude to their highest level in a month, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered short positions by 181,400 lots in […]
Preet Bharara: Bayou Hedge Fund Victims Awarded Over $31 Million
New York (HedgeCo.Net) – The Southern District of New York has awarded $31,788,917.44 in proceeds from forfeited assets to victims of the fraud committed at the Bayou hedge funds. The forfeited assets include approximately $2 million seized from a bank […]
Hedge Fund Launch: China Equity Fund For U.S. Investors
New York (HedgeCo.Net) – Neuberger Berman, the $214 billion money manager, is launching a China equity fund for U.S. investors. The Neuberger Berman Greater China Equity Fund is a mutual fund for U.S. investors investing primarily in equity securities of issuers based […]
Commodity hedge funds suffer longest losing streak on record
Reuters – Funds betting on commodity price moves have lost money every month since January, their joint longest losing streak on record, raising more doubts about their ability to make money at a time when the commodity “supercycle” may be […]
Former Soros Employee Starts Hong Kong-Based Hedge Fund Company
Bloomberg – Zhang Xinliang, a former employee of billionaire investor George Soros’s family office, started his own Hong Kong-based hedge-fund company, Magnolia Capital Management Ltd. Magnolia was licensed by the city’s Securities and Futures Commission on April 18, according to information […]
Bruised FX hedge funds tiptoe back into bets on weaker yen
Reuters – Hit by a whipsawing yen in the last two months, many FX hedge funds are still determined to bet the Bank of Japan will succeed in weakening the currency over time while the dollar climbs as the Federal […]
Hedge fund managers hesitate over forthcoming AIFMD regulations
AT – Preqin, the supplier of data and intelligence to the alternative investment industry, has found in a recent survey of 220 hedge fund managers, that there is still uncertainty surrounding the Alternative Investment Fund Managers Directive (AIFMD) among many managers, with […]
High Mortgage Rates? Hedge Fund Legend Still Says ‘Buy a Home’
Wall Street Cheat Sheet – With a heavy amount of intervention from the Federal Reserve, the real estate market has rebounded from its worst levels during the Great Recession. Some Americans are worried about rising interest rates and affordability, but […]