Author Archives: Editor
Hedge Funds, Super-Wealthy Leaving France
New York (HedgeCo.Net) – Following President Francois Hollande’s pledge to raise a top income tax rate of 75% last year, a number of ultra wealthy individuals have already reportedly exited the country to more liberal tax regimes, according to a […]
Businessweek’s Visually Striking Hedge Fund Cover
New York (HedgeCo.net) – The most recent BusinessWeek cover has a provocative take on what it calls “The Hedge Fund Myth.” Bloomberg’s cover story “Hedge Funds Are For Suckers” delves into the reasons one should avoid hedge funds. “Hedge funds may […]
Argentina litigation with hedge funds; ‘US could end siding with Buenos Aires’
MercoPress – According to the article published on the daily’s online edition, the Barack Obama could “end up siding with Argentina” in an “unusual move” that will get the White House involved in the legal row before the US Supreme […]
‘Hedge Hogs: The Cowboy Traders Behind Wall Street’s Largest Hedge Fund Disaster’ by Barbara T. Dreyfuss
Washington Post – In Washington, the Wall Street moneymen are at it again, waging behind-the-scenes battles against a host of new rules to prevent another financial crisis. Some of the fiercest fights are over limits on derivatives trading, including complex […]
Why Hedge Funds Suing The Government Over Fannie And Freddie Have A Bad Case
Forbes – With the housing market collapsing in July 2008, President George W. Bush signed the Housing and Economic Recovery Act into law, 260 pages aimed at bolstering mortgage giants Fannie Mae and Freddie Mac and overhauling the regulations of […]
Trust CEO Recalls Big Hedge Fund Egos, Porn Donation
Bloomberg – As chief executive officer of the National Philanthropic Trust, Eileen R. Heisman counsels billionaires, receives their seven- and eight-figure wire transfers and accepts odd gifts such as surf boards and an antique Army tank. Heisman has made the […]
Hedge Funds Have Actually Been Pretty Good Stock Pickers This Year
Business Insider – The hedge fund industry has been taking a lot of heat in recent days and years for delivering poor performance at a high cost. Indeed, according to a recent report from Goldman Sachs, the average hedge fund […]
Hedge Funds Bought Gold in Biggest Rally Since 2011: Commodities
Bloomberg – Hedge funds raised bets on higher gold prices for a second week as comments from Federal Reserve Chairman Ben S. Bernanke damped expectations for an imminent tapering of stimulus. Futures rose the most since 2011. Speculators increased their net-long position by 4.1 percent […]
Global Investor names Deutsche Bank “Fund Administrator of the Year”
Deutsche Bank’s expertise in fund administration and sub-custody was recognized by Global Investor, a leading publication for institutional investors, at an awards dinner in London last week. At the Global Investor/ISF Investment Excellence Awards, the Bank was named Fund Administrator […]
TrimTabs and BarclayHedge Report Hedge Fund Inflows Hit Two-Year High of $18.5 Billion in May
BarclayHedge and TrimTabs Investment Research reported that hedge funds took in a net $18.5 billion (1.0% of assets) in May, more than a forty-fold increase from April’s $430 million inflow. The results are based on data from 3,368 funds. “In […]
SEC Fact Sheet: Restrictions For Hedge Funds Under The JOBS Act
New York (HedgeCo.Net) – The SEC has released more details on some of the restrictions hedge funds and others will face in light of the new, looser rules on general advertising. “As we fulfill our mission to facilitate capital formation […]
Neuberger Berman MLP Income Fund Announces Leverage Financing
Neuberger Berman MLP Income Fund Inc., a newly organized closed-end fund, announced today that it has successfully entered into a leverage financing facility with a major U.S. financial institution. Under the terms of the leverage facility, the Fund has access […]