Author Archives: Editor
Warren Proposes Legislation To Break up Megabanks From Riskier Investments Like Hedge Funds
New York (HedgeCo.Net) – A of group of U.S. senators led by senior United States Senator Elizabeth Warren, yesterday introduced legislation that would break up Wall Street’s megabanks by separating traditional banking activity from riskier financial services such as investment banking, […]
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index – June 2013
BobsGuide – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2013 measured -1.94%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.30% in July. Read Complete Article
When hedge funds go online
Reuters – Many people are worried about the fact that the SEC has finally got around to ending the ban on “general solicitation” by hedge funds. The Reuters story alone features a host of unhappy characters: Heath Abshure, the president of the North American […]
Hedge funds log first monthly drop of year in June
MarketWatch – Hedge funds declined 1.3% in June, smaller than the decline logged by the broader market, according to a monthly report from industry adviser Hennessee Group LLC. “Hedge funds posted their first monthly loss of the year in June,” […]
Opinion: Hedge Fund Advertising, The Benefits Out-Weigh The Risks
New York (HedgeCo.Net) – The Securities and Exchange Commission this week adopted a measure to allow companies, including hedge funds and other private entities, as well as public companies, to raise money through general solicitation of, and advertising to, the […]
Hedge Fund People: Matthew Clark to Join Citi
New York (HedgeCo.Net) – Matthew Clark is joining Citi’s Prime Brokerage business as a Managing Director and Global Head of Client Solutions. In this role, he will oversee all regional client service and client solutions teams across Prime Finance, Futures, […]
Ex-Citigroup Trader Raises Less Than $100 Million for Hedge Fund
Bloomberg – Portman Square Capital LLP, founded by ex-Citigroup Inc. (C) proprietary-trading unit head Sutesh Sharma, opened with less than a fifth of the amount the hedge fund originally sought, said two people with knowledge of the matter. The firm began […]
Hedge Funds End Seven-Month Winning Streak
CNBC – Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit, data from research firm Eurekahedge show. […]
Twitter lampoons hedge-fund managers after SEC lifts ad ban
MarketWatch – So, for hedge-fund managers, the good news is, they can advertise publicly now, after the Securities and Exchange Commission lifted a decades-long ban. The bad news is, the industry is getting made fun of in a big way on […]
Property Crushes Hedge Funds in Alternative Markets
Bloomberg – Hamilton “Tony” James looked up from his notes and peered out at the audience over the rims of his glasses. The investors seated in the chandelier-adorned meeting room of New York’s Waldorf-Astoria hotel had been in their chairs for […]
Seth Klarman’s Baupost Hedge Fund Loses More Than $150 Million On Gold Miners
Forbes – In October, Marcel “Mac” DeGuire became president and chief operating officer of Guyana Goldfields, an exploration-stage company listed on the Toronto Stock Exchange that has been losing money trying to develop gold mines in South America for years. […]
JOBS ACT Hedge Fund Marketing Strategy
The hedge fund industry is the most competitive industry in the world, where portfolio managers are constantly struggling to identify inefficiencies in the capital markets and quickly take advantage of them before their competitors. The most extreme example of this […]