Author Archives: Editor
Sure, Go Ahead and Invest in Goldman Sachs’ Hedge Fund for Average Joes
TIME – Much attention has been paid lately to Goldman Sachs’ decision to “help” average folks (a.k.a. the 99% crowd) access the kind of high-stakes hedge funds once available only to the superrich (a.k.a. the 1%). And while all sorts of pundits and investor […]
RHJ Strategy and Pay Warrants Board Overhaul, Hedge Funds Say
Bloomberg – A group of hedge funds criticized RHJ International (RHJI) SA’s acquisition strategy as “erratic” and payments to managers as “egregious” as they repeated their call for a board overhaul and return of capital to investors. Several of the companies Brussels-based RHJ has […]
South Carolina to overhaul $5.5 billion hedge fund portfolio
Pensions & Investments – South Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion South Carolina Retirement Systems. Under a new asset allocation effective July 1, […]
SunTx Capital Partners Launches New Hedge Fund
New York (HedgeCo.Net) – The founding partners of SunTx Capital Partners, in collaboration with veteran senior portfolio manager Ron Dodson, have launched the Dallas based IXTHYS Capital Management, LLC (“IXTHYS”), a new hedge fund investment manager. Ron Dodson, a derivative […]
Gibraltar Campaigns To Attract Hedge Funds
New York (HedgeCo.Net) – Gibraltar has launched a campaign to bring London hedge funds to “the Rock,” the Guardian reports. Gibraltar Chief Minister Fabian Picardo has made attracting hedge funds one of the main goals of his administration, last week […]
Hedge Fund Fight Puts Women, Bankers in H.K. Boxing Ring
Bloomberg – I won my first boxing match and I’m hooked. It’s going to be days before I come down from this high. The rush of stepping out in front of 550 screaming friends, colleagues and work contacts, entering a […]
Hedge Fund People Moves: Guarino and Pingili Join Cordium
New York (HedgeCo.Net) – A global hedge fund compliance consultant has added two new members to it’s team. Cordium, the new new name for HedgeOp Compliance and The IMS Group, has hired Peter Guarino as Vice President at Cordium’s Boston office. Vivek […]
Will Smith and The Pursuit of Hedge Fund Happiness
WSJ – Who is activist investor Dan Loeb’s favorite action star? Probably not Will Smith, whose latest movie, After Earth, earned just $27 million at the box office in its opening weekend. That’s a disappointing showing for the Sony Pictures Entertainment offering. […]
Should Doctors Be Paid Like Hedge Fund Managers?
Forbes – Reinhardt argues that the best standard for judging the level of doctors’s pay is the pay available in other U.S. occupations that compete for the same talent pool, and he suggests a comparison to financial market professionals: “The […]
Hedge Funds Boost Gold Bull Bets Most in Two Months: Commodities
Bloomberg – Hedge funds raised bets on a gold rally by the most in two months as the U.S. economy expanded less than previously estimated, boosting speculation the Federal Reserve will maintain the pace of stimulus. Speculators raised their net-long […]
New tax exemption seen drawing hedge funds to Hong Kong
Money – More hedge funds and private equity firms will set up in the city because of a government reform plan and the internationalisation of the yuan, industry representatives say. Philip Tye, chairman of the Hong Kong branch of the […]
Hedge funds approve Nine cricket counter bid: report
Business Spectator – Nine Entertainment Co’s hedge fund owners and board are backing chief executive David Gyngell’s push to match rival Ten Network Holdings’ surprise $550?million bid to wrest cricket broadcasting rights from Nine, according to The Australian Financial Review. Nine has held the rights […]