Author Archives: Editor
Cohen Subpoenaed to Testify In Hedge Fund Fraud Case
New York (HedgeCo.Net) – Hedge fund billionaire Steven A. Cohen has been subpoenaed to testify before a grand jury in an SEC insider trading investigation into his hedge fund, SAC Capital Advisors. Private-equity giant Blackstone Group, the hedge fund’s largest outside […]
Goldman Launches Access To Hedge Funds For Only $1000
New York (HedgeCo.)net) – Goldman Sachs has plans to bring the trading strategies of Wall Street hedge funds to investors with as little as $1000, financial news source The Street Reports. “The bank’s investment management unit, Goldman Sachs Asset Management, […]
BlackRock and NACD Name Winner of Global Challenge for Innovation in Corporate Governance
BlackRock and the NationalAssociation of Corporate Directors (NACD) are pleased to announce the winners of the Global Challenge for Innovation in Corporate Governance: Yu Zhang, assistant professor of strategy at The Paul Merage School of Business at the University of […]
AllianceBernstein’s Global Funds Win Top Industry Honors at Lipper Awards
New York (HedgeCo.Net) – AllianceBernstein announced today that nine of its funds spanning the fixed income, equities, emerging markets and technology sectors won a total of 35 top honors in Europe, Asia and the U.S. at this year’s Lipper awards. […]
Hedge Fund Titans Vs. The Fed Comes Down To Money Hoarding Vs. Reserve Hoarding
Forbes – Jesse Eisinger, in a provocative article in today’s New York Times, summarizes an argument on Fed policy between hedge fund managers and economists. “After several such managers at a recent conference denounced the aggressive money-printing policies of Ben […]
Hedge fund Golden Tree Asset Management Expands With Paladyne Data Management Warehouse
Paladyne Systems, Inc., a Broadridge Financial Solutions, company and leading provider of next generation investment management solutions, today announced that it has expanded its partnership with long-term client GoldenTree Asset Management, with the firm implementing new products as its data […]
CEO Eric F. Billings Launches Billings Capital Management
Billings Capital Management, the investment manager founded by Friedman Billings Ramsey (FBR) co-founder, former Chairman and CEO Eric F. Billings, today announced a strategic business development relationship with MCAM Group dedicated towards Europe and Asia. Lars Bjoergerd, Managing Director, MCAM […]
Hedge Funds File New Mega Lawsuit Against Porsche
WSJ – Luxury Italian sports car maker Porsche is facing a new lawsuit linked to its failed takeover bid for Germany’s Volkswagen. An additional 25 hedge funds, including David Einhorn’s Greenlight Capital, Viking Global Equities and Glenhill Capital, are suing Porsche in German […]
Gold Posts 6th Consecutive Loss, Hedge Funds Still Interested?
CheatSheet – On Thursday, gold futures for June delivery, the most active contract, declined $9.30 to close at $1,386.90 per ounce, while silver futures for July traded flat to finish at $22.66. Gold has now closed lower for six consecutive […]
Occupy hedge funds: when private investment funds and the public collide
Guardian – I’m sure you’ve all heard Groucho Marx’s famous explanation for why he resigned from a club that solicited his membership: “I don’t want to belong to any club that would have me as a member.” It’s looking likely […]
City Diary: Around the world in 360 parties, says hedge fund reveller
The Telegraph – Dust down the jewels – and the chequebooks. Hedge fund godfather Lord Stanley Fink and his business partner David Johnstone have filled the gap left by last month’s demise of the Ark hedge fund extravaganza. Lord Fink, a […]
Institutional Hedge Fund Study: Investments To Reach $2.3 Trillion by 2017
New York (HedgeCo.Net) – Pensions & Investments report that global institutional investment in hedge funds will increase 56% to $2.3 trillion by year-end 2017 from the end of 2012. A new report by Citi,’The Rise of Liquid Alternatives & the […]