Author Archives: Editor
India: Suicides Mount In Investment Ponzi Scheme
New York (HedgeCo.Net) – A director at a investment company based out of West Bengal, India has been killed and there have been 11 suicides among the victims of the scam reported so far, including a 16 year old wage-labourer who had invested in the […]
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.39% in April
The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 1.39% for the month of April. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. March, April and YTD 2013 performance numbers are listed […]
Hedge fund billionaire Loeb says Sony reminds him of Yahoo
Money Control – Billionaire hedge fund manager Daniel Loeb says Sony Corp reminds him of Yahoo Inc before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company last year. Loeb’s Third Point hedge fund has […]
Hedge funds pressure Dell offer
Boston – Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private. Dell is embroiled […]
Activist hedge fund reveals Groupon stake
Chicago Tribune – JANA Partners, an activist hedge fund run by billionaire Barry Rosenstein, has revealed a stake in Groupon and Zynga, two of the most battered technology stocks. Shares of both companies jumped on the news. JANA, which oversees more […]
Soros Joins Gold-Stake Cuts Before Bear Market Drop
Bloomberg – Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month, while John Paulson maintained a stake that lost about $165 […]
Why Fund Managers May Be Right About the Fed
DealBook – The economics world has been having a lot of fun with hedge fund managers. After several such managers at a recent conference denounced the aggressive money-printing policies of Ben S. Bernanke, the Federal Reserve chairman, the economic blogosphere rose […]
Kickboxing Oil Trader Pursues KO at New Hedge Fund
Bloomberg – The impact of leather on leather imparts a pleasing crack as Pierre Andurand releases a combination of jabs and hooks onto pads being held by his coach. Powerful shoulders hint at a past as an elite swimmer in […]
New Listing Provides Chinese Investors Access to U.S. Securities for First Time
The NASDAQ OMX Group, Inc. today announced that China’s first cross-border exchange-traded fund (ETF), based on the NASDAQ-100 Index(R), has begun trading on the Shanghai Stock Exchange. The Guotai NASDAQ-100 Exchange-Traded Fund (Symbol: 513100), sponsored by Guotai Asset Management, was […]
UPDATE:Small Cap Hedge Funds show interest in edible Marijuana products from Latteno
New York (HedgeCo.Net) – Latteno Food Corp.’s wholly-owned subsidiary Green Cannabis, has rolled-out it’s first set of medical marijuana edible products consisting of Peanut Butter Cups, Chocolate Bars and Chocolate Chip Cookies all made out of Cannabutter. The peanut butter […]
Hedge funds take collateral management to heart
Risk – Hedge funds exist within a complex network of multiple prime brokers, service providers, technology vendors and various counterparties. All of these entities have been affected by the development of new rules and regulations put in place after the […]
ABS-CBN raises P4-B in fresh funds
CBN – A global private equity firm and hedge fund will be subscribing to P2.5-billion worth of new Philippine Deposit Receipts that will be issued by media conglomerate ABS-CBN Corp. In a disclosure, ABS-CBN named the firm as Capital International […]