Author Archives: Editor
Hedge Fund Net Flows Advance 0.63% in May
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2013 measured 1.44%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.63% in May. “Subscriptions outpaced redemptions for […]
Hedge fund nominees to Hess board to forgo special pay package
Reuters – An activist hedge fund’s nominees to the Hess Corp board of directors said they were waiving their right to receive a special pay package from the fund if the oil and gas company outperforms its peers under their watch. […]
Are Hedge Funds Bulletproof?
NY Mag – Imagine: You’re a baseball player. You have the highest salary on your team, but your batting average is below .200, and you’ve struck out swinging in 90 of your last 100 at-bats. And yet, day in and […]
Detroit’s municipal debt attracting hedge fund ‘vultures’
Reuters – Hedge funds have found success in the last two decades in corporate bankruptcies, but now they have set their sights on struggling municipalities, “and no place beckons like Detroit,” according to a report in Reuters called “Analysis: Hedge […]
Mortgages are investment du jour for hedge funds
CNN – In less than five years, mortgages have gone from toxic to tonic. It’s the same life span as the annual hedge fund conference SALT, where many of the top professional managers met last week to talk investments, hear […]
Hedge Fund Fraud: Falcone To Pay SEC $18 Million
New York (HedgeCo.Net) – Without admitting or denying the SEC’s allegations, Philip Falcone and his hedge fund Harbinger Capital Partners have agreed to pay $18 million and will be barred for two years from working as an investment adviser or broker. “The SEC alleged in […]
Hedge Fund To Liquidate After Insider Trading Arrests
New York (HedgeCo.Net) – $100 million hedge fund, Lodestone Natural Resources, is being liquidated after U.K. regulators detained CIO Tim Whyte and founding partner Carl Linderum for questioning as part of an investigation into alleged insider trading, Bloomberg reports. “Lodestone joins U.S. […]
Peak6 raises $1 billion for new hedge fund
Crain’s – Peak6 Investments LP’s asset management unit has raised $1 billion for a new hedge fund, one of only two managed by the Chicago firm. It’s also the first hedge fund created at Peak6 under former O’Connor & Associates […]
What Happens in Vegas for Hedge Funds
DealBook – The SALT hedge fund conference, held over four days at the Bellagio resort, is a lot of things – it’s an ideas conference, a Wall Street bacchanal, a power-networking event. It is also, with its vaunted lineup of […]
Japan trade captivates macro hedge funds
Risk.net – Top hedge fund managers at the Salt conference in Las Vegas are brimming with enthusiasm for Japanese equities as Abeconomics helps weaken the yen and boost economic growth. For macro-oriented investors, the trade du jour is undoubtedly Japan […]
Hedge funds see opportunities in credit investments
Pensions & Investments – The sensitivity of mortgage and other credit investments to an anticipated rise in interest rates can be mitigated, a credit hedge fund manager told attendees at the SkyBridge Alternatives Conference in Las Vegas Wednesday. Clayton DeGiacinto, […]
Hedge Fund Launch: RWC Global Horizon Fund
New York (HedgeCo.Net) – $5.8bn hedge fund manager RWC is launching the RWC Global Horizon Fund in June which will be managed by recent joiner Louise Keeling. Keeling joined RWC in April as a Partner to establish a long only Global […]