Author Archives: Editor
Herbalife trading halted after auditor KPMG reveals alleged insider trading
Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday. Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company disclosed […]
Obama Seeks More Funding For SEC Hedge Fund Watch And JOBS Act
New York (HedgeCo.Net) – The Obama administration has requested more money for the SEC so it can do a better job examining hedge funds and private-equity firms, MarketWatch reports. For FY 2014, the SEC is requesting $1.674 billion. This requested […]
SS&C GlobeOp Hedge Fund Performance Index for March 2013 measured 1.53%
New York (HedgeCo.Net) – The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2013 measured 1.53%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.22% in April. “April brings higher capital […]
Letter to Shareholders in Altin AG and Interested Parties from Metage Capital Limited
PRNewswire – Re: Proposal for Election of Directors at the AGM of Altin AG on 22 nd April, 2013. We would like to introduce Metage Capital Limited as an investment manager managing various client funds which are shareholders in Altin (the “Company”). As […]
MIK Fund Solutions & PortfolioScience Collaborate: High-Performance Risk Analysis via MIK
MIK Fund solutions, a leading provider of data aggregation and reporting software for asset managers and PortfolioScience, a provider of on-demand risk management systems for hedge funds and hedge fund service providers, today announced the integration of PortfolioScience’s RiskAPI platform […]
William Lyon Homes Files Plans for $200 Million IPO
Dow Jones – A group of noteholders, including affiliates of New York hedge fund Luxor Capital Group, agreed to buy any shares that go unsold in the offering. William Lyon s Homes’ senior secured lenders, led by an affiliate of real-estate finance […]
Commentary: Hedge funds are often overhyped and underperforming
MarketWatch – If you’re the sort of investor who chases hedge funds, marking your calendar for the next disclosure of holdings from David Einhorn or John Paulson, you can quit reading. Almost nothing that follows is going to get through […]
Hedge Fund Redemptions Rise on Cyprus Crisis
CNBC – Investors took more cash out of hedge funds than they put in over the past month, when a banking crisis in Cyprus caused wobbles in financial markets. Hedge fund administrator SS&C GlobeOp’s Capital Movement Index, which tracks monthly […]
Hedge Fund Industry Underperforms S&P 500 in February
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research have reported that hedge funds took in a net $11.4 billion (0.6% of assets) in February, building on an inflow of $4.3 billion in January. The results are based on data […]
Herbalife trading halted after auditor KPMG reveals alleged insider trading
Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday. Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company […]
Blackstone, Canyon, Fortress Nominated For Hedge Fund Industry Award
New York (HedgeCo.Net) – Institutional Investor magazine’s announces 65 manager nominees in 14 categories in its 11th Annual Hedge Fund Industry Awards. The awards recognize the hedge funds, funds of hedge funds, seeder firms, investment consultants, endowments, foundations, family offices, […]
California bill: No tax breaks if your group is against gay, transgender or atheist members
AP – California lawmakers are considering taking some tax exemptions away from youth groups that do not accept gay, transgender or atheist members — a move intended to pressure the Boy Scouts of America to lift its ban on gay […]