Author Archives: Editor
Commodity trader CF Partners launches first hedge fund
Risk – CF Partners, active in the commodities market since 2006, has launched a long/short equity hedge fund after hiring Alvaro Ventosa from Spanish fund manager Cygnus Asset Management Commodity trader CF Partners has launched a long/short equity fund that […]
Hedge fund managers challenged to provide investor solutions, not products
Risk.Net – Hedge funds are under pressure to differentiate and explain their worth concludes a survey by SEI. Managers need to work with investors to find portfolio solutions rather than offer products. Investors have changed the way they use hedge […]
The Bailout Of Cyprus Was Another Big Win For Hedge Funds
BI – One of the aspects of the Cyprus bank bailout deal hatched by the EU and the Cypriot government in March that has been noted as a big positive by analysts across Wall Street is the fact that it […]
Half of Hedge Funds Think Their Competitors Are Cheating
WSJ – Hedge-fund employees seem to agree with federal authorities that their industry needs to clean up its act. Almost half of hedge-fund professionals believe their competitors are engaged in illegal activity and more than a third say they have […]
Barclays prime broker moves to hedge fund
FT – The head of Barclays prime broking business has left the bank to join Millennium, the $18bn hedge fun run by Israel “Izzy” Englander, according to people familiar with the situation. Ajay Nagpal is expected to join the hedge fund in […]
Hedge Funds Have a Brutal Quarter, but Loeb Stands Out
CNBC – Hedge funds, on average, returned just above 3 percent in the first quarter of 2013, a brutal return compared to buyers of an S&P 500 index fund, who enjoyed a 10 percent return on their money. Vocal activist […]
York Capital Seeks $500M for European Distressed Fund
Dow Jones Bankruptcy News – York Capital Management , a $14.6 billion investment firm known for managing hedge funds, is seeking $500 million for investing in European distressed credit assets to capitalize on forced asset sales there. The York European […]
Survey: 14% Jump in New Hedge Funds with Equities Strategies
New York (HedgeCo.Net) – Seward & Kissel, the law firm that helped create the first hedge fund in 1949, announced its second annual study of New Hedge Funds in the U.S. The New Hedge Fund Study: 2012 Edition, has revealed that 64% […]
Hedge Fund Fraud: Man Employee Arrested
New York (HedgeCo.Net) – An unidentified employee in hedge fund giant Man Group’s GLG division was arrested on suspicion of insider trading. The UK Financial Services Authority (FSA) announced the arrest of three fund management employees in London. “The investigation concerned the employee’s […]
Hedge Fund Managers: AIFMD To Be Implemented on July 22
New York (HedgeCo.Net) – The Alternative Investment Fund Managers Directive (the “Directive”) will be implemented on July 22, 2013 and will impact the reporting requirements of alternative investment fund managers (“AIFMs”) covered by the Directive, including hedge funds based in […]
Hong Kong Hedge Fund Industry Picks up Pieces for Worlds Rich Club
Forex Magnates – The hedge fund industry is finally the talk of ‘good news’ as hedge funds in Hong Kong have picked up pace for the investment managers of the rich and wealthy. Hedge funds in Hong Kong scored a 38% […]
The Daily Docket: Hedge Funds Want Trustee to Take Over Patriot Coal
Dow Jones – Two hedge funds are asking that an outsider take over Patriot Coal Corp . in order to extricate it from a bitter fight with its miners union. Aurelius Capital Management LP and Knighthead Capital Management LLC, which manage funds […]