Author Archives: Editor
Hedge Funds Heart Google
CNBC – Hedge funds used to love Apple. Now it’s Google’s turn to be top dog. Research from Citi Investment Research shows that the search giant took the top holding spot in the top 50 actively managed US mutual funds […]
Miners Under Mayfair Hedge Funds Swap Coal for London Mud
Bloomberg – Greg Reichmann used to mine coal for Xstrata Plc (XTA) in Australia’s Queensland state. Now he’s a tunneler under Mayfair, the most expensive place in the world to rent office space and home to London’s hedge-fund district. Reichmann, […]
Learn it: Form PF Filings
Hedge fund service provider NorthPoint, has completed the February 2013 round of Form PF submissions for a broad range of hedge fund and asset management clients. “Form PF is an exercise for which it definitely pays to ‘measure twice and […]
Activist US hedge fund halves National Express stake
Telegraph – Elliott Advisors, which failed it its attempt to put three of its own representatives on the board and force the company into a merger, placed just over 50m shares at about 215p. The placing, which came after the […]
Activist US hedge fund halves National Express stake
Telegraph – Elliott Advisors, which failed it its attempt to put three of its own representatives on the board and force the company into a merger, placed just over 50m shares at about 215p. he placing, which came after the […]
Swiss Bank Pictet Sees Value in Europe as Risk Subsides
Bloomberg – Pictet & Cie., the Swiss bank planning to target Middle Eastern clients for its $2.5 billion hedge fund, said investors can make money from European assets as the risk of a break-up in the trading bloc subsides. “We […]
Bridgewater May Be the Hottest Hedge Fund for Harvard Grads, but It’s Also the Weirdest
The Daily Beast – In the Northeast, spring is in the air, and at Ivy League schools, kids are planning their postgraduate futures. But this year, many of the smart young finance things who used to flood to positions at […]
Warren Buffett asks Palm Beach hedge fund manager to spice up annual meeting
Sun Sentinel – A Palm Beach hedge fund manager has been tapped by legendary investor Warren Buffett to add a little “spice” to his company’s annual meeting in May. Douglas A. Kass, 64, was invited to be part of a panel quizzing […]
SEC Charges RAHFCO Hedge Funds Advisers with Fraud
New York (HedgeCo.Net) – The SEC filed a civil injunctive action in New York relating to two hedge funds — RAHFCO Funds LP and RAHFCO Growth Fund LP (collectively “RAHFCO Hedge Funds”). The Commission charged RAHFCO Management Group, LLC (“RAHFCO […]
SEC Hedge Fund Enforcement Chief May Join Pru
FIN – The Securities and Exchange Commission’s top hedge fund cop may become the latest official at the regulator to head for the doors. Bruce Karpati, who leads the SEC enforcement division’s asset-management unit, is in talks with Prudential Financial, The […]
UBS Said to Face O’Connor Hedge-Fund Defections on Bonus
Bloomberg – UBS O’Connor LLC, the $6 billion hedge-fund unit within the biggest Swiss bank, risks upheaval as senior traders seek to defect after a clampdown on cash bonuses, two people with direct knowledge of the situation said. Traders are […]
In Herbalife ‘Short War,’ Hedge Funds Miss the Target
DealBook – A star-studded battle among hedge fund titans over the nutritional supplements company Herbalife became the talk of Wall Street when it erupted. But when the barbs eventually fall silent and the klieg lights dim, how will the Herbalife war end? […]