Author Archives: Editor
Hedge Funds Move From GLD To Other ETFs and Safety Of Allocated Gold?
GoldSeek – Prominent hedge fund manager John Paulson continued to hold significant gold investments in the fourth quarter of 2012, even as other investors reduced their SPDR gold ETF (GLD) positions. Paulson & Co owned 21.8 million shares in the […]
Chase Coleman’s Tiger Global Management Generated $1 Billion From Its Facebook Trade
Forbes – In the last three or so years, Facebook has captured the attention of the investment world like few other companies. Even before its shares were publicly traded, investors like Goldman Sachs maneuvered to buy the stock of the social networking […]
Hedge funds sold bonds ahead of market rotation, TICS data suggest
MarketWatch – Foreigners bought a net $29.9 billion of Treasurys in December, the strongest gain in four months, according to a report released by the Treasury Department on Friday. Foreigners also purchased $18.1 billion of mortgage-backed securities, likely due to concerns […]
Hedge funds sold bonds ahead of market rotation, TICS data suggest
aiCIO – Foreigners bought a net $29.9 billion of Treasurys in December, the strongest gain in four months, according to a report released by the Treasury Department on Friday. Foreigners also purchased $18.1 billion of mortgage-backed securities, likely due to […]
Apple stock drop blamed on huge hedge funds
CNET – Hedge funds that drove up the price of Apple’s stock were also responsible for driving it down, Reuters reported yesterday. After reaching a high of $705 in September, shares of Apple started getting battered in the fourth quarter. Read […]
Keith Gertsen Joins Citi Private Bank to Focus on the East Coast Hedge Fund Community
New York (HedgeCo.Net) – Keith Gertsen has joined Citi Private Bank as a Managing Director and the Team Leader in Greenwich, Connecticut. Gertsen with have responsibility for new client acquisition, managing key client relationships, and shaping a hedge fund and […]
Average hedge fund fee significantly lower than reported
User Contributed News – Hedge fund industry assets are up slightly from their peak in the 3rd quarter of 2008; however the average fee paid on industry assets has declined much more than reported in industry surveys. These surveys typically show that […]
Hedge Fund People Moves: Throgmorton Hires ex-Morgan Stanley COO/CFO Specialist
New York (HedgeCo.Net) – UK industry specialist Throgmorton has added Carolyn Twist to their team, a former Executive Director and European Controller at Morgan Stanley, she has been brought on board to bolster the company’s outsourced COO/CFO service. Carolyn’s appointment […]
Hedge Fund Launch: Counterweight Short Credit Fund
New York (HedgeCo.Net) – The Counterweight Short Credit Fund, Ltd. SPC (“Counterweight”) launched on February 1, 2013. The Fund is managed by Troob Capital Management LLC, a firm that previously operated a net short biased High Yield credit fund from […]
Maples Fiduciary Services Expands Investment Funds Team
Following continued growth, Maples Fiduciary Services, a leading global fiduciary services provider, has expanded its Investment Funds Team in the Cayman Islands with the addition of Abali Hoilett as Senior Vice President and Fund Director. Abali has extensive experience in […]
Hedge Funds Post Gains as Equity Markets Rally
Hennessee Group LLC, a hedge fund research firm and adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +2.69% in January, whilethe S&P 500 advanced +5.04%, the Dow Jones Industrial Average increased +5.77%, and the […]
As U.S. gasoline prices soar, hedge fund oil bets near record
Reuters – U.S. motorists searching for someone to blame for the highest gasoline prices ever at this time of year have an easy target: hedge funds who have been quietly amassing winning bets on hundreds of millions of barrels of […]