Author Archives: Editor
Hedge Funds Are Buying These 4 BRIC Stocks
Seeking Alpha – Interested in emerging markets? If so, here are some ideas to get you started. We ran a screen on US-traded stocks from the BRIC countries (Brazil, Russia, India and China) for those seeing the most significant net […]
Hedge Funds Squeezed With Shorts Beating S&P 500
Bloomberg – Speculators are abandoning money- losing bets that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market. The 20 stocks with […]
U.S. Hedge Fund Davidson Kempner Said to Build Up Stake in F&N
Bloomberg – Davidson Kempner Capital Management LLC, a $19 billion U.S. hedge fund manager, has been building up a stake in Fraser & Neave Ltd. (FNN), the Singapore property and soft drinks company at the center of rival takeover bids, said a person with […]
Asking Hedge Funds to Turn Themselves In
Dealbook – Hedge funds had long operated under the regulatory radar, with few reporting obligations and a well-deserved reputation for secrecy. Now, the government is weighing whether to require them to report any suspicious transactions, like insider information or manipulation […]
Ex-Citigroup Prop Trader Joel Salomon to Start Hedge Fund
Bloomberg – Joel Salomon, a former director at Citigroup Inc. (C), plans to start long-short equity hedge fund SaLaurMor Capital LP this month. Salomon, 48, left Citigroup in January 2012, where he ran a financial-stock portfolio valued at $700 million […]
2012: Total Hedge Fund Assets Grew To $1.78 trillion
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index was up 1% in December, bringing the yearly number to 5.63%. The MSCI World Index1 returned 2.28% in December and was up 13.75% for year 2012. Hedge funds started the year on a strong […]
The latest appointments within hedge funds and funds of hedge funds as well as related service industries.
Hedge Funds Review – Crispin Henderson is to become vice-chairman of global asset management for Ameriprise Financial, the parent company of Threadneedle Investments. Campbell Fleming will take over Henderson’s existing role as CEO of Threadneedle. Both Henderson and Fleming will report to Ted Truscott, CEO of […]
Hedge fund manager Cooperman optimistic toward stocks – CNBC
Reuters – Leon Cooperman, the chief executive officer of hedge fund Omega Advisors, said on Wednesday he is optimistic toward stock markets this year, while bonds are poised for a sell-off. Cooperman, whose hedge fund had $7 billion in assets […]
The Big Fiscal Cliff Deal Winners: Hedge Fund And Private Equity Moguls
Forbes – In 2010 Steve Schwarzman, who runs the private equity and hedge fund behemoth the Blackstone Group, compared efforts to raise taxes on private equity and hedge fund managers with Hitler’s invasion of Poland. Schwarzman ended up apologizing for […]
Hedge Fund Mergers & Acquisitions: Arthur J. Gallagher Buys The Eriksen Group
New York (HedgeCo.Net) – International hedge fund brokerage and risk management company Arthur J. Gallagher has acquired central US retirement consulting firm Eriksen Group. Eriksen is a retirement consulting firm that provides ongoing and project-based retirement consulting services to their clients throughout […]
Titan Advisors Withdraws Funds From SAC Capital
Reuters – Titan Advisors LLC has decided to withdraw all of its money from the hedge fund firm SAC Capital Advisors LP, the Wall Street Journal reported on Friday [Dec. 21], as SAC faces scrutiny because of several employees linked […]
Madoff: Doomed Hedge Fund Magnate Speaks Out
New York (HedgeCo.Net) – The master of manipulation, Bernie Madoff, second only to Charles Ponzi himself, sent out a Christmas memo claiming that “Insider trading… has been present in the market forever, but rarely been prosecuted.” “Markets have always focused on […]