Author Archives: Editor
Man Group CEO Clarke to Step Down; Roman to Step Up
Reuters – Peter Clarke, the chief executive officer of embattled hedge fund firm Man Group, bowed to growing shareholder anger over the slow progress of the company’s revival plan and will hand over the reins to Emmanuel “Manny” Roman. Mr. […]
Hedge Funds Up 0.52% In November
New York (HedgeCo.Net) – Hedge funds posted marginal gains in November amid mid-month reversals in market trends. The Eurekahedge Hedge Fund Index was up 0.52% bringing its year-to-date (YTD) return to 4.51%. In contrast the MSCI World Index gained 1.05% for the […]
EU Hedge Funds And Risk Parity
New York (HedgeCo.Net) – UK and European institutional hedge fund investors reveal a growing, but in some cases limited familiarity of Risk Parity strategies according to an independent Europewide study, commissioned by Aquila Capital, one of Europe´s leading alternative investment managers. […]
People Moves: Two New Hires At The Hedge Fund Association
New York (HedgeCo.Net) – The Hedge Fund Association has appointed April J. Rudin as chairperson at a new High Net Worth Advisory Board. Rudin has over 20 years of marketing experience in both corporate and financial services settings. In a separate […]
The Darwinian Evolution Of The World’s Biggest Publicly Traded Hedge Fund Firm
Forbes – In 2008, Emmanuel “Manny” Roman, the co-chief executive of hedge fund firm GLG Partners, showed up to a conference of hedge fund managers and predicted that at least 25% of the world’s hedge funds would disappear “in a Darwinian process.” […]
‘Black box’ hedge funds buy exchange seats to dodge brokers
Reuters – Some of the world’s top computer-driven hedge funds are buying exchange memberships to trade directly on the biggest commodities and financial futures markets, saving on the sizeable commissions normally paid to brokers. Eager to improve returns and keep […]
Hedge Funds May Profit Most From Japan’s Election
Bloomberg – This may be the election that Japan bears such as J. Kyle Bass have been waiting for. Hedge-fund managers betting against Japan in recent years, including Bass of Hayman Capital Management LP, are counting on a doomsday scenario: […]
Quick Defense in Insider Trading Trial of 2 Hedge Fund Managers
DealBook – Defense lawyers for two former hedge fund managers called one witness before resting their case, a surprise decision that will send the insider trading trial to the jury as soon as Tuesday. In one of the largest prosecutions […]
CQS ABS Manager Lumsden Leaves Hedge Fund, Is Replaced by Finch
Bloomberg – CQS U.K. LLP said Alistair Lumsden, who managed a hedge fund focused on asset-backed securities, has left the $11.9 billion firm. Lumsden, chief investment officer of the $2.3 billion CQS ABS Fund, was replaced by Simon Finch, the […]
“Hedge Fund Madam” To Tell All On Dr Phil
New York (HedgeCo.Net) – The Scottish-born “hedge fund madam” who was accused of running a brothel from her New York home is planning on naming some of her high-profile clients during a television appearance on Dr Phil next week. “There […]
Orangefield Group Acquires Hedge Fund Administrator Columbus Avenue
Orangefield Group, a global service provider of administration, management and trust services announced it has acquired leading hedge fund administrator Columbus Avenue Consulting LLC. The division will officially operate under the Orangefield-Columbus brand. Orangefield-Columbus has over $25 billion in assets […]
Three Unregistered Brokers Charged For Improper Sales Of Hedge Fund Interests
New York (HedgeCo.Net) – The SEC has charged three brokers who raised funds for an Oregon-based hedge fund manager for failing to register as broker-dealers before engaging in securities transactions. “Broker-dealer registration is crucial to protecting investors from Ponzi schemes […]