Author Archives: Editor
“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 details of […]
Hedge Funds Bullish as Banks’ Premium Double Peers: India Credit
Bloomberg – Indian bank debt offering almost double the yield premium of global lenders is attracting hedge funds impressed by Prime Minister Manmohan Singh’s reaction to the threat of a junk credit rating. Finisterre Capital LLP is betting on a […]
Trail to a Hedge Fund, From a Cluster of Cases
DealBook – In April 2009, an F.B.I. agent visited the Silicon Valley home of Richard Choo-Beng Lee, a hedge fund manager with deep contacts inside technology companies. The government, the agent said, had overwhelming proof that Mr. Lee had engaged in insider […]
People Moves: KPMG expands hedge fund, private equity and real estate fund capabilities
New York (HedgeCo.Net) – Hedge fund advisory firm KPMG, LLP., is adding several new hires to its Alternative Investment Funds (AIF) practice’s national team, in Los Angeles and San Francisco. The practice is also making additional moves to boost experience […]
Hedge Fund CEO Predicts Financial Catastrophe
New York (HedgeCo.Net) – The co-founder and chief executive officer of hedge fund DoubleLine Capital LP predicts bleak financial times ahead, according to a Bloomberg article. Jeffrey Gundlach says that the first phase of the coming debacle consisted of a 27-year buildup of […]
BN AMRO Clearing launches competition for 6 alternative investment funds
6 alternative funds are being offered the chance to pitch to more than 200 institutional investors, funds of funds and high net worth individuals at the second Amsterdam Investors Forum (AIF), organised by ABN AMRO Clearing on 13 February 2013. […]
LandColt Capital LP Outperforms S&P 500, Establishes New Record in November
New York (HedgeCo.Net) – LandColt Capital LP, a specialized investment firm catering to private accounts and family offices, posted a month-over-month pre-fee gain of +6.84% in November. Year-to-Date, the firm’s Integrated Investment Strategy is now +34.55%. Since its inception on […]
Lasry ‘Shocked’ By Hedge Fund Industry’s Antipathy For Obama
FIN – Nearly a month after the U.S. presidential election, Avenue Capital Group’s Marc Lasry remains mystified that most of his colleagues didn’t join him in backing the winner. While the majority of hedge fund managers backed President Barack Obama […]
100 Women in Hedge Funds announces 2013 organizational changes
Opalesque – 100 Women in Hedge Funds today announced the appointment of new Global Association and London Board members and the creation of a new 100WHF Advisory Council. Explaining the organizational changes, Mimi Drake, President of Permit Capital Advisors and […]
SEI Study: Funds of Hedge Funds Must Adapt Business Model to Remain Competitive
According to a global study released today by SEI (NASDAQ: SEIC), there are signs of optimism for funds of hedge funds (FoHFs) as both investors and managers see the model as resilient and relevant to the long-term investing landscape, despite declining […]
Hedge-Fund Ads Might Spawn Frauds Unless SEC Takes Action
Bloomberg – Congress probably didn’t mean to turn the $2.3 trillion hedge-fund industry into a breeding ground for fraud when it passed a law designed to make it easier for small companies to raise capital. That may well be the […]
Hedge funds hold out for more from Greece
Reuters – Hedge funds are preparing to resist Greece’s attempt to cut its debt by holding out against a government bond buyback in the hope of bigger gains further down the line. Greece had to offer a higher price than expected […]