Author Archives: Editor
GAIM USA 2013 To Examine Hedge Fund Regulation Under Second Obama Term
Will the second Obama administration mean good times or bad for the hedge fund industry in 2013? How will investors be impacted? Will regulation move the markets? Will the JOBS Act be fully implemented? What next for Dodd-Frank? What changes […]
Hedge Fund Index Down 0.18% in October
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished down 0.18% for the month of October. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. The following funds were dropped from […]
Massachusetts hires Nierenberg to help oversee hedge fund picks
Reuters – Massachusetts’ state pension fund, which has invested roughly $5 billion in hedge funds, said on Wednesday that it hired a former money manager and current business school professor to oversee these types of investments. Eric Nierenberg, who earned […]
The World’s Hottest Hedge Fund Manager Has Been Buying Facebook
Forbes – The hottest hedge fund manager in America, who has traded Facebook better than anybody, was a big buyer of Facebook stock during the summer. Charles “Chase” Coleman’s $8 billion Tiger Global hedge fund held 11.7 million shares of Facebook, valued […]
Some hedge fund “Tiger Cubs” slash Ralph Lauren, others add
Reuters – A group of hedge funds seeded by veteran investor Julian Robertson cropped their stake in fashion brand Ralph Lauren Corp in the third quarter, even as the retailer attracted some of the biggest names in the $2 trillion […]
Hedge fund trial hears payments via wife
AU – Tens of thousands of dollars paid to a corrupt analyst for secrets was funnelled through his wife, an ex-analyst has told the insider trading trial of two former US hedge fund managers. The testimony by Jesse Tortora came […]
Job cuts and regulation push bankers toward hedge funds
Reuters – The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost their jobs at investment banks or who have left in search of better pay. The start-ups […]
Hedge Fund CEO: Obama Is Right — the Rich Are Not Paying Their Fair Share of Taxes
New York (HedgeCo.Net) – Vinod Gupta, CEO of hedge fund manager Everest LLC, shares his thoughts on U.S. tax rates: “I agree with President Obama that the rich just aren’t paying their fair share. That is why we have a […]
Where Hedge Funds Are Looking Now: Scaramucci
CNBC – Following the U.S. presidential election, hedge funds are adding risk to their portfolios, Anthony Scaramucci of SkyBridge Capital said Monday on CNBC. “More risk is being taken right now,” he said on “Fast Money.” Beta adjustment is also […]
U.S. Bancorp Unit to Buy AIS Fund Administration
American Banker – U.S. Bancorp (USB) is beefing up its business that administers funds on behalf of investment managers. The $352 billion-asset company said Tuesday that its U.S. Bancorp Fund Services unit would buy AIS Fund Administration, a provider of […]
Latest insider trading case focuses on hedge funds
WSJ – A money manager the government says set a record by making $50 million on a single trade based on inside information went on trial Tuesday as a prosecutor promised to take jurors “into the world of hedge funds.” […]
Job cuts, regulation push bankers toward hedge funds
Reuters – The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost their jobs at investment banks or who have left in search of better pay. The start-ups […]