Author Archives: Editor
Co-founder Rokos to leave hedge fund Brevan Howard
Reuters – A co-founder of Brevan Howard, one of the world’s biggest and most successful hedge fund managers, is leaving the firm this month. Chris Rokos, a star trader on the firm’s $25 billion flagship Master fund and who has […]
Cablevision Says Tribune And Hedge Fund Owners Should Stop Anti-consumer Demands
RTTNews – Cablevision Systems Corp. issued a statement regarding the blackout of WPIX and other Tribune Company-owned stations on Cablevision. In the statement, Cablevision Systems said that Tribune and their hedge fund owners are demanding tens of millions in new fees […]
Hedge fund to move to Stamford, create more jobs
CBS – Connecticut will be giving up to $115 million in state aid to support a hedge fund’s plans to build a new corporate headquarters in Stamford and create up to 1,000 jobs within 10 years, Gov. Dannel P. Malloy […]
Hedge funds bet on Obamacare
CNN – Hedge fund manager Dan Loeb, once a supporter of President Obama, is now a critic. But he appears to think the president’s health care plan will be a boon for health insurers. And he’s not alone. Loeb and […]
Hedge fund titan goes big on Brazil ETF
Nasdaq – Prominent hedge fund manager Ray Dalio runs Bridgewater Associates, a $120 billion hedge fund. Close attention is paid to his buys and sells, and Dalio’s most recent SEC filing revealed an acute interest in the Brazil ETF. Dalio […]
Connecticut Aids Bridgewater Hedge Fund To Build New HQ
Bloomberg – Bridgewater Associates, the world’s biggest hedge fund, agreed to build a $750 million headquarters in Stamford, Connecticut, financed in part with tax breaks from the state. The company, founded by Raymond Dalio, operates out of five buildings in […]
Absolute Return Ranks Biggest Hedge Fund Launches For H1 2012
New York (HedgeCo.Net) – 33 hedge funds raised $10.4 billion in the first half of the year, Absolute Return reports, that’s half of the amount raised in the first half of 2008. Some key points include: · Half of the total came from a single launch […]
US Treasury appoints two directors to Ally Financial board
Business Recorder – The US Treasury Department on Wednesday named two directors to the board of Ally Financial Inc, the auto lender which is still 74-percent owned by the US government after a series of bailouts during the financial crisis. […]
Brevan Howard Raising Money in U.S. for Currency Hedge Fund
Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, is looking to the U.S. to raise money for a three-year-old investment pool focused on currencies. London-based Brevan Howard filed an Aug. 9 private- placement notice with the U.S. Securities and […]
Hedge Fund People Moves: Matt Auriemma Joins HighWater
New York (HedgeCo.Net) – Cayman-based hedge funds corporate governance service provider, HighWater Limited, is expanding to New York. Matt Auriemma, who will be based in New York, joins as a Principal of HighWater, providing independent director services to investment funds, mostly hedge funds and other […]
Man overrides machine to tackle low bond yield risk
Reuters – Man is overriding machine in the computer hedge fund industry, with some managers no longer ready to accept “black box” trading strategies blindly as government bond yields in the likes of the United States and Germany hit ultra […]