Author Archives: Editor
Van Eck acquires a hedge fund beta business from Lyster Watson
AM – Van Eck Associates, a US investment management firm, has acquired a hedge fund beta business and team from Lyster Watson, to offer a suite of strategies known asTrackers. According to the acquirer, Trackers are hedge-style “beta” strategies, which […]
The Murphy Mix-Up And Democrat Hedge Fund Contributions
New York (HedgeCo.Net) – Democrats Susan Bysiewicz and rival Chris Murphy are in a bit of a scuffle over hedge fund contributions, the Hartford Courant reports. Bysiewicz ran an add accusing Murphy of receiving around $700,000 in campaign contributions from financial firms, saying he has […]
Hedge Fund Manager Loses Battle Over $1 Million Shoe Collection
Gawker – In an anti-climatic finish to the Court Case of the Century, hedge fund manager Daniel Shak withdrew his lawsuit seeking his share of his ex-wife’s million dollar shoe collection. Beth Shak, the ex-wife, and, according to the New York Post, a “pretty […]
Hedge Funds Lag Behind a Generic Stock/Bond Mix
BusinessWeek – Before they discovered hedge funds, pension funds and school and foundation endowments typically held portfolios with 60 percent in equities and 40 percent in bonds. Many would be better off if they had stuck with that formula. Hedge funds have […]
Traxis To Liquidate Biggs’s Hedge Fund Into Another Pool
Bloomberg – Traxis Partners LP, the $1.2 billion hedge fund started by Barton Biggs, told clients it will liquidate a vehicle he managed and transfer the assets to another pool following his death over the weekend. The Traxis Global Equity Macro […]
New Asia hedge funds raise US$2bil in first half
The Star – New Asian hedge funds raised US$2bil in the first half of the year, an increase of 50% over the capital they raised in the previous six months, a survey by industry tracker AsiaHedge shows. The number of […]
Key witness in history’s largest hedge fund insider trading case gets 2 years’ probation in NY
Newser – A former financial consultant-turned-government witness was spared prison time Thursday and given only two years of probation after prosecutors credited him with helping convict a pair of Wall Street titans on insider trading charges. Anil Kumar had pleaded […]
US Hedge Fund Awards: Agecroft Partners Wins Best Hedge Fund Third Party Marketing Firm
New York (HedgeCo.Net) – Agecroft Partners, the hedge fund consulting and third party marketing firm, was recognized by Hedgeweek as the winner of the “2012 Best Third Party Marketing Firm” at their US Hedge Fund Awards ceremony held in New […]
Global Investment Management Industry Continues to Face a Regulatory Avalanche of Disparate Rules: KPMG Report
In its fourth annual analysis of global financial regulations, KPMG, the audit, tax and advisory firm, says investment managers continue to face daunting challenges brought on by a changing global regulatory environment, which is fraught with unanswered questions and an […]
Hedge Fund Research: A Practical Guide to Capital Markets
New York (HedgeCo.Net) – Experts at hedge fund service provider Rothstein Kass, have co-authored “A Practical Guide to Capital Markets: Participants, Instruments and Compliance,” published by Thomson Reuters Westlaw. Joe Pacello, a Financial Services Tax Principal, and Richard Bloom, National […]
Woman Around Town: Hedge Fund Manager Susan Solovay
Susan Solovay founded Pomegranate Capital in 2008 to invest in women-owned hedge funds. It’s quite a story, and while she shuttered the fund in 2009 in the wake of the ongoing Great Recession, she’s gone on to help entrepreneurs, both […]
Brevan Howard Starts U.S. Investment Firm With $300 Million
Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, has opened a U.S. investment firm that will start trading in August with an estimated $300 million. Brevan Howard U.S. Investment Management LP was set up in New York […]