Author Archives: Editor
Long/short equity, multi-strategy hedge funds enjoy their best quarter since Q3 2009
New York (HedgeCo.net) – After experiencing the best start to a year since 2000, hedge funds paused for a breather during March, delivering a marginally negative performance. With the exception of the US, most markets across the globe registered declines […]
Ex-Trader McCrudden Gets 28 Months in Prison for Threats
Bloomberg – Vincent P. McCrudden, a former New York commodities trader, was sentenced to two years and four months in prison for threatening to kill federal financial regulators. McCrudden, 51, who pleaded guilty last year, was sentenced today by U.S. District Judge […]
The Dow Jones Credit Suisse Core Hedge Fund Index Closed Down 0.82% in March
The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.82% in March as most of the index component strategies reported negative results for March. The Dow Jones Credit Suisse Core Hedge Fund Index provides daily published index values […]
Hedge Fund Launch: SG Alpha Launches Ukraine-dedicated Fund
New York (HedgeCo.net) – Steffen Gruschka’s Emerging Europe investment boutique has launched the Ukraine-dedicated L/S equity fund with seed capital from European Institutional Investors. The Euro 2012 gives Ukraine an immense opportunity to boost its international profile and raise investors’ […]
Which Hedge Funds Topped Markets’ First Quarter Performance?
CNBC – A handful of prominent hedge fund managers reported strong first quarter results after the industry recorded dismal returns in 2011, but only a few managed to top the performance of the rallying U.S. stock markets. Daniel Loeb’s Third […]
Hedge fund optimism going into the second quarter needs reality check
Hedge Funds Review – European Commission meddling with the AIFM directive could be bad news for Europe’s managers and investors while the US Jobs Act opens a window to freer hedge fund marketing. Entering the second quarter, hedge funds could be […]
Pressure on black box hedge funds after missing first-quarter rally
Reuters – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the […]
Sovereign wealth funds could drive hedge fund asset growth
Hedge Funds Review – Sovereign wealth funds could increase hedge fund asset growth significantly. As SWFs become more familiar with alternatives, many are moving from FoHFs to direct investment in single-manager funds. Hedge funds stand to gain from increased interest from […]
Hedge Funds Go on Attack In India
WSJ – After years of complaining about poor treatment as minority investors in India’s publicly traded companies, some Western hedge funds are turning to activist tactics that have not often been tried here. The recent moves may mark the beginning […]
Falcone mulls voluntary bankruptcy for LightSquared
Chicago Tribune – Hedge fund manager Philip Falcone said in an interview on Wednesday he is “seriously considering” filing a voluntary bankruptcy for LightSquared, the struggling telecom startup in which his Harbinger Capital Partners is the majority owner. Falcone said […]
Wall St. attacks Obama for tactic it uses
Washington Post – In 2008, Wall Street backed Barack Obama. Hedge fund operators, private equity investors and mega-bank executives gave his campaign twice the amount they contributed to John McCain. Many of the financial masters of the universe saw in […]
Pressure on black box hedge funds after missing Q1 rally
Reuters – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the […]