Author Archives: Editor
News Roundup: Equanum Capital to launch India Hedge Fund
Money Control – Equanum Capital Management, a U.S.- based equity hedge fund focusing on Asia outside Japan, plans to move its operations to Singapore as it starts an India fund. Equanum Capital plans to raise about $50 million for an […]
Eurekahedge: Hedge Funds Grew By $34.1 Billion In 2010
New York (HedgeCo.net) – Hedge funds assets under management grew by US$34.1 billion through December as managers ended 2010 on a high note. The Eurekahedge Hedge Fund Index posted a strong return of 3.01%[1] in the month, bringing the yearly […]
Leading Nordic hedge fund launches Ucits III fund range
CityWire – Independent Swedish asset manager and alternatives specialist Catella Fondförvaltning has launched four Newcits offerings, which it says offers investors ‘a gateway into the Nordic market’. The first fund is Catella Nordic Long Short Equity, described by Catella as ‘more […]
Jobs’s health to overshadow Apple sales
Reuters – The health of Apple Inc Chief Executive Steve Jobs will overshadow quarterly results Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers. Apple shares, up 62 percent in the last 12 months, were down […]
Hedge Funds Short China
Business Insider – China is going through a property boom. The master of short selling, Jim Chanos, questioned China’s real estate investments and said he is now shorting China. Al Jazeera’s Melissa Chan reported from Ordos Shi in Inner Mongolia, a town of one […]
Posner to Start Hedge-Fund Business at Golub Capital, FT Says
Bloomberg – Daniel Posner, who formerly headed the distressed investment unit of hedge fund firm D.E. Shaw & Co., has joined Golub Capital BDC Inc., where he will start a hedge-fund business, the Financial Times reported. Read Complete Article
Hedge Fund Manager Turns Himself In For $3.5 Million Fraud
New York (HedgeCo.net) – Hedge fund manager James Brandolino turned himself in to the FBI, confessing to $3.5 million fraud, Courthouse News Services reported today. “Brandolino, 42, of Joliet and formerly of Chicago, obtained about $4.7 million from 48 high net […]
For survival, Asian hedge funds hunt for treasures overseas
Economic Times – Asian hedge funds, starved for capital since the financial crisis in 2008, are beginning to make a tactical sojourn to markets abroad, directly chasing clients in the United States and Europe to gather the elusive assets. The […]
Apple news impacts hedge funds, heavy investors
Reuters – Few CEOs have been linked as closely to their companies as Steve Jobs is with Apple Inc and few U.S. companies are as popular with investors as Apple is with hedge fund managers. Analysts have called Apple the […]
Barton Biggs’s Hedge-Fund Heroes Pile Up Zeroes in Cautionary Fable: Books
Bloomberg – Meet Mickey Cohen, a hedge-fund hero in January 2007. He’s got the Gulfstream V, the New York penthouse, two exes and Vanessa, a 25-year-old girlfriend who works at Sotheby’s. He even has started dabbling in Old Masters. “I figure […]
Top Hedge Fund Said To Have Taken Short Position In Barclays
Here Is The City – The Telegraph reports that DE Shaw, one of the world’s largest hedge funds, has taken an almost $159m short position in Barclays Bank, emphasising growing concerns that UK banks are facing headwinds operating in a […]
Hedge-Fund Bets on Feeder-Cattle Gain Reach Highest Since 2006
Bloomberg – Hedge funds are the most bullish on feeder-cattle futures since at least 2006, a sign that speculators may expect tight supplies of the animals to boost prices that already have surged to a record in Chicago. The funds […]