Author Archives: Editor
Gartmore’s Assets Fall as Investors Pull Cash
WSJ – Gartmore Group Ltd. on Tuesday reported a 15% decline in assets under management as investors pulled cash and fund performance sank in the May and June stock sell-off. The U.K. fund manager, which made headlines this spring when […]
Eric Mindich, Like John Paulson, Makes Gold ETF His Fund’s Biggest Holding
Bloomberg – Eric Mindich’s $13 billion Eton Park Capital Management LP led hedge funds in raising gold investments last quarter, joining billionaire John Paulson’s bet that bullion will increase amid inflation concerns. Eton Park bought 6.58 million shares of SPDR […]
People Moves: Peter J. de Marigny Joins Quant Risk Group Hedge Fund Analytics
New York (HedgeCo.net) – ABC Quant, part of Quant Risk Group Hedge Fund Analytics companies, has hired Peter J. de Marigny, manager of Equity Hedge “DITMo Strategies” to represent “QUANT SUITE” as VP Business Development, West Coast. “As a Certified […]
Hedge Fund Handbook Released: ‘A Guide to Fund Management’
New York (HedgeCo.net) – There is a new book on the market for those who are planning to set up their own hedge fund. Daniel Broby’s ‘A Guide to Fund Management’ is published by Risk Books, a specialist in hedge […]
‘Cruz Missile’ Takes Off With New Fund
WSJ – Zoe Cruz, the former Morgan Stanley (MS) fixed-income banker whose direct style and profit-machine status earned her the nickname “Cruz missile,” has finally lifted off with her own hedge fund Voras Capital Management. Cruz, who has been fund-raising […]
Graham Capital Hedge Fund Hires Deutsche Bank’s Calderini
Bloomberg – Graham Capital Management LP, the $6.8 billion hedge-fund firm run by Ken Tropin, hired Pablo Calderini, the former head of equity proprietary trading at Deutsche Bank AG, as chief investment officer. “We plan to hire about 10 traders […]
Crude Oil Rises From Lowest in a Month Before U.S. Manufacturing Report
Bloomberg – Crude oil traded near its lowest level in a month in New York as retreating equities reinforced concern that the recovery will not be strong enough to revive fuel demand. Futures had gained as much as 0.7 percent […]
Hedge Funds Storm Back Into Treasurys, Corporate Bonds -Study
Dow Jones – Hedge funds stormed back into U.S. fixed-income markets this year, research and consulting firm Greenwich Associates said Wednesday, as these strategies outperformed stocks and other participants in the markets retreated. According to a survey of investors, Greenwich […]
Northern Trust wins £350m mandate for Dalton Strategic Partnership Funds
ISJ – Northern Trust wins £350m mandate for Dalton Strategic Partnership Melchior funds to provide custody and fund administration services Northern Trust has been appointed by global investment managers Dalton Strategic Partnership LLP to provide custody and fund administration services […]
Europe’s top 10 hedge fund managers take off
DowJones – A return of investor sentiment has helped Europe’s largest hedge funds lift their assets by more than a fifth over the past year, according to Financial News’ annual review of Europe’s biggest hedge funds, but a preference for […]
People Moves: Global Hedge Fund Manager BTIG Appoints Michael Nethercott as a Director
New York (HedgeCo.net) – Institutional trader, broker dealer and hedge fund related brokerage services company, BTIG, has appointed Michael Nethercott as a Director in Equity Sales Trading. Nethercott joins BTIG from Lighthouse Financial Group, where he was part of the […]