Author Archives: Editor

Next Frontier Of ETF Investing: Long/Short Trades

ETF DB – There is no denying that the ETF boom is in full swing, as billions of dollars continue to flow into the industry every month despite a difficult economic environment. As individual investors and advisors alike become more […]

Icahn Wagered $1 Billion on Energy Stocks During BP Oil Spill

Bloomberg  – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]

UCITS Hedge Fund Strategy Index up 0.22%

New York (Hedgeco.net) –  The UCITS HFS Index gained 0.22% in the first week of trading in August 2010 (by business day 5, August 6th 2010). Out of the eleven strategies five performed negative, Currency (-0.49%), Credit (-0.38%) and Global […]

Hedge-fund investors settle for smaller gains

The Province – Hedge-fund investors scarred by global credit-crisis losses are setting their expectations lower and beginning to content themselves with smaller gains that they would have balked at two years ago. Widespread expectations before the crisis, fostered by over-optimistic […]

Volcker impact sends shivers through banks

Reuters – Speculation continues to grow as to which Wall Street bank will be looking to get out of proprietary trading or the private equity business in order to comply with new financial regulatory reform legislation. But despite recent moves […]

Falcone Seeking Wireless Investors

New York Times – Philip A. Falcone has hired UBS to line up investors to finance building a high-speed wireless network, The New York Post reported Saturday. Mr. Falcone’s hedge fund, Harbinger Capital Partners, is pledging billions of dollars in […]

Icahn Wagered $1 Billion on Energy Stocks During BP Oil Spill

Bloomberg – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]

New York Hedge Fund Tax Proposal Dies In Albany

WSJ – A move to raise taxes on hedge fund managers who work in New York but live elsewhere has died after it raised the ire of top politicians in the state. The New York state Senate on Tuesday passed […]

Vizcaya Hedge Fund Ordered to pay $180 Million to Picard in “Clawback” Lawsuit

New York (HedgeCo.net) – Hedge fund Vizcaya Partners Ltd., have been ordered to pay $180 million to Irving Picard, a trustee for Bernard Madoff’s investment-advisory business by Judge Burton Lifland in Manhattan Bankruptcy Court. The judge said that the hedge […]

Key Paulson funds gain but gold fund drops in July

Reuters – Investors in many of John Paulson’s hedge fund were treated to gains in July as markets recovered some ground, but his gold fund suffered big losses, people familiar with the numbers said on Thursday. The flagship Advantage fund […]

Proprietary traders may find hedge fund life harder

Reuters – As banks spin off their proprietary trading groups into hedge funds to comply with a new law, traders will find themselves in a tougher environment. Independent hedge funds face higher funding costs and often have less capacity to […]

Citigroup Private Bank Triples Hedge-Fund Roster Beyond Paulson

Bloomberg – Citigroup Inc.’s private bank will triple the number of hedge funds such as Paulson & Co. that its wealthy clients can invest in, under a push to increase money- management revenue. The private bank will expand its HedgeForum […]